Ramelius outlook lifted; higher costs offset, Macquarie says
Macquarie says Ramelius Resources’ better-than-expected medium-term production outlook offsets higher costs and near-term cash flow constraints, citing FY 2029-2030 forecasts up to 12% above consensus. The broker keeps a neutral rating.
Macquarie said Ramelius Resources' medium-term production outlook is better than expected, even as higher costs and near-term cash flow constraints remain. The broker said the gold miner's FY 2029-2030 production forecasts are up to 12% above consensus. 00 Australian doll…