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An update from Ramelius Resources Limited ( (AU:RMS) ) is now available.
Ramelius Resources reported quarterly group gold production of 45,610 ounces at an all-in sustaining cost of A$1,977 per ounce, generating operating cash flow of A$149.7 million and underlying free cash flow of A$54.7 million while maintaining FY26 production guidance. Operationally, the company advanced development at the Never Never underground and open pit mines at Dalgaranga, progressed engineering and early works for the Mt Magnet plant expansion, and continued an aggressive high-grade exploration program with 16 rigs and A$24.8 million in quarterly exploration spending, including defining a substantial exploration target at the Mars and Saturn prospects. The Rebecca-Roe project moved closer to development with the completion of a Definitive Feasibility Study, a conditional Final Investment Decision by the board and execution of a key Native Title Mining Agreement, laying groundwork for future production growth. On the corporate front, Ramelius strengthened its shareholder returns strategy by establishing capital allocation pillars, approving up to A$250 million in share buybacks and lifting the minimum dividend to 2 cents per share for FY26–FY27, while absorbing one-off tax payments and initial earnings adjustments from the Spartan Resources acquisition, signalling robust cash generation and a more mature capital management approach.
The most recent analyst rating on (AU:RMS) stock is a Buy with a A$5.50 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
Ramelius Resources Limited is an Australian gold mining company focused on the exploration, development and operation of gold assets, primarily in Western Australia. Its core operations include the Mt Magnet and Dalgaranga projects, complemented by ongoing expansion and feasibility work at assets such as Never Never and the Rebecca-Roe project, underpinned by a strategy of high-grade exploration and disciplined capital allocation.
Average Trading Volume: 9,472,508
Technical Sentiment Signal: Buy
Current Market Cap: A$9.47B
Learn more about RMS stock on TipRanks’ Stock Analysis page.