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Ramelius Resources Limited ( (AU:RMS) ) has provided an update.
Ramelius Resources Limited has announced an off-market takeover offer for all ordinary shares in Spartan Resources Limited. The company has set a specific date and time to determine the holders of securities who will receive information related to this offer, marking a strategic move to potentially expand its market presence and influence in the mining sector.
The most recent analyst rating on (AU:RMS) stock is a Hold 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
Ramelius Resources Limited is a company operating in the mining industry, primarily focused on gold exploration and production. The company is listed on the Australian Securities Exchange (ASX) under the ticker RMS and is based in East Perth, Western Australia.
Average Trading Volume: 9,868,930
Technical Sentiment Signal: Buy
Current Market Cap: A$3.42B
For an in-depth examination of RMS stock, go to TipRanks’ Stock Analysis page.