Ramelius Resources Limited (ASX:RMS)
| Market Cap | 7.08B |
| Revenue (ttm) | 1.18B |
| Net Income (ttm) | 292.08M |
| Shares Out | 1.89B |
| EPS (ttm) | 0.20 |
| PE Ratio | 19.03 |
| Forward PE | 14.66 |
| Dividend | 0.08 (2.14%) |
| Ex-Dividend Date | Mar 16, 2026 |
| Volume | 6,130,708 |
| Average Volume | 9,298,069 |
| Open | 3.650 |
| Previous Close | 3.740 |
| Day's Range | 3.610 - 3.700 |
| 52-Week Range | 2.280 - 5.160 |
| Beta | 1.43 |
| RSI | 41.49 |
| Earnings Date | Apr 29, 2026 |
About Ramelius Resources
Ramelius Resources Limited engages in the exploration, evaluation, mine development and operation, production, and sale of gold. The company operates through three segments: Mt Magnet, Edna May, and Exploration. It holds a portfolio of projects in Australia. The company was incorporated in 1979 and is based in Perth, Australia. [Read more]
Financial Performance
In fiscal year 2025, Ramelius Resources's revenue was 1.20 billion, an increase of 36.35% compared to the previous year's 882.57 million. Earnings were 474.17 million, an increase of 118.93%.
Financial StatementsNews
Ramelius Resources Transcript: Mining Forum Europe 2026
Production is set to grow 170% by FY 2030, driven by Mount Magnet and Dalgaranga expansions, with robust free cash flow and shareholder returns supported by disciplined investment and exploration. All-in sustaining costs are targeted well below peers, and renewable energy initiatives are underway.
Ramelius Resources Earnings Call Transcript: H1 2026
Half year results showed resilient financial performance despite lower production, with strong EBITDA, robust margins, and a solid balance sheet. Strategic milestones included the first ore from Never Never, Spartan acquisition synergies, and a higher interim dividend.
Ramelius Resources Transcript: RIU Explorers Conference 2026
A robust growth strategy targets 500,000 ounces per year by FY 2030, underpinned by high-margin production, aggressive exploration, and integration of high-grade resources like Dalgaranga. Major investments in drilling and plant upgrades support long-term expansion.
Ramelius Resources Earnings Call Transcript: Q2 2026
Gold production reached 46,510 ounces at an AISC of AUD 1,977/oz, generating AUD 54.7 million in free cash flow. Strong exploration results and project milestones support future growth, while a robust balance sheet enables a AUD 250 million buyback and increased dividends.
Ramelius Resources Transcript: AGM 2025
Record gold production, a major merger, and entry into the ASX 100 marked a transformational year. Strong financials enabled increased dividends, major growth projects, and a clear path to 500,000 ounces annually by 2030, with all AGM resolutions supported.
Ramelius Resources Transcript: Status Update
A fully funded five-year plan targets over 500,000 oz annual gold production by FY 2030, driven by major upgrades at Mount Magnet and the integration of high-grade Never Never and Dalgaranga ore. Exploration spend is ramping up, and a new capital allocation framework will support growing shareholder returns. Mount Magnet is set to become a top Australian gold hub with sector-leading costs.
Ramelius Resources Earnings Call Transcript: Q1 2026
Operational transition and strategic progress drove strong cash flow and liquidity, with 55,013 oz produced at a 59% margin and AUD 827.7 million in cash and gold. Integration of Spartan, increased exploration, and upcoming guidance set the stage for future growth.
Ramelius Resources Transcript: 2025 Precious Metals Summit - Beaver Creek
Strong financials and record production support ambitious growth, with integration of new assets and a doubled exploration budget. Aggressive drilling at Mount Magnet and Dalgaranga targets significant resource expansion and a path to 500,000 ounces annually by FY2030.
Ramelius Resources Earnings Call Transcript: H2 2025
Record FY2025 results featured a 36% revenue increase, 81% EBITDA growth, and doubled net profit, driven by high gold prices and operational excellence. Major acquisitions and integration plans support a path to 500,000 oz annual production by 2030, with strong liquidity and increased shareholder returns.
Ramelius Resources Transcript: Diggers & Dealers Mining Forum 2025
A newly merged entity led by experienced executives is targeting 500,000 ounces of annual gold production by decade's end, leveraging strong cash flows, record FY 2025 output, and aggressive exploration. Integration of Dalgaranga and ongoing drilling at key assets underpin growth.
Ramelius Resources Earnings Call Transcript: Q4 2025
Record gold production and cash flow were achieved, with strong performance at Mount Magnet, Penny, and Cue. Spartan integration and major exploration spend set the stage for future growth, while FY 2026 guidance is deferred pending integration studies.
Ramelius Resources Transcript: Noosa Mining Investor Conference
Record gold production and sector-leading cash flow margins were achieved, with nearly $700 million in free cash flow this year. Integration of Spartan’s Dalgoranga assets is on track, and exploration spend is set to rise, supporting a 500,000 oz production target by FY30.
Ramelius Resources Earnings Call Transcript: Q3 2025
Record free cash flow and strong liquidity were achieved, driven by robust production at Mount Magnet and Cue, despite Edna May transitioning to care and maintenance. FY25 guidance was upgraded, exploration delivered high-grade results, and the Spartan combination is set to close soon.
Ramelius Resources Transcript: M&A Announcement
A recommended merger will create a leading Australian gold producer with a pro forma market cap of AUD 4.2 billion, combining complementary assets and skill sets. The deal offers significant synergies, cost savings, and a robust growth profile, targeting over 500,000 ounces of gold production per year by FY 2030.
Ramelius Resources Transcript: Status Update
Mount Magnet's updated mine plan extends mill life to 17 years with over 2 million oz gold production, driven by the Eridanus cutback and a major mill upgrade. CapEx rises significantly, but strong cash flow and robust exploration support long-term growth.
Ramelius Resources Earnings Call Transcript: H1 2025
Record first half results featured a 46% revenue increase and 313% NPAT growth, driven by high-grade ore and strong gold prices. A maiden interim dividend was declared, with robust cash flow and a positive outlook for FY '25 and FY '26.
Ramelius Resources Earnings Call Transcript: Q2 2025
Record free cash flow and gold production were achieved, driven by high grades at Cue and Penny, with costs falling below expectations. Over AUD 1 billion in liquidity supports ongoing project development, and FY 2025 guidance remains unchanged.
Ramelius Resources Transcript: Status Update
Rebecca-Roe PFS confirms robust economics with a projected after-tax NPV of AUD 332–600 million and IRR of 26%, targeting over 1 million ounces of gold production. Key milestones include DFS completion by July 2025, with first gold pour in July 2027 and strong cash flow expected from FY 30.
Ramelius Resources Transcript: AGM 2024
Record operational and financial results were achieved, with strong cash flow, a record dividend, and major investments in growth projects and sustainability. Shareholders engaged on emission targets and remuneration, and all AGM resolutions were put to poll for ASX announcement.
Ramelius Resources Earnings Call Transcript: Q1 2025
Quarterly free cash flow reached AUD 89.6 million, with strong liquidity and gold prices supporting robust margins despite higher costs from development activities. Production is set to rise in coming quarters as higher grade ore is processed, and major capital projects are on track.
Ramelius Resources Earnings Call Transcript: H2 2024
Record FY24 results with 22% higher gold production, 40% revenue growth, and a 166% surge in net profit. FY25 guidance anticipates similar production, strong cash flow, and a 150% higher dividend, supported by robust gold prices and low costs.
Ramelius Resources Earnings Call Transcript: Q4 2024
Record FY 2024 gold production and free cash flow were achieved, with strong operational performance and robust liquidity. FY 2025 guidance anticipates similar production and cost levels, with key growth from Mount Magnet and Cue, while Edna May transitions to care and maintenance.