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Ramelius Resources Limited
(Sydney:RMS)
Ramelius Resources Limited (RMS) vs. iShares MSCI Australia ETF (EWA)
Ramelius Resources Limited Business Overview & Revenue Model
Ramelius Resources Limited Earnings Call Summary
Ramelius Resources Limited Financial Statement Overview
| Breakdown | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 882.51M | 631.20M | 603.56M | 633.96M | 460.38M |
| Gross Profit | 313.54M | 114.46M | 117.48M | 180.15M | 162.78M |
| EBITDA | 464.56M | 260.32M | 208.84M | 340.89M | 255.79M |
| Net Income | 216.58M | 61.56M | 12.40M | 126.78M | 113.42M |
Balance Sheet | |||||
| Total Assets | 1.59B | 1.19B | 972.57M | 869.04M | 782.62M |
| Cash, Cash Equivalents and Short-Term Investments | 424.27M | 250.96M | 147.78M | 228.50M | 169.04M |
| Total Debt | 10.47M | 28.44M | 50.81M | 26.04M | 53.96M |
| Total Liabilities | 264.82M | 250.68M | 251.71M | 233.26M | 267.40M |
| Stockholders Equity | 1.33B | 940.25M | 720.87M | 635.78M | 515.22M |
Cash Flow | |||||
| Free Cash Flow | 331.63M | 70.59M | 12.13M | 139.70M | 94.57M |
| Operating Cash Flow | 454.77M | 259.95M | 158.01M | 305.24M | 234.17M |
| Investing Cash Flow | -242.68M | -120.78M | -192.84M | -183.35M | -170.81M |
| Financing Cash Flow | -38.78M | -35.99M | -45.89M | -59.06M | 6.49M |
Ramelius Resources Limited Technical Analysis
Ramelius Resources Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | $2.91B | 8.22 | 26.42% | 2.39% | 54.37% | 310.22% | |
44 Neutral | C$961.63M | -6.69 | -13.73% | 2.46% | 17.55% | -32.57% | |
| ― | $2.27B | 23.59 | 13.42% | 0.92% | ― | ― | |
| ― | $1.61B | 25.82 | 18.72% | ― | ― | ― | |
| ― | $2.20B | ― | -0.38% | ― | ― | ― | |
| ― | $1.70B | 34.10 | 1.93% | 0.83% | ― | ― | |
61 Neutral | AU$2.69B | 51.97 | 7.58% | ― | 85.82% | -47.59% |
Ramelius Resources Limited Corporate Events
Ramelius Resources Limited has announced that Dimensional Entities has become a substantial holder in the company as of July 10, 2025. This development indicates a significant investment and interest from Dimensional Entities, which could impact Ramelius Resources’ market positioning and shareholder dynamics.
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.
Spartan Resources Limited, a company listed on the ASX under the ticker SPR, has announced the approval of a scheme of arrangement for its acquisition by Ramelius Resources Limited. The acquisition involves a cash and share offer, where Spartan shareholders will receive $0.25 cash and 0.6957 new Ramelius shares per Spartan share. The scheme was approved by a significant majority of Spartan shareholders, with 90.3% voting in favor. The next steps include seeking approval from the Supreme Court of Western Australia, after which the scheme is expected to become effective, leading to the suspension of Spartan shares from trading on the ASX.
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.
UBS Group AG and its related bodies corporate have ceased to be substantial shareholders of Ramelius Resources Limited as of July 9, 2025. This change in shareholder status could impact the company’s market dynamics and investor relations, as substantial shareholders often influence corporate governance and strategic decisions.
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.
Ramelius Resources Limited has increased its stake in Spartan Resources Limited from 19.9% to 20.95% through an off-market takeover offer. This acquisition reflects Ramelius’s strategic move to consolidate its position in the gold mining sector, potentially enhancing its operational capabilities and influence within the industry.
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.
Ramelius Resources Limited has announced the issuance of 124,650 ordinary fully paid securities, which are to be quoted on the ASX as of July 4, 2025. These securities are part of an employee incentive scheme and are not subject to transfer restrictions, indicating a strategic move to incentivize and retain talent within the company.
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.
Ramelius Resources Limited has announced a change in the interests of a substantial holder, with State Street Corporation and its subsidiaries adjusting their voting power in the company. This change in substantial holding may impact the company’s shareholder dynamics and influence future decision-making processes.
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.
The Goldman Sachs Group, Inc. has ceased to be a substantial shareholder in Ramelius Resources Limited as of July 1, 2025. This change in shareholding could impact the company’s market dynamics and investor perceptions, as substantial shareholders often influence company decisions and market confidence.
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.
UBS Group AG and its related bodies corporate have become a substantial holder in Ramelius Resources Limited, acquiring a 5.59% voting power in the company as of July 1, 2025. This acquisition reflects UBS’s strategic interest in Ramelius, potentially impacting the company’s market positioning and signaling confidence in its operations, which may influence stakeholder perceptions positively.
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.
Ramelius Resources Limited has experienced a change in the interests of a substantial holder, as noted in their recent announcement. The change involves various entities, including State Street Bank and Trust Company, which has lent securities and retains a relevant interest. This development could impact the company’s voting power and influence within the market, potentially affecting its strategic decisions and stakeholder interests.
The most recent analyst rating on (AU:RMS) stock is a Buy with a A$2.10 price target. To see the full list of analyst forecasts on Ramelius Resources Limited stock, see the AU:RMS Stock Forecast page.
Ramelius Resources Limited has experienced a change in the substantial holding of its fully paid ordinary shares. The Goldman Sachs Group, Inc., along with its subsidiaries, has increased its voting power from 5.4823% to 7.4912%, indicating a significant acquisition of shares. This change in interest may impact the company’s market dynamics and influence its strategic decisions, potentially affecting stakeholders and the company’s positioning within the industry.
The most recent analyst rating on (AU:RMS) stock is a Buy with a A$2.50 price target. To see the full list of analyst forecasts on Ramelius Resources Limited stock, see the AU:RMS Stock Forecast page.
Ramelius Resources Limited has announced the application for quotation of 14,793 ordinary fully paid securities on the Australian Securities Exchange (ASX). This move, part of an employee incentive scheme, is expected to enhance the company’s market presence and provide liquidity to its stakeholders.
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.
Ramelius Resources Limited has announced a change in its registered office and principal place of business to Level 13, 58 Mounts Bay Road, Perth, WA 6000. This relocation is part of the company’s ongoing operational adjustments and was authorized for release by the Company Secretary, indicating a formal update in compliance with ASX Listing Rule 3.14.
The most recent analyst rating on (AU:RMS) stock is a Buy with a A$3.10 price target. To see the full list of analyst forecasts on Ramelius Resources Limited stock, see the AU:RMS Stock Forecast page.
Ramelius Resources Limited announced the quotation of 45,305 ordinary fully paid securities on the Australian Securities Exchange (ASX) as part of an employee incentive scheme. This move is likely to strengthen the company’s operational capabilities and align employee interests with company performance, potentially impacting its market positioning positively.
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.
Ramelius Resources Limited has announced a change in the interests of a substantial shareholder, Van Eck Associates Corporation. The voting power of Van Eck Associates has decreased from 7.03% to 6.03% as of June 23, 2025. This change in voting power could impact the company’s shareholder dynamics and influence over corporate decisions.
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.
Ramelius Resources Limited has announced that Dimensional Entities has ceased to be a substantial holder in the company as of June 12, 2025. This change in substantial holding could impact the company’s shareholder dynamics and influence voting interests, potentially affecting future corporate decisions and stakeholder relations.
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.
The Goldman Sachs Group, Inc., along with its subsidiaries, has increased its voting power in Ramelius Resources Limited from 5.0188% to 6.5573%. This change in substantial holding indicates a growing interest and investment by Goldman Sachs in Ramelius, potentially impacting the company’s market positioning and signaling confidence in its operations to stakeholders.
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.
Ramelius Resources Limited has maintained its substantial holding in Spartan Resources Limited, with a consistent voting power of 19.9% through its group entities. This unchanged position reflects Ramelius’s continued strategic interest in Spartan, potentially influencing its operational and strategic decisions in the mining sector.
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.
Ramelius Resources Limited has completed the dispatch of its bidder’s statement for a takeover bid of Spartan Resources Limited, targeting all fully paid ordinary shares not already owned by Ramelius. This move signifies Ramelius’ strategic effort to expand its holdings and influence within the mining sector, potentially impacting Spartan’s stakeholders and the broader market dynamics.
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.
Spartan Resources Limited, an Australian company listed on the ASX, has announced the dispatch of a transaction booklet related to its proposed acquisition by Ramelius Resources Limited. This acquisition is structured as a scheme of arrangement or a conditional off-market takeover offer, providing Spartan shareholders with cash and new Ramelius shares. The transaction booklet contains essential information for Spartan shareholders, including an Independent Expert’s Report and voting instructions for the scheme meeting. The Spartan Board recommends shareholders support the transaction, emphasizing the importance of reading the booklet thoroughly and consulting professional advisors if needed.
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.
Ramelius Resources Limited has announced the application for the quotation of 2,000 ordinary fully paid securities on the ASX, issued under an employee incentive scheme. This move indicates the company’s ongoing efforts to incentivize its workforce and potentially enhance its market position by aligning employee interests with shareholder value.
The most recent analyst rating on (AU:RMS) stock is a Buy with a A$2.70 price target. To see the full list of analyst forecasts on Ramelius Resources Limited stock, see the AU:RMS Stock Forecast page.
Ramelius Resources Limited has announced an off-market takeover offer for all ordinary shares in Spartan Resources Limited. The company has set a specific date and time to determine the holders of securities who will receive information related to this offer, marking a strategic move to potentially expand its market presence and influence in the mining sector.
The most recent analyst rating on (AU:RMS) stock is a Hold with a A$2.50 price target. To see the full list of analyst forecasts on Ramelius Resources Limited stock, see the AU:RMS Stock Forecast page.
Spartan Resources Limited has announced that the Supreme Court of Western Australia has approved the convening of a scheme meeting and the release of a transaction booklet related to the proposed acquisition by Ramelius Resources Limited. The acquisition involves a scheme of arrangement or a conditional off-market takeover offer, providing Spartan shareholders with cash and new Ramelius shares. The Spartan Board recommends shareholders support the transaction, which has been deemed fair and reasonable by an independent expert, in the absence of a superior proposal.
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.
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.
Ramelius Resources Limited has announced a change in the interests of a substantial holder, with State Street Bank and Trust Company and its associates holding significant voting power in the company. This change in voting power could impact the company’s strategic decisions and influence its market positioning, affecting stakeholders and potentially altering the dynamics within the industry.
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.
Ramelius Resources Limited has announced a proposed acquisition of Spartan Resources Limited through a scheme of arrangement or a conditional off-market takeover offer. The Australian Securities and Investments Commission (ASIC) has granted Ramelius an extension of 31 days to make offers under the takeover offer, allowing additional time for the preparation of the transaction booklet. This acquisition aims to consolidate Ramelius’s position in the mining sector, potentially impacting its operations and market presence.
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.
Ramelius Resources Limited has announced that Dimensional Entities has become a substantial holder in the company as of May 1, 2025. This development indicates a significant acquisition of voting power by Dimensional Entities, which could influence the company’s future decisions and strategies, potentially impacting its market positioning and stakeholders.
Ramelius Resources Limited announced that Dimensional Entities has ceased to be a substantial holder in the company as of April 28, 2025. This change in substantial holding could impact the company’s shareholder structure and influence its market positioning, as substantial holders often play a significant role in corporate governance and strategic decisions.
Ramelius Resources Limited has released its quarterly results for March 2025, highlighting the company’s ongoing efforts to maintain robust operational performance amidst market uncertainties. The report underscores the company’s commitment to transparency and adherence to industry standards, as evidenced by the involvement of competent persons in compiling exploration and resource data. While the results include non-IFRS financial information, such as All-in Sustaining Cost (AISC) and All-in Cost (AIC), these figures have not been audited, reflecting the company’s focus on providing a comprehensive view of its financial health and operational metrics.
Ramelius Resources Limited reported a record underlying free cash flow of A$223 million for the March 2025 quarter, driven by strong gold production at its Mt Magnet and Edna May hubs. The company upgraded its full-year production guidance to 290,000-300,000 ounces of gold, reflecting improved performance and successful exploration efforts. Additionally, Ramelius announced a transformational merger with Spartan Resources Limited, aiming to create a leading Australian gold producer with enhanced growth prospects. The integration of Spartan is proceeding as planned, with positive shareholder feedback, and the company continues to focus on exploration and operational efficiencies.
Ramelius Resources Limited announced it will release its March 2025 Quarterly Activities Report on April 29, 2025, before the market opens. The company will host a conference call on the same day to discuss the quarterly results, featuring Managing Director Mark Zeptner and CFO Darren Millman. This announcement is part of Ramelius’s ongoing efforts to maintain transparency with investors and stakeholders, potentially impacting its market positioning and investor relations.
Ramelius Resources Limited announced the issuance of 98,289 performance rights as part of an employee incentive scheme. These securities are unquoted and subject to transfer restrictions, reflecting the company’s commitment to rewarding and retaining its workforce, which could enhance operational stability and stakeholder confidence.
Ramelius Resources Limited announced the application for the quotation of 90 ordinary fully paid securities on the Australian Securities Exchange (ASX). This move, part of an employee incentive scheme, reflects the company’s ongoing efforts to incentivize its workforce and potentially enhance its market positioning.