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Ramelius Resources Limited (ASX:RMS)

ALERT: Price-sensitive ASX Announcement for RMS
Current share price for RMS : $3.980 -0.53 (-11.75%)+
Announcement
Release
20 Feb 2026 8:37AM
Price at Release
$4.510
Full Release
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Summary
Ramelius Resources Limited reported its financial results for the first half of FY26, highlighting an increase in EBITDA to A$369.7 million, marking a 35% rise from the previous year. The report notes a decrease in gold production to 101,000 ounces, down by 7% compared to H1 FY25, but the realized gold price increased to A$4,822 per ounce, a 36% hike. The acquisition of Spartan has significantly impacted the financials, with associated costs and a fair value adjustment leading to a statutory net loss. Notably, the All-in Sustaining Cost (AISC) rose to A$1,901 per ounce, representing a 38% increase. Ramelius continues to focus on growth projects, including the Mt Magnet processing plant upgrades, while exploration investment increased by 75%. The company maintains strong liquidity with cash and gold on hand totaling A$694.3 million.
Key Points
  • EBITDA increased by 35% to A$369.7 million.
  • Gold production decreased by 7% to 101,000 ounces.
  • Realized gold price rose by 36% to A$4,822 per ounce.
  • Acquisition of Spartan impacted financial results.
  • AISC increased by 38% to A$1,901 per ounce.
  • Continued focus on growth projects and exploration.
  • Strong liquidity with A$694.3 million in cash and gold.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.