RMS 0.50% $2.01 ramelius resources limited

Consevative price target 75 cents to $1.04 approx

  1. 5,248 Posts.
    lightbulb Created with Sketch. 144
    Production for 2024 is expected to be around 240k oz.
    Costs 1900 aud oz
    Gold price $2300aud to $2500aud
    margin appox 400
    Ater tax profit likley around $80 million
    Pe ratio of 10 800 million market cap
    Pe rato of 15 1.2 billion. market cap.

    lets be generous and go for 1.2 market cap.

    It might be time to diversify into other resources with more long term stabilty. A bulk commodity
 
watchlist Created with Sketch. Add RMS (ASX) to my watchlist
(20min delay)
Last
$2.01
Change
-0.010(0.50%)
Mkt cap ! $2.296B
Open High Low Value Volume
$2.04 $2.06 $2.00 $7.061M 3.503M

Buyers (Bids)

No. Vol. Price($)
8 127312 $2.00
 

Sellers (Offers)

Price($) Vol. No.
$2.02 18484 3
View Market Depth
Last trade - 16.10pm 26/04/2024 (20 minute delay) ?
Last
$2.01
  Change
-0.010 ( 0.84 %)
Open High Low Volume
$2.04 $2.06 $2.00 790790
Last updated 15.59pm 26/04/2024 ?
RMS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.