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Ramelius Resources Limited ( (AU:RMS) ) has issued an update.
Ramelius Resources Limited, listed on the ASX under the code RMS, has filed an updated notice regarding the issue of unquoted securities. The announcement clarifies that Exception 14 under ASX Listing Rule 7.2 applies to securities issued to managing director Mark Zeptner, updating a previous notification made on the same date and indicating the issuance falls within an exemption framework under the exchange’s rules. This procedural update may reassure investors that the equity issuance to a key executive complies with ASX requirements and does not affect the company’s available placement capacity.
The most recent analyst rating on (AU:RMS) stock is a Buy with a A$4.60 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
Average Trading Volume: 12,193,816
Technical Sentiment Signal: Buy
Current Market Cap: A$7.33B
See more insights into RMS stock on TipRanks’ Stock Analysis page.