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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2.37%
!
$3.51

share price target 50 to 65
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Last
$3.51 |
Change
-0.085(2.37%) |
Mkt cap ! $6.708B |
Open | High | Low | Value | Volume |
$3.52 | $3.57 | $3.47 | $46.77M | 13.31M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
66 | 248252 | $3.50 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.51 | 443151 | 95 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
73 | 308407 | 3.500 |
17 | 170507 | 3.490 |
28 | 268426 | 3.480 |
16 | 165857 | 3.470 |
11 | 230528 | 3.460 |
Price($) | Vol. | No. |
---|---|---|
3.510 | 194281 | 99 |
3.520 | 162013 | 27 |
3.530 | 288133 | 21 |
3.540 | 220711 | 17 |
3.550 | 210090 | 12 |
Last trade - 15.56pm 17/09/2025 (20 minute delay) ? |
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RMS (ASX) Chart |