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Ramelius Resources Limited ( (AU:RMS) ) has issued an update.
Ramelius Resources Limited has announced an update to a previous securities issuance announcement due to changes in SPR share capital. This update results from the conversion of performance rights, which increases the total potential number of RMS shares that may be issued. This development could impact the company’s market operations and shareholder value by potentially diluting existing shares and altering the company’s capital structure.
The most recent analyst rating on (AU:RMS) stock is a Buy with a A$3.55 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 under the code RMS.
Average Trading Volume: 9,801,220
Technical Sentiment Signal: Buy
Current Market Cap: A$3.42B
For detailed information about RMS stock, go to TipRanks’ Stock Analysis page.