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Ramelius Resources Limited ( (AU:RMS) ) has issued an announcement.
Ramelius Resources Limited reported a record underlying free cash flow of A$174.5 million for the December 2024 quarter, driven by strong gold production of 85,311 ounces at an all-in sustaining cost (AISC) of A$1,491 per ounce. The company highlighted significant progress on the Rebecca-Roe Gold Project, with a pre-feasibility study showing promising economic returns and a targeted final investment decision for September 2025. Additionally, the company has expanded its management team and increased its stake in Spartan Resources Limited, indicating strategic growth and operational improvements.
More about Ramelius Resources Limited
Ramelius Resources Limited is a company operating in the mining industry, primarily focused on gold production. The company is known for its operations in regions such as Mt Magnet and Edna May, and it is actively developing projects like the Rebecca-Roe Gold Project. Ramelius is also involved in exploration activities and has strategic investments, such as its stake in Spartan Resources Limited.
YTD Price Performance: 11.11%
Average Trading Volume: 8,011
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $1.69B
Learn more about RMS stock on TipRanks’ Stock Analysis page.
