Regis Resources faces some pressure to secure a growth option, says Bell Potter analyst David Coates, citing a flat production outlook and higher costs. Coates is surprised Regis paid a A$0.05 final dividend. He expected Regis to hold back cash for organic growth or possible acquisitions. He reckons the company should look for a producing asset, or one near production. Coates acknowledges that could be difficult given the strong gold market. "While RRL paid a final dividend, we expect compelling organic and inorganic opportunities to emerge and successfully compete for capital allocation ahead of dividend distributions," he says. Bell Potter reiterates a hold rating on Regis. It raises its target to A$4.90 from A$4.60. Regis last traded at A$4.77. (rhiannon.hoyle@wsj.com; @RhiannonHoyle)
(END) Dow Jones Newswires
September 01, 2025 19:13 ET (23:13 GMT)
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