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The latest update is out from Ramelius Resources Limited ( (AU:RMS) ).
Ramelius Resources Limited announced a transformative year marked by record gold production and a strategic merger with Spartan Resources, enhancing its operational scale and financial strength. Despite a rise in recordable injuries, the company reported a significant increase in net profit and declared a maiden dividend, while outlining future growth plans including expansions and exploration investments.
The most recent analyst rating on (AU:RMS) stock is a Buy with a A$4.20 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 mining industry, primarily focused on gold production. The company has a significant market presence, having recently entered the ASX100 with a market capitalisation exceeding $6 billion.
YTD Price Performance: 68.41%
Average Trading Volume: 16,113,219
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$6.52B
See more data about RMS stock on TipRanks’ Stock Analysis page.