The Regis Resources Ltd (ASX: RRL) share price is in focus as the company reported record quarterly operating cash flow, resumed dividend payments, and extended the production outlook at Duketon North.
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What did Regis Resources report?
- Gold sales of 99,538 ounces, generating $641 million revenue at an average price of $6,436 per ounce
- Group gold production of 96,556 ounces at an all-in sustaining cost (AISC) of $2,839 per ounce
- Operating cash flow of $419 million for the quarter, with a $255 million increase in cash and bullion to $930 million
- Fully franked dividend of 5 cents per share, returning $38 million to shareholders
- Development of Buckingham–Wellington open pit adding 251,000 ounces in ore reserves at Duketon North
What else do investors need to know?
Regis resumed fully franked dividends as cash generation hit a quarterly record, supported by stable output at both Duketon and Tropicana. Cost discipline remained a key focus amid ongoing investment in capital works, with $115 million spent on development and equipment.
Exploration remains a priority, with over 100 prospects in the pipeline and expanded drilling confirming growth potential at several sites. The strong pipeline underpins Regis' extended production profile, with Duketon North now set to operate through FY31 thanks to the Buckingham–Wellington project.
A Federal Court decision is pending regarding the legal status of the McPhillamys Gold Project. In parallel, Regis has progressed technical work on an integrated waste solution to support future approvals for the project.
What did Regis Resources management say?
Regis Resources Managing Director Jim Beyer said:
The December quarter saw another consistent and reliable operational performance across Duketon and Tropicana, translating into record cash and bullion generation and continued strengthening of the balance sheet… We expect to release a formal capital management policy in conjunction with our half year results in February.
What's next for Regis Resources?
Regis maintained full-year guidance for FY26, with group production expected between 350,000 and 380,000 ounces at AISC of $2,610–$2,990 per ounce. Exploration outlays were lifted to $70–80 million after strong initial results, positioning the company to grow reserves and extend mine life.
Regis is set to publish a formal capital management policy alongside its half-year results and will provide a further update on McPhillamys once court proceedings conclude and technical assessments progress.
Regis Resources share price snapshot
Over the past 12 months, Regis Resources shares have risen 166%, significantly outperforming the S&P/ASX 200 Index (ASX: XJO) which has risen 4% over the same period.
