In a report released today, Alex Barkley from RBC Capital downgraded Ramelius Resources Limited to a Sell, with a price target of A$2.80. The company’s shares closed last Friday at $2.68.
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According to TipRanks, Barkley is a 4-star analyst with an average return of 12.0% and a 58.49% success rate. Barkley covers the Basic Materials sector, focusing on stocks such as Westgold Resources, Vault Minerals Limited, and Ramelius Resources Limited.
Currently, the analyst consensus on Ramelius Resources Limited is a Moderate Buy with an average price target of $2.56.
RMLRF market cap is currently $4.78B and has a P/E ratio of 10.05.
Read More on RMLRF:
Disclaimer & DisclosureReport an Issue
- Ramelius Resources Director Increases Stake Through Dividend Reinvestment
- Director Increases Stake in Ramelius Resources Through Dividend Reinvestment
- Ramelius Resources Announces New Securities Quotation
- Ramelius Resources Issues New Securities Under Employee Incentive Scheme
- Ramelius Resources Announces Quotation of New Securities
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