Ramelius Resources Likely Faces Higher Costs, But Cash Generation Key -- Market Talk

Dow Jones
04/07

0009 GMT - Ramelius Resources will likely have higher-than-expected all-in sustaining costs in its current fiscal year, not only due to rising fuel costs but also earlier-than-expected production at Dalgaranga, says Euroz Hartleys. "But really who cares--cash and gold generation is the only thing that matters," says the broker in a client note. "We believe that with an aggressive buy back program now underway, the company is trying to tell us something!" it adds. Euroz Hartleys reiterates a buy recommendation and A$6.21/share target. Shares are up 1.1% at A$3.72. (rhiannon.hoyle@wsj.com; @RhiannonHoyle)

 

(END) Dow Jones Newswires

April 06, 2026 20:09 ET (00:09 GMT)

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