tiprankstipranks
Company Announcements

Ramelius Resources Reports Strong Financial Growth and Announces Interim Dividend

Story Highlights
  • Ramelius Resources Limited reported a 46% increase in revenue and a 313% rise in net profit after tax.
  • The company declared a 3.0 cents per share interim dividend, reflecting its strong financial performance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Ramelius Resources Reports Strong Financial Growth and Announces Interim Dividend

Discover the Best Stocks and Maximize Your Portfolio:

Ramelius Resources Limited ( (AU:RMS) ) has shared an announcement.

Ramelius Resources Limited reported a significant increase in financial performance for the half-year ended December 31, 2024, with revenues from ordinary activities rising by 46% and net profit after tax increasing by 313% compared to the previous period. The company announced a fully franked interim dividend of 3.0 cents per share, highlighting robust earnings and a strong financial position, which are expected to positively impact stakeholders and reinforce its market position.

More about Ramelius Resources Limited

Ramelius Resources Limited operates in the mining industry, focusing on gold production. The company engages in joint ventures and partnerships to explore and develop mineral resources, primarily gold projects, with some interests in nickel, platinum group elements, and base metals.

YTD Price Performance: 15.93%

Average Trading Volume: 6,729

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $1.91B

Learn more about RMS stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1