Skip to Content
scroll

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.

  • We like RMS targeting a move to new 2024 highs, up another 8-10% higher; Shaw has a $2.73 target on the stock.
RMS
MM is bullish towards RMS
Add To Hit List
chart
image description
Ramelius Resources (RMS)
image description

Relevant suggested news and content from the site

Back to top