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Ramelius Resources Limited ( (AU:RMS) ) has issued an announcement.
Ramelius Resources Limited has announced significant progress in its Dalgaranga and Mt Magnet Hub projects. The company reported promising results from underground infill drilling at Dalgaranga, which supports the geological model and enhances the integration of the Dalgaranga underground mine into the Mt Magnet Hub. The company has also exercised its buy-back rights to reduce royalties on the Dalgaranga Gold Project, which is expected to positively impact its financials. The integration study for Dalgaranga is on track for completion by the December 2025 quarter, and the Rebecca-Roe Gold Project’s feasibility study will align with this timeline, contributing to Ramelius’ strategic 5-year plan.
The most recent analyst rating on (AU:RMS) stock is a Buy with a A$3.64 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 in the mining industry, primarily focused on gold production. It operates projects such as Dalgaranga and the Mt Magnet Hub, with a market focus on expanding its gold production capabilities in Australia.
Average Trading Volume: 11,399,027
Technical Sentiment Signal: Buy
Current Market Cap: A$6.56B
For a thorough assessment of RMS stock, go to TipRanks’ Stock Analysis page.