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General Information

Ramelius Resources Limited

Current Price Data+

Current Price Open High Low Last Close Volume Price Movement
$0.11 $0.11 $0.12 $0.11 $0.11 848217 $0.00 ( 1.82% )
  • +Security prices are delayed by least 20 minutes and are indicative only.

Current Broker Consensus Recommendation

Strong Buy

Company Overview

Business Description
Ramelius Resources Limited (RMS) is a gold mining and production company with its primary production being focused at the Mt Magnet goldmine. RMS also holds a portfolio of other development projects in Australia and USA.
Strategy Analysis
Ramelius Resources strategy is to establish an early revenue stream from low risk and low cost advanced projects. This has seen it commence mining at the Wattle Dam gold project in Western Australia. RMS aims to focus on discovering high return, gold focused assets in proven mineral provinces. New discoveries and acquisitions will be the main driver of growth. The company hopes to increase exploration, whilst being funded from production. RMS' main focus is on the high grade, underground Wattle Dam project, which it believes has a 1Moz potential. The company is currently mining Wattle Dam as a small open put operation. . Ramelius Resources reported a net loss of $5.73m for the half-year ended 31 December 2012. Revenues from ordinary activities were $77.47m, up 68.25% from last year. Diluted EPS was (1.7) cents compared to 5.3 cents last year. Net operating cash flow was $30.73m compared to $23.67m last year. No dividend was declared.

Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2014 A -85.5 -23.7 0.0% 0.0 0.0 0.0% 0.0%
2013 A -7.5 -2.2 0.0% 0.0 0.0 0.0% 0.0%
2012 A 2.3 0.7 -96.5% 148.0 0.0 0.0% 0.0%

Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2012 A 2013 F 2014 F 2012 A 2013 F 2014 F 2012 A 2013 F 2014 F
Evolution Mining (EVN) $1,037M -0.2669 0.4973 0.6535 14.0457 9.3806 5.6732 1.79% 1.82% 2.27%
Newcrest Mining (NCM) $8,708M -0.0429 0.1228 0.5345 20.1561 17.9520 11.6993 0.00% 0.00% 0.00%
Northern Star Resources (NST) $1,251M 0.2151 1.9751 0.6157 26.1845 8.8013 5.4475 1.67% 2.59% 4.60%
OceanaGold (OGC) $847M 0.0000 -0.1759 -0.2986 6.3568 7.7136 10.9972 0.00% 0.93% 0.93%
Ramelius Resources (RMS) $52M 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.00% 0.00% 0.00%

Financial Summary

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.00 0.00 0.55 0.00
Market 0.89 16.40 1.32 1.33
Sector 0.67 11.40 0.67 0.30


Name Position Start Date
Mr Robert (Bob) Michael Kennedy Chairman 01/11/1995
Mr Mark William Zeptner Chief Operating Officer, Chief Executive Officer, Managing Director 01/07/2015
Mr Michael Andrew Bohm Non-Executive Director 29/11/2012
Mr Kevin James Lines Non-Executive Director 09/04/2008


Name Position
Domenico Antonio Francese Company Secretary,Chief Finance Officer
Mr K M Seymour General Manager - Exploration 7 Business Development
Mr M C Casey General Manager - Mt Magnet Gold Project
MrTJ Blyth General Manager - Mt Magnet Gold Project

Substantial Shareholders

Holding Name
46,253,605 (10.08%) Sprott Asset Management Inc

Calendar of Events

Date Event
26 July 2016 Report (Quarterly)
27 April 2016 Report (Quarterly)
19 February 2016 Report (Interim)
26 January 2016 Report (Quarterly)
16 October 2015 Report (Quarterly)
25 September 2015 Report (Annual)
27 August 2015 Report (Prelim)
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