RAMELIUS RESOURCES LIMITED (RMS)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

RMS

RMS - RAMELIUS RESOURCES LIMITED

FNArena Sector : Gold & Silver
Year End: June
GICS Industry Group : Materials
Debt/EBITDA: 0.02
Index: ASX200 | ASX300 | ALL-ORDS

Ramelius Resources is a Western Australian gold producer. It currently operates four mines and associated processing plants. The company listed on the ASX in 2003.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$2.63

20 Feb
2025

0.010

OPEN

$2.63

0.38%

HIGH

$2.64

3,248,812

LOW

$2.59

TARGET
$2.71 3.0% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
A1M . AAM . AAR . ADT . ALK . AMI . ASL . BC8 . BEZ . BGL . BTR . CEL . CMM . CNB . CVV . CYL . DEG . EMR . EVN . EVR . FFM . FFM . FND . GMD . GOR . GPR . HGO . IGO . KCN . KGL . MAU . MEI . MEK . MML . NEM . NST . NVA . OBM . PDI . PNR . PRU . RRL . RSG . RXL . SBM . SMI . SPR . SSR . STM . STN . SVL . TBR . TCG . TRE . TTM . VAU . WAF . WGX .
FNARENA'S MARKET CONSENSUS FORECASTS
RMS: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx 19.5 31.1 xxx
DPS (cps) xxx 5.0 6.0 xxx
EPS Growth xxx 100.0% 59.4% xxx
DPS Growth xxx 100.0% 19.3% xxx
PE Ratio xxx N/A 8.8 xxx
Dividend Yield xxx N/A 2.2% xxx
Div Pay Ratio(%) xxx 25.6% 19.2% xxx

Dividend yield today if purchased 3 years ago: 3.23%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 1.83

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 13/09 - ex-div 5c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2025 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx19.5
DPS All xxxxxxxxxxxxxxx5.0
Sales/Revenue xxxxxxxxxxxxxxx882.5 M
Book Value Per Share xxxxxxxxxxxxxxx116.3
Net Operating Cash Flow xxxxxxxxxxxxxxx452.6 M
Net Profit Margin xxxxxxxxxxxxxxx24.54 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx19.09 %
Return on Invested Capital xxxxxxxxxxxxxxx18.99 %
Return on Assets xxxxxxxxxxxxxxx15.35 %
Return on Equity xxxxxxxxxxxxxxx19.09 %
Return on Total Capital xxxxxxxxxxxxxxx23.91 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx350.7 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201920202021202220232024
Short-Term Debt xxxxxxxxxxxxxxx9 M
Long Term Debt xxxxxxxxxxxxxxx1 M
Total Debt xxxxxxxxxxxxxxx10 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx424 M
Price To Book Value xxxxxxxxxxxxxxx1.65

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx123.1 M
Capex % of Sales xxxxxxxxxxxxxxx13.95 %
Cost of Goods Sold xxxxxxxxxxxxxxx595 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx11 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx100 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

3
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Ord Minnett

30/01/2025

1

Buy

$2.80

6.46%

Ord Minnett assesses a strong 2Q operational report by Ramelius Resources, with mined grades at Cue open pit and Penny underground exceeding expectations.

Supported by higher gold prices, record free cash flow of $175m was achieved, observe the analysts, noting cash reserves have grown to $500m, which strengthens potential for acquisitions.

The company remains on track to meet FY25 guidance of 270-300koz at a cost (AISC) of between $1,500-1,700/oz, though the broker expects production to exceed the top-end at 304koz.

Further momentum is anticipated from ongoing production improvements, a planned Mt Magnet mill expansion, and the Eridanus cut-back, highlights Ord Minnett.

The Buy rating and $2.80 target are retained.

FORECAST
Ord Minnett forecasts a full year FY25 dividend of 8.90 cents and EPS of 32.70 cents.
Ord Minnett forecasts a full year FY26 dividend of 4.70 cents and EPS of 30.40 cents.

Shaw and Partners

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Canaccord Genuity

01/11/2024

1

Buy

$3.25

23.57%

September quarter results for Ramelius Resources revealed lower-than-expected group production of 62koz, with Mt Magnet grades affecting output and costs (AISC ) of $1,965/oz missing forecasts by the broker and consensus.

Revenue reached $211m from gold sales, yielding free cash flow (FCF) of $89.6m.

Management retained FY25 guidance at 270-300koz at an AISC between $1,500 and $1,700/oz.

Canaccord Genuity increases the target price for Ramelius Resources to $3.25 from $3.20. Buy.

FORECAST
Canaccord Genuity forecasts a full year FY25 dividend of 9.00 cents and EPS of 28.00 cents.
Canaccord Genuity forecasts a full year FY26 dividend of 6.00 cents and EPS of 28.00 cents.
Access Extra Coverage Research History >

RMS STOCK CHART

FNArena News on RMS

1
Weekly Ratings, Targets, Forecast Changes – 13-12-24

Dec 16 2024 - Weekly Reports
2
Australian Broker Call *Extra* Edition – Nov 01, 2024

Nov 01 2024 - Daily Market Reports
3
Australian Broker Call *Extra* Edition – Oct 14, 2024

Oct 14 2024 - Daily Market Reports
4
Material Matters: Lithium Enthusiasm Is Back

Sep 12 2024 - Commodities
5
Australian Broker Call *Extra* Edition – Sep 04, 2024

Sep 04 2024 - Daily Market Reports

Latest Gold & Silver News

1
Unlocking Vault’s Golden Potential

Nov 14 2024 - Commodities
2
What Went Wrong With Newmont?

Nov 05 2024 - Australia
3
In Brief: Aurum, Hillgrove & Little Green Pharma

Oct 25 2024 - Weekly Reports
4
Perseus Mining Shares Ready To Run

Oct 22 2024 - Technicals
5
Gold & Dividends Shine For Northern Star

Sep 12 2024 - Australia
6
Cup And Handle For Capricorn Metals

Aug 06 2024 - Technicals
7
Bellevue Gold For Better Grades & Margins

Jul 08 2024 - Commodities
8
Is Gold Overvalued Or Is Silver Undervalued?

Jul 02 2024 - Commodities
9
Evolution Mining’s Spending Spree

Jun 28 2024 - Australia
10
Break-Out For Resolute Mining

Jun 04 2024 - Technicals