Regis falls despite profit jump

Shares in the Perth-based gold miner dropped despite net profit doubling for 2012-13.

Shares in Regis Resources (RRL) have tumbled even though the gold miner doubled its net profit over that of the previous year.

The Perth-based miner's share price fell 6.8% to $3.73 at 1228 AEST despite reporting net profit after tax at $145.7 million in the year to June 30, up from $68.2 million in 2011-12.


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