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Ramelius Resources Hits Gold Production Record

Ramelius Resources Hits Gold Production Record

Ramelius Resources Limited (AU:RMS) has released an update.

Ramelius Resources Limited reports a record gold production of 293,033 ounces for the fiscal year 2024, surpassing its original production guidance. The company also achieved a robust quarterly cash flow of A$137.3 million, contributing to a significant cash and gold balance of A$446.6 million by the end of June. Looking ahead, Ramelius anticipates strong free cash flows to continue into FY25, supported by strategic investments and acquisitions.

For further insights into AU:RMS stock, check out TipRanks’ Stock Analysis page.

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