tiprankstipranks
Trending News
More News >

Goldman Sachs Increases Stake in Ramelius Resources

Story Highlights
Goldman Sachs Increases Stake in Ramelius Resources

Don’t Miss TipRanks’ Half-Year Sale

The latest announcement is out from Ramelius Resources Limited ( (AU:RMS) ).

Ramelius Resources Limited has experienced a change in the substantial holding of its fully paid ordinary shares. The Goldman Sachs Group, Inc., along with its subsidiaries, has increased its voting power from 5.4823% to 7.4912%, indicating a significant acquisition of shares. This change in interest may impact the company’s market dynamics and influence its strategic decisions, potentially affecting stakeholders and the company’s positioning within the industry.

The most recent analyst rating on (AU:RMS) stock is a Buy with a A$2.50 price target. To see the full list of analyst forecasts on Ramelius Resources Limited stock, see the AU:RMS Stock Forecast page.

More about Ramelius Resources Limited

Average Trading Volume: 9,600,534

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$2.9B

See more insights into RMS stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1