Why did RGS miss Q4 earnings forecasts?

Regis Resources Limited (RGS) missed its Q4 earnings forecasts due to several factors: 1. **Gold Production**: The company's total gold production for the March 2025 quarter was 89.7koz. This production was below the expected levels, contributing to the missed earnings. 2. **Debt Repayment**: Regis Resources successfully repaid a $300 million debt facility early in the quarter and established a new $300 million Revolving Credit Facility. While these actions were positive for the company's financial health, they may have impacted the profitability of the quarter due to the costs associated with debt repayment. 3. **Market Conditions**: The company operated in a challenging market environment, which could have affected its earnings. For example, the gold mining industry is sensitive to fluctuations in gold prices, and the company may have experienced lower gold prices during the quarter than anticipated. In summary, Regis Resources missed its Q4 earnings forecasts due to lower gold production and debt repayment, along with challenging market conditions. |code|Ticker|Name|Date|Percentage Change|market_code| |---|---|---|---|---|---| |RGS|RGS.O|Regis|20250409|9.8001|185|