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Ramelius Resources Limited ( (AU:RMS) ) has issued an announcement.
Ramelius Resources Limited has announced the application for quotation of 289,425 fully paid ordinary securities on the ASX, issued under an employee incentive scheme. This move is likely to enhance the company’s market presence and provide additional liquidity, potentially benefiting stakeholders by aligning employee interests with company performance.
The most recent analyst rating on (AU:RMS) stock is a Buy with a A$3.20 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 operating in the mining industry, primarily focused on the exploration and production of gold. The company is listed on the Australian Securities Exchange (ASX) and is known for its strategic acquisitions and development of gold mining projects in Australia.
YTD Price Performance: 55.32%
Average Trading Volume: 10,886,956
Technical Sentiment Signal: Buy
Current Market Cap: A$6.06B
Learn more about RMS stock on TipRanks’ Stock Analysis page.