Shares in ASX 200 gold miner Regis Resources Limited (ASX: RRL) are on watch this morning after the group's half-year results release.
What could move Regis shares today?
Regis reported a record net profit after tax (NPAT) of $93.4 million for the half-year ended 31 December 2019. The group's net profit margin of 25% helped boost earnings and reflected the strong profitability of its Duketon operations.
That net profit mark represents a 17% increase on the $79.9 million reported in the prior corresponding period (pcp). That brought basic earnings per share up 17% to 18.38 cents.
The Regis share price could also be on the move today after recording revenue of $371.4 million from 182,807 ounces of gold sold. The average price for the half-year was a tidy $2,063 per ounce.
Regis' earnings before interest, tax, depreciation and amortisation (EBITDA) of $185.6 million came at an EBITDA margin of 50%.
Cash flow from operations totalled $147.2 million with cash and bullion of $168.8 million at year-end. Gold production of 178,482 ounces came at an all-in sustaining cost (AISC) of $1,226 per ounce.
The group also announced a fully franked interim dividend of 8 cents per share.
I'd be watching shares in the ASX 200 gold miner today following the record result. The Regis Resources share price has fallen 22.70% lower in the last 12 months to $4.29 per share, after reaching as high as $5.72 per share in July 2019.
What about other ASX results today?
Regis is far from the only ASX 200 mining share that I'm watching today. BHP Group Ltd (ASX: BHP) is set to release its results this morning and could make or break the S&P/ASX 200 Index (INDEXASX: XJO) performance today.
Fellow ASX 200 gold share Saracen Mineral Holdings Limited (ASX: SAR) has also released its results early today. Saracen posted underlying NPAT up 84% on pcp to $80.2 million with a 22% increase in gold production to 216,452 ounces.
