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Ramelius Resources Limited ( (AU:RMS) ) just unveiled an announcement.
Ramelius Resources Limited announced a fully franked final dividend of A$0.05 per share for the year ending June 30, 2025. The company also detailed its Dividend Reinvestment Plan (DRP), allowing eligible shareholders to reinvest their dividends into Ramelius shares at a 2% discount to the 10-day volume weighted average price. This announcement is likely to enhance shareholder value and engagement, as it provides an opportunity for shareholders to increase their investment in the company without incurring transaction costs.
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 operates in the mining industry, focusing on the exploration and production of gold. The company is listed on the Australian Securities Exchange under the ticker RMS and is headquartered in Perth, Western Australia.
YTD Price Performance: 40.62%
Average Trading Volume: 10,367,492
Technical Sentiment Signal: Buy
Current Market Cap: A$5.49B
For a thorough assessment of RMS stock, go to TipRanks’ Stock Analysis page.