Ord Minnett analyst Paul Kaner maintained a Buy rating on Ramelius Resources Limited today and set a price target of A$4.30. The company’s shares closed today at $2.74.
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Kaner covers the Basic Materials sector, focusing on stocks such as Sandfire Resources Limited, Northern Star Resources Ltd, and Alkane Resources Ltd. According to TipRanks, Kaner has an average return of 38.5% and a 72.25% success rate on recommended stocks.
Currently, the analyst consensus on Ramelius Resources Limited is a Moderate Buy with an average price target of $2.51, representing a -8.39% downside. In a report released on October 9, Morgans also upgraded the stock to a Buy with a A$5.00 price target.
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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