Ramelius Resources Ltd traded at 4.34 this Friday February 6th, decreasing 0.10 or 2.25 percent since the previous trading session. Looking back, over the last four weeks, Ramelius Resources lost 1.88 percent. Over the last 12 months, its price rose by 65.65 percent. Looking ahead, we forecast Ramelius Resources Ltd to be priced at 4.62 by the end of this quarter and at 4.35 in one year, according to Trading Economics global macro models projections and analysts expectations.
Ramelius Resources Limited is an Australia-based mid-tier gold mining company. The Company owns and operates Edna May Gold Mine, Marda Gold Mine (North Yilgarn), Mt Magnet Gold Mine, Penny Gold Mine, Symes Gold Mine, Tampia Gold Mine (Narembeen). The Edna May deposit is located within the Westonia Greenstone Belt, within the Southern Cross Province of Western Australia’s Archaean Yilgarn Craton. The Mt Magnet gold project is located immediately adjacent to the town of Mt Magnet, 500 kilometers (km) north-east of Perth in the Murchison Goldfield of the Western Australian Yilgarn Craton. Its sub projects include Eridanus (Mt Magnet), Hill 60 (Mt Magnet), and Shannon (Mt Magnet). The Penny Gold Mine is located approximately 150km south-east of the Company’s Mt Magnet mining and processing operations and approximately 550km north-east of Perth in Western Australia. The Roe Gold Project is located between two operating gold mines 100km east of Kalgoorlie, Western Australia.