I have been looking high cost long term producers in other commodities with high capital and no debt. They are trading around double their cash reserves, therefore I think a fair price for RMS is between 50 and 65 cents.
RMS cash backing is around 28 cents therefore a price of 55 cents is reasonable.
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RMS
ramelius resources limited
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0.57%
!
$3.52

share price target 50 to 65
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Last
$3.52 |
Change
0.020(0.57%) |
Mkt cap ! $6.698B |
Open | High | Low | Value | Volume |
$3.53 | $3.55 | $3.52 | $4.647M | 1.316M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
24 | 78736 | $3.51 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.52 | 13260 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
21 | 56757 | 3.520 |
18 | 62538 | 3.510 |
24 | 128094 | 3.500 |
11 | 99168 | 3.490 |
8 | 59914 | 3.480 |
Price($) | Vol. | No. |
---|---|---|
3.530 | 40287 | 25 |
3.540 | 94866 | 23 |
3.550 | 72412 | 14 |
3.560 | 128758 | 18 |
3.570 | 120232 | 16 |
Last trade - 10.24am 19/09/2025 (20 minute delay) ? |
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RMS (ASX) Chart |