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An update from Ramelius Resources Limited ( (AU:RMS) ) is now available.
Ramelius Resources Limited has announced its vision to become a +500,000 ounces per annum producer by the fiscal year 2030. This ambitious goal is contingent upon the successful integration and optimization of its assets with Spartan, particularly focusing on the Mt Magnet and Dalgaranga operations. The company plans to conduct an integrated study to develop a long-term mine plan and optimize processing options, with results expected by the December 2025 quarter. This strategic move aims to enhance operational efficiency and reduce costs, potentially strengthening Ramelius’s position in the mining sector.
The most recent analyst rating on (AU:RMS) stock is a Buy with a A$4.00 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, focusing primarily on the exploration and production of mineral resources. The company is involved in the development of mining projects and aims to expand its production capabilities, particularly in the Mt Magnet and Dalgaranga regions.
YTD Price Performance: 73.87%
Average Trading Volume: 15,261,672
Technical Sentiment Signal: Buy
Current Market Cap: A$6.74B
See more insights into RMS stock on TipRanks’ Stock Analysis page.