RMS 0.54% $1.85 ramelius resources limited

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    HIGHLIGHTS
     28% increase in gold production to 110,839 ounces(2015: 86,653 ounces)
     33% increase in Revenue to A$173.7M(2015: A$130.4M)
     61% increase in EBITDA* to A$75.6M(2015: A$46.9M)
     71% increase in Profit after Tax to A$27.5M (2015: A$16.1M)
     Debt-free with 37% increase in net cash & bullion of A$49.7M(2015: A$36.3M)
     FY2017 production to increase a further 22% to 135koz at AISC of A$1,050/oz
    Ramelius Resources Limited (ASX: RMS) is pleased to report a 71% increase in Profit
    after Tax to A$27.5M for FY2016, capping a strong operational and financial
    performance by its WA gold operations. Thiswas achieved on a 33% increase in sales
    revenue to A$173.7M driven by greater gold sales.
    EBITDA* rose by 61% to A$75.6M reflecting the higher production levels combined with
    a reduction in All-in Sustaining Costs (AISC) to A$1,157/oz. The FY2016 average
    received gold price increased by 9% to A$1,596/oz compared to FY2015. This reflected
    the benefits of the gold forward sales program, which insulated revenues to a significant
    degree from movements in the spot gold price.
 
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Last
$1.85
Change
-0.010(0.54%)
Mkt cap ! $2.097B
Open High Low Value Volume
$1.83 $1.87 $1.82 $1.720M 934.6K

Buyers (Bids)

No. Vol. Price($)
27 25302 $1.85
 

Sellers (Offers)

Price($) Vol. No.
$1.85 16547 26
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