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Ramelius Resources Limited ( (AU:RMS) ) just unveiled an announcement.
Ramelius Resources Limited reported a record net profit after tax of A$474.2 million for FY25, marking a 119% increase from the previous year. The company achieved record financial performance across various metrics, including EBITDA, earnings per share, and operating cash flow, driven by high-grade ore production and improved gold prices. A transformational combination with Spartan Resources Limited and the integration of the Dalgaranga deposit are expected to support future growth. The company declared a fully franked final dividend of 5.0 cents per share, contributing to a total FY25 dividend of 8.0 cents per share, up 60% from FY24.
The most recent analyst rating on (AU:RMS) stock is a Buy with a A$3.19 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 a company in the gold mining industry, primarily focused on gold production and exploration. The company is listed on the Australian Securities Exchange (ASX: RMS) and aims to become a 500,000-ounce per annum gold producer by FY30.
YTD Price Performance: 40.62%
Average Trading Volume: 10,367,492
Technical Sentiment Signal: Buy
Current Market Cap: A$5.49B
For an in-depth examination of RMS stock, go to TipRanks’ Overview page.