Australia's Ramelius Resources jumps on strong gold production

Ramelius Resources

08/07/2024 01:56

** Shares of Ramelius Resources  RMS.AX  rise as much as
3.7% to A$1.980, highest since June 21     
    ** Gold miner says it achieved full-year gold production of
293,033 ounces, at the upper end of its upgraded guidance of
285,000 – 295,000 ounces
    ** Adds it recorded quarterly gold production of 82,058oz
    ** Stock set for best day since June 21, if gains hold  
    ** Stock is set for its third straight day of gains, if
trend holds  
    ** RMS up 13.4% YTD as of last close

 (Reporting by Adwitiya Srivastava in Bengaluru)
 ((Adwitiya.Srivastava@thomsonreuters.com;))