24/04/2025 09:39

Ramelius Resources (RMS) $2.51

RMS was the worst-performing stock in the ASX200 on Wednesday, hence in theory it should bounce the strongest when gold eventually turns – sounds good in principle.

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12/03/2025 09:27

Ramelius Resources (RMS) $2.31

A tough day yesterday for the WA based gold producer after they rejigged their mine plans for the Mt Magnet Gold Mine located around 500 km northeast of Perth in the Murchison Goldfield of the Yilgarn Craton.

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09/12/2024 09:26

Ramelius Resources Ltd (RMS) $2.27

We have discussed RMS a couple of times over the recent months. In conjunction with the PBOC's back on the bid in the gold market, we are targeting fresh highs by RMS in the coming months with a small 7% stop from a trading perspective.

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06/12/2024 09:03

Ramelius Resources Ltd (RMS) $2.29

RMS has trended up nicely over the last two years, but it’s a great illustration that gold is a cyclical space that can often be volatile. Over the last 24 months, RMS has corrected between 15% and 25% on four occasions, or on average every six months.

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01/11/2024 09:15

Ramelius Resources Ltd (RMS) $2.39

In May, RMS approached Westgold (WGX) for a $3bn gold merger. Although rebuffed, it doesn’t mean they’ve given up on the concept—Red & SLR beat them to the punch.

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25/07/2024 09:16

Ramelius Resources (RMS) $1.995

RMS closed up +4.2% on Wednesday, with the stock having recovered from the news in May that it had approached Westgold (WGX) for a $3bn gold merger. We believe the Gold Sector will see further consolidation over the coming year, similar to RED & SLR and heavyweights Newmont & Newcrest, but for now, all is quiet with RMS.

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30/05/2024 09:15

Ramelius Resources (RMS) $1.91

RMS tumbled -7.6% on Wednesday after news emerged they had approached Westgold (WGX) for a $3bn gold merger; WGX rallied over 6%. This consolidation/bid follows on the heels of Newmont's (NEM US) purchase of Newcrest (NCM), but by all accounts, WGX has rebuffed the approach, which included some scrip in the deal – based on yesterday's close; RMS is valued at around $2.2bn and WGX's $1.1bn.

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22/03/2024 09:25

Ramelius Resources Ltd (RMS) $1.73

We have liked RMS for more than a year, and it hasn’t disappointed us. On Thursday, it rallied over 7%, making it one of the best-performing gold stocks in a hot session for precious metals.  The $2bn South Australian gold producer has been gaining momentum through March since they released their 10-year plan for the Mt Magnet mine.

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18/01/2024 09:27

Ramelius Resources (RMS) $1.51

RMS is a $1.7bn SA based gold company which tripled from its 2022 low as gold pushed ever higher. In general, MM likes to buy strong stocks into pullbacks, and this is a prime example in the local Gold Sector.

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26/09/2023 09:06

Ramelius Resources (RMS) $1.47

Firstly, it's important to point out that we liked both GMD and RMS, but the latter nudged the verdict as the stock looks poised to break out to fresh 2023 highs even while the gold price corrects, i.e. a stock that rallies in the face of bad news is bullish.

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