RAMELIUS RESOURCES LIMITED (RMS)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

RMS - RAMELIUS RESOURCES LIMITED

FNArena Sector : Gold & Silver
Year End: June
GICS Industry Group : Materials
Debt/EBITDA: 0.1
Index: ASX200 | ASX300 | ALL-ORDS

Ramelius Resources is a Western Australian gold producer. It currently operates four mines and associated processing plants. The company listed on the ASX in 2003.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$1.455

27 Sep
2023

-0.015

OPEN

$1.47

-1.02%

HIGH

$1.48

6,106,790

LOW

$1.45

TARGET
$1.78 22.3% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
A1M . ADT . ALK . AMI . AUT . BC8 . BEZ . BGL . CAI . CEL . CMM . CYL . DCN . DEG . EMR . EVN . EVR . FND . GMD . GOR . GPR . HGO . IGO . KCN . KGL . MAU . MGV . MZZ . NCM . NST . NVA . OBM . ORR . PDI . PNR . PRU . RED . RRL . RSG . SBM . SLR . SSR . STM . STN . SVL . TBR . TIE . TTM . WAF . WGX .
FNARENA'S MARKET CONSENSUS FORECASTS
RMS: 1
Title FY22
Actual		 FY23
Actual		 FY24
Forecast		 FY25
Forecast
EPS (cps) xxx 7.0 13.5 xxx
DPS (cps) xxx 2.0 3.1 xxx
EPS Growth xxx 100.0% 93.8% xxx
DPS Growth xxx 100.0% 55.0% xxx
PE Ratio xxx N/A 10.5 xxx
Dividend Yield xxx N/A 2.2% xxx
Div Pay Ratio(%) xxx 28.8% 23.0% xxx

Dividend yield today if purchased 3 years ago: 0.96%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 1.42

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 14/09 - ex-div 2c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2023 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx7.0
DPS All xxxxxxxxxxxxxxx2.0
Sales/Revenue xxxxxxxxxxxxxxx631.2 M
Book Value Per Share xxxxxxxxxxxxxxx94.9
Net Operating Cash Flow xxxxxxxxxxxxxxx259.9 M
Net Profit Margin xxxxxxxxxxxxxxx9.75 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx7.41 %
Return on Invested Capital xxxxxxxxxxxxxxx7.26 %
Return on Assets xxxxxxxxxxxxxxx5.69 %
Return on Equity xxxxxxxxxxxxxxx7.41 %
Return on Total Capital xxxxxxxxxxxxxxx12.27 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx84.8 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx18 M
Long Term Debt xxxxxxxxxxxxxxx10 M
Total Debt xxxxxxxxxxxxxxx28 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx251 M
Price To Book Value xxxxxxxxxxxxxxx1.33

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx189.4 M
Capex % of Sales xxxxxxxxxxxxxxx30.00 %
Cost of Goods Sold xxxxxxxxxxxxxxx517 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx8 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx3 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

3
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Ord Minnett

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Macquarie

29/08/2023

1

Outperform

$1.70

(08/09/2023)

16.84%

Ramelius Resources reported FY23 underlying earnings 7% ahead of Macquarie following an inventory movement. The 2c dividend was -1c below the broker's assumption.

The miner ended FY23 with $251m in cash and no bank debt. Operating cash flow and free cash flow were both ahead of Macquarie's estimates. FY24 guidance is unchanged.

Study work and development plans for the Rebecca Gold Project, which the broker does not yet ascribe a value to, could change the long-term outlook. Outperform and $1.60 target retained.

FORECAST
Macquarie forecasts a full year FY24 dividend of 2.00 cents and EPS of 11.40 cents.
Macquarie forecasts a full year FY25 dividend of 4.00 cents and EPS of 16.20 cents.

Shaw and Partners

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial
Access Stockbroker Research History >

RMS STOCK CHART

FNArena News on RMS

1
In Case You Missed It – BC Extra Upgrades & Downgrades – 22-09-23

Sep 22 2023 - Weekly Reports
2
Australian Broker Call *Extra* Edition – Sep 18, 2023

Sep 18 2023 - Daily Market Reports
3
FNArena Corporate Results Monitor – 29-08-2023

Aug 29 2023 - Australia
4
The Case For Australian Gold Miners

Jul 14 2023 - Commodities
5
Australian Broker Call *Extra* Edition – May 08, 2023

May 08 2023 - Daily Market Reports

Latest Gold & Silver News

1
Material Matters: Gold, Iron Ore & Met Coal

Sep 19 2023 - Commodities
2
Australian Gold Miners: Positive Signs

Aug 30 2023 - Technicals
3
Gold: Major Low Locked In

Jul 20 2023 - Technicals
4
The Case For Australian Gold Miners

Jul 14 2023 - Commodities
5
Capricorn Metals; New Gold Standard Rising

Jun 20 2023 - Small Caps
6
Gold: Blue Sky Ahead?

May 10 2023 - Technicals
7
Gold: Stick With It

Apr 20 2023 - Technicals
8
Evolution Mining Setbacks Polarise Views

Apr 12 2023 - Australia
9
Are Liquidity Concerns An issue For Evolution Mining?

Mar 30 2023 - Australia
10
Newcrest: Upside Sustainable

Mar 14 2023 - Technicals