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Ramelius Resources Limited ( (AU:RMS) ) just unveiled an announcement.
Ramelius Resources Limited has announced the application for quotation of 868,249 fully paid ordinary securities on the Australian Securities Exchange (ASX). This move, part of an employee incentive scheme, is expected to enhance the company’s capital structure and potentially improve its market positioning, reflecting a strategic effort to align employee interests with shareholder value.
The most recent analyst rating on (AU:RMS) stock is a Buy with a A$3.64 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 known for its mining operations in Australia and aims to expand its market presence through strategic resource development.
Average Trading Volume: 11,214,837
Technical Sentiment Signal: Buy
Current Market Cap: A$6.52B
Learn more about RMS stock on TipRanks’ Stock Analysis page.