Regis Resources stock gets Citi Hold amid 83,000-ounce quarter

Published on 10/08/2026 at 08:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Regis Resources stock has a Citi Hold rating with a AUD 7.90 target dated October 6, 2026. FY27 guidance stays at 360,000 to 400,000 ounces.

Regis Resources, AU000000RRL8, Illustration mit AI erstellt.

Regis Resources (ISIN AU000000RRL8) stock had a Citi Hold rating and AUD 7.90 price target on October 6, 2026. According to Markets Insider, analyst Thiago Ojea maintained the rating and target for Regis Resources.

Citi keeps a Hold view

The Citi call places the stock alongside a broader Hold consensus. MarketScreener lists a Hold consensus from 10 analysts and an average target of AUD 8.164.

The consensus target is above Citi's AUD 7.90 level, while the latest company update leaves execution as the central issue for the rest of FY27. Regis must convert a second-half production weighting into higher output while bringing new open pits into operation.

Production starts below last year

Regis produced 83,000 ounces of gold in the quarter ended September 30, 2026, compared with 90,400 ounces a year earlier. Investing.com attributed the lower output to late-season rainfall and reported that the company kept FY27 production guidance at 360,000 to 400,000 ounces.

The quarter also showed the importance of cash generation. Regis generated AUD 146 million of pre-tax cash and bullion, including an AUD 51 million break fee from the terminated Vault Minerals transaction, before paying AUD 53 million in tax, according to Yahoo Finance.

October results set the next test

The production range of 360,000 to 400,000 ounces is weighted toward the second half of FY27, while capital expenditure is weighted toward the first half. That profile makes cost delivery and mine ramp-up the key checkpoints for the next operational update.

Motley Fool Australia reported that Regis Resources will release its full September quarterly results on October 20, 2026, including all-in sustaining costs and a conference call on the same date.

Stock trades below AUD 8

Regis Resources stock was last at AUD 7.095 on the ASX on October 7, 2026, down 1.32 percent on the session. The dated price move puts the stock below the Citi target of AUD 7.90 and the analyst consensus target of AUD 8.164.