Ramelius Resources lifts output forecast on higher production
Ramelius Resources revised up its FY27 production guidance to 205-225 koz from 200-220 koz and sees FY30 production at 560-610 koz, an 11% increase from its previous forecast. The company's shares rose 6.4% to A$3.805 on the news.
805, and were on track to post their biggest August 20 gain if the trend held. The stock touched its highest level since September 14. The gold producer said FY30 production would be 560 - 610 koz, an 11% increase from the previous forecast. It also lifted FY27 guidance to 205 — 225 koz from 200-220 koz.
9% year to date, including moves in the current session.