The new drill results give a great deal of confidence in the future mining, and that relieves the low valuations of RMS.
Looks to me like the future will be even better than the past very high grade production and so even better than the bast very high profits (for a 125 m company).
So I have loaded up to the gills today at the open and even more at lower price, as just about everything else was falling.
When sanity returns, IMO this share, even at a P/E of 10 must double at least from here over next year.
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RMS
ramelius resources limited
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$2.46

then why all the sellers, page-9
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Last
$2.46 |
Change
-0.050(1.99%) |
Mkt cap ! $2.851B |
Open | High | Low | Value | Volume |
$2.50 | $2.51 | $2.43 | $13.45M | 5.480M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 21639 | $2.45 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.47 | 44195 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 21639 | 2.450 |
4 | 20686 | 2.440 |
9 | 105254 | 2.430 |
4 | 25700 | 2.420 |
7 | 25228 | 2.410 |
Price($) | Vol. | No. |
---|---|---|
2.470 | 44195 | 3 |
2.480 | 52900 | 5 |
2.490 | 12758 | 2 |
2.500 | 64250 | 3 |
2.510 | 4000 | 1 |
Last trade - 16.10pm 21/07/2025 (20 minute delay) ? |
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RMS (ASX) Chart |