How to buy Ramelius Resources (RMS) shares in Australia
Learn how to easily invest in Ramelius Resources shares.
Ramelius Resources is a gold business based in Australia. Ramelius Resources shares (RMS) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Ramelius Resources has a trailing 12-month revenue of around $631.3 million. If you're looking to buy shares, check out the steps below.
How to buy shares in Ramelius Resources
- Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the ASX. Our table can help you choose.
- Open and fund your brokerage account. Complete an application with your personal and financial details, such as your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
- Search for Ramelius Resources. Find the share by name or ticker symbol: RMS. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Ramelius Resources reaches your desired price. Look into dollar-cost averaging to spread out your risk, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
- Check on your investment. Congratulations, you own a part of Ramelius Resources. Optimise your portfolio by tracking how your stock and the business performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that affect your stock.
What's in this guide?
- Ramelius Resources key stats
- Compare share trading platforms
- Is Ramelius Resources stock a buy or sell?
- Ramelius Resources performance over time
- Are Ramelius Resources shares over-valued?
- Ramelius Resources's financials
- How volatile are Ramelius Resources shares?
- Does Ramelius Resources pay a dividend?
- Have Ramelius Resources shares ever split?
- Other common questions
Ramelius Resources stock price (ASX:RMS)Use our graph to track the performance of RMS stocks over time.
Ramelius Resources shares at a glance
|52-week range||$0.8124 - $1.785|
|50-day moving average||$1.5883|
|200-day moving average||$1.3491|
|Dividend yield||$0.02 (1.27%)|
|Earnings per share (TTM)||$0.07|
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Is it a good time to buy Ramelius Resources stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Ramelius Resources price performance over time
|1 week (2023-11-21)||4.50%|
|1 month (2023-10-27)||-5.25%|
|3 months (2023-08-29)||24.52%|
|6 months (2023-05-29)||23.11%|
|1 year (2022-11-29)||86.78%|
|2 years (2021-11-29)||0.31%|
|3 years (2020-11-27)||-6.07%|
|5 years (2018-11-29)||322.08%|
Is Ramelius Resources under- or over-valued?
Valuing Ramelius Resources stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Ramelius Resources's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Ramelius Resources's P/E ratio
Ramelius Resources's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 23x. In other words, Ramelius Resources shares trade at around 23x recent earnings.
That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Ramelius Resources's EBITDA
Ramelius Resources's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $242.4 million (£0.0 million).
The EBITDA is a measure of a Ramelius Resources's overall financial performance and is widely used to measure a its profitability.
Ramelius Resources financials
|Revenue TTM||$631.3 million|
|Operating margin TTM||13.77%|
|Gross profit TTM||$136.4 million|
|Return on assets TTM||5.19%|
|Return on equity TTM||7.41%|
|Market capitalisation||$1.8 billion|
TTM: trailing 12 months
Ramelius Resources share dividends
Dividend payout ratio: 66.67% of net profits
Recently Ramelius Resources has paid out, on average, around 66.67% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.27% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Ramelius Resources shareholders could enjoy a 1.27% return on their shares, in the form of dividend payments. In Ramelius Resources's case, that would currently equate to about A$0.02 per share.
Ramelius Resources's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
The latest dividend was paid out to all shareholders who bought their shares by 14 September 2023 (the "ex-dividend date").
Have Ramelius Resources's shares ever split?
Ramelius Resources's shares were split on a 1.1199:1 basis on 5 January 2004. So if you had owned 1 share the day before the split, the next day you would own 1.1199 shares. This wouldn't directly have changed the overall worth of your Ramelius Resources shares – just the quantity. However, indirectly, the new 10.7% lower share price could have impacted the market appetite for Ramelius Resources shares which in turn could have impacted Ramelius Resources's share price.
Ramelius Resources share price volatility
Over the last 12 months, Ramelius Resources's shares have ranged in value from as little as $0.8124 up to $1.785. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Ramelius Resources's is 0.754. This would suggest that Ramelius Resources's shares are less volatile than average (for this exchange).
Ramelius Resources overview
Ramelius Resources Limited, together with its subsidiaries, engages in the exploration, mine development and operation, production, and sale of gold in Australia. It operates through three segments: Mt Magnet, Edna May, and Exploration. The company owns and operates the Mt Magnet, the Edna May, the Vivien, the Marda, the Tampia, the Rebecca, and the Penny gold mines located in Western Australia. It also develops Symes' Find prospect located in the Southern Cross Province of the Eastern Goldfields. The company was incorporated in 1979 and is headquartered in East Perth, Australia.
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Ramelius Resources in the news
Ramelius Resources Limited's (ASX:RMS) CEO Might Not Expect Shareholders To Be So Generous This Year
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