Goldman Sachs initiated coverage of Ramelius Resources (RMLRF) with a Neutral rating and A$2.75 price target as the firm began coverage of six Australian gold miners benefiting from this gold equities cycle. With gold price volatility in focus, the firm assesses its expanded gold coverage in relative baskets on gold price leverage/size, the analyst noted.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RMLRF: