Australia's Ramelius Resources hits record high after bumper profit

Ramelius Resources

21/02/2025 01:08

** Shares of Ramelius Resources  RMS.AX  rise as much as
2.7% to an all-time high of A$2.7
    ** The gold miner records half-year underlying net profit
after tax of A$170.4 million ($109 million), a 313% increase y/y
    ** Co has achieved record gold production of 147,775 ounces
    ** Shares have gained 30.2%, YTD

    ($1 = 1.5632 Australian dollars)

 (Reporting by Nichiket Sunil in Bengaluru)
 ((Nichiket.Sunil@thomsonreuters.com;))