Articles On Ramelius Resources (ASX:RMS)

Summary The ASX 200 ends 27.20 points or 0.37% lower at 7,359. Seven out of 11 sectors ended in red, while telecom and energy emerging as the worst performer. The market sentiment was dented as US Federal Reserve indicated a rate hike...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) has run out of steam and is trading lower. At the time of writing, the benchmark index is down 0.25% to 7,368.8 points. Four ASX shares that are falling more than most today are list...

2021 has been a challenging year for ASX gold shares with prices in the precious metal struggling to gain traction. In contrast to the S&P/ASX 200 Index (ASX: XJO) sitting near record highs with a year-to-date return of about 10%, mos...

Summary The ASX 200 traded lower by 35.20 points or 0.48% at 7,351, weighed down by sharp selling in materials and energy stocks. The market sentiment was dampened by report that the US Fed may announce sooner-than-expected rise in int...

Summary The ASX 200 opened in the negative zone on Thursday after the US Federal Reserve projected sooner-than-expected rise in rates. By 10:30 AM (AEST), the ASX 200 was trading 0.55% higher, at 7,345.40. The Dow Jones fell 0.8%, the...

Ramelius Resources Ltd (ASX: RMS) shares are on the slide this morning despite the company commencing gold mining at its Tampia mine. At the time of writing, the Ramelius share price is trading 5.85% lower at $1.69. First ore mined at Tamp...

Summary The ASX 200 breached 7,400 level for the first time to hit a fresh high of 7,406.20. The index closed 6.70 points higher at 7,386.20 ahead of the US Fed meeting scheduled tonight. The widely anticipated US Fed policy statement...

Summary The ASX 200 sets a new record by crossing 7,400 level for the first time. The benchmark trades higher by 23.50 points or 0.32% at 7,403 by afternoon. Nine of the 11 sectors are trading higher, with energy gaining the most, ris...

Summary The ASX 200 was trading higher at 7,387.50, up 75.20 points or 1.03% by Tuesday afternoon. The index headed towards 7,400, led by a strong rally in healthcare, tech, financial and consumer staples stocks. Healthcare firm ResMe...

Gold is re-starting its bull rally as two major obstacles — higher US Treasury yields and Bitcoin — fizzle. “Strong headwinds from parabolic Bitcoin and rising bond yields appear to have run their course,” Bloomberg Intelligence senior comm...

Summary The ASX 200 hit a new all-time high of 7300.5 in intraday trade on Friday, breaching Thursday’s intraday high of 7,281.8. The index closed higher for the third session, adding 35.30 points or 0.49% at 7,295.40. Bitcoin, Ether...

Gold’s rally ran out of puff this week, with the precious metal dropping about 2% below ~$1US1,870/oz at Thursday close. Kitco’s Jim Wyckoff calls it “routine profit taking”. “Importantly, the price uptrend in gold on the daily chart remain...

Summary The S&P/ASX200 is trading 5.20 points higher to 7265.30 by the afternoon. The index scaled a new intra-day high of 7282.3, before easing back. Healthcare, Industrials and Consumer Staples stocks gained over 1% each. ...

The S&P/ASX 200 Index (ASX: XJO) has slipped 0.1% from record all-time highs on Friday. This follows a weak overnight performance on Wall Street with all three indices, the Nasdaq Composite (NASDAQ: .IXIC), S&P 500 Index (SP: .INX)...

It’s the start of another month. Brokers have picked out a couple of ASX shares that could be really good opportunities to think about in June 2021. But it’s not just one broker that likes the below businesses. There are actually a number...

Over the past two months the gold price has turned a corner, up ~12.7% to a high of $US1898/oz. That’s a four month high, erasing almost all of 2021’s losses. The share prices of local gold stocks have responded in kind. Over the past month...

Aldoro Resources Limited (ASX:ARN) is proposing a non-standard partial spin out and initial public offering (IPO) of its wholly owned subsidiary Aurum that will assist in creating both a focused battery metals group and a separate entity th...

Summary The ASX 200 trades higher by 15.20 points or 0.22% to 7045.50 at the close, led by gains in heavyweight healthcare and energy stocks. Retail player Kogan.Com and gold miner Silver Lake Resources are top performing stocks on the...

Resources sector including Spot Gold, Perseus Mining (PRU), Ramelius Resources (RMS), Northern Star (NST), and Gold Road Resources (GOR).

Are large Bitcoin investors moving back into precious metals? In a note to clients, JPMorgan said large institutional investors are dumping bitcoin in favour of gold, reversing a trend that’s played out over the last two quarters. “The bitc...

US stocks were a little down last night. However, the Aussie futures contract — the SPI 200 — managed to eke out an 11-point gain and close green. The action is elsewhere currently…and right where we thought it would be. Let?s get on with t...

ASX 200 gold shares have struggled to outperform the market this year after an astonishing run in 2020. Gold staged a rally into record territory between May 2019 and August 2020, where prices surged from US$1,300 to above US$2,050.  More...

The recovery in the gold price from its early March lows — ~$1,670s to over $1,825 currently — was mostly driven by the decline in real interest rates and, more recently a poor US jobs report and increasing inflation. US core inflation in A...

The Australian stock market marginally rose on Friday with S&P/ ASX200 gaining 0.27% to 7080.80 towards the end of the day, led by the travel stocks Webjet Limited (ASX:WEB) and Flight Centre Travel Group Limited (ASX:FLT) up 7.87% and...

The benchmark index ASX 200 continues its upwards trajectory at the close, after the Reserve Bank of Australia (RBA) upgraded GDP growth forecast and committed to remain “highly accommodative” until 2024. The benchmark is up 21.5 points or...

Summary The ASX 200 traded higher on Friday, supported by gains made by mining stocks amid rising commodity prices. Gold stocks led the index rise, but tech and healthcare stocks capped the gains. Appen Ltd, Silver Lake Resources and...

Summary Treasury Secretary Janet Yellen’s statement on a possible rise in inflation was not well received by the financial market on Tuesday. Later, Yellen clarified that she is not trying to influence the Federal Reserve’s decision, a...

Summary After a gap of more than a year, the S&P/ASX 200 Index reclaimed 7,100 points on Wednesday, its highest level since the COVID-19 pandemic-led sell-off triggered in February and March last year. Six of 11 sectors were tradin...

Westar has a portfolio of Western Australia assets, including the Sandstone Projects, Gidgee South and Gidgee North, Mt Magnet Projects, Winjangoo and Coolaloo as well as the Pilbara Project and Opaline Well with The Southern Cross projects...

Summary Australian tech player Future First Technologies has won a multi-year contract with Ventia. This initial contract is for the supply of the Asset Vision platform in some of the road maintenance contracts of Ventia. With this si...

The market is trading near day’s high at the close, after the Reserve Bank of Australia’s (RBA) maintained status quo in its latest policy announcement and upgraded the country’s GDP growth estimates. The benchmark index ASX 200 was up 35.5...

Summary The Australian market traded on a positive note on Tuesday, led by gains in miners. The gold miners were the top gainers in the intra-day trade. Over the last five days, the ASX 200 has gained 0.34% and was currently 0.55% off...

The Australian share market continued to trade in positive on Tuesday afternoon, owing to favourable global cues, with the benchmark index ASX 200 adding 21.9 points or 0.31% to trade at 7,050. Seven of 11 sectors were trading in green, wh...

The ASX today welcomed another mining services IPO in Kalgoorlie-based company MLG (ASX:MLG). MLG is a provider of integrated logistics supply chain services to the resources sector as well as civil infrastructure industries. These include...

The capital raisings boom on the ASX is continuing in 2021 with nearly $10 billion raised in the first four months of the year. Across 325 deals, ASX companies have raised $9.878 billion in capital amidst IPOs, placements and rights issues....

“When you stop growing you start dying,” is a saying the ASX’s largest gold miners have apparently taken to heart. While hopefully remaining cognisant of the expensive, value-destroying deals which occurred when gold last peaked in the 2010...

The market traded in the positive zone today. By the closing bell, the benchmark index ASX 200 had added 17 points to settle at 7081.70, 0.24% higher over the previous day’s close. However, the market did attempt to move higher and hit 7097...

Summary The Australian stock market traded higher on Thursday, buoyed by energy and gold stocks. However, gains were capped by weak earnings from supermarket giant Woolworths. By 1:05 PM (AEDT), the ASX 200 traded higher by 27.90 poin...

World Overnight SPI Overnight (Jun) 7059.00 + 18.00 0.26% S&P ASX 200 7064.70 + 30.90 0.44% S&P500 4183.18 – 3.54 – 0.08% Nasdaq Comp 14051.03 – 39.19 – 0.28% DJIA 33820.38 – 164.55 – 0.48% S&P500 VIX 17.28 – 0.28...

Summary The ASX 200 Futures is indicating a higher opening by 0.25% or 17 points. On Wall Street, the Dow Jones fell 0.48%, to 33,820.38 while the S&P 500 lost 0.08%, to 4,183.18. Oil prices rose more than 1% after US distillate i...

Summary Ramelius Resources shares closed 9.2% lower at AU$1.625 after the gold production company released quarterly activity report. The company produced 66,029 ounces of gold during the March quarter, in line with its projected guid...

The S&P/ASX 200 Index (ASX: XJO) rose by 0.9% today to 7,065 points. Here are some of the highlights from the ASX today: Kogan.com Ltd (ASX: KGN) The e-commerce business answered an ASX query document asking for clarification about t...

The S&P/ASX 200 Index (ASX: XJO) is back on form on Wednesday. In afternoon trade, the benchmark index is up a sizeable 0.45% to 7,064.9 points. Four ASX shares that have failed to follow the market higher today are listed below. Here’...

After a deep red Wednesday, today the market is up by 12.30 points. 7 out of 11 sectors traded higher, with A-REIT being the top performer. Energy remained the worst performer by noon, followed by utilities and others. Northern Star Resourc...

Summary The ASX 200 is trading 0.46% up, at 7030.5 (as of 10:20 AM AEST). Investors’ confidence has also brought down the fear index in today’s session. The ASX 200 VIX index is down by 4.1% to 12.3. Deterra Royalties is topping the l...

Source:Peshkova, Shutterstock Summary ASX 200 is trading up by 0.16% to 7074.7 (as at 10:29 AM AEDT). During the early trading session, all broader market indices such as ASX 20, ASX 50 and ASX 100 are trading in the positive territor...

The gold price traditionally thrives on geopolitical drama. Heightened tensions in eastern Ukraine, the recent incident at an Iranian nuclear site, and news of an unofficial US delegation visiting Taiwan are recent reminders that 2021 will...

Uranium turned copper-gold explorer Zeus Resources is Friday’s market leader Gold explorer Twenty Seven gains on gold in soil anomalies at Yarbu project Queensland Pacific Metals is successful in producing battery-grade nickel sulphate  ...

Source: Jirapong Manustrong, Shutterstock The ASX 200 is trading in the positive territory today. The benchmark lost some points in the first 15 minutes post market open. However, post the initial blip the market has steadily moved up. By...

Source:Myimagine, Shutterstock Summary The ASX 200 on Wednesday opened marginally higher, up just 6.80 points to 6983.70. Buoyed by tech stocks, US stocks Tuesday closed at record highs, even as bond yields softened after the US...