Gold miner Ramelius Resources [ASX:] has abandoned its takeover bid for multi-asset Canadian miner Karora after the two failed to reach an agreement on value.
Search Results for: Ramelius Resources
Ramelius Resources Share Price on the Rise on Dividend Announcement
The share price of gold producer Ramelius Resources Ltd [ASX:RMS] is on the rise today on the back of an increase in profit and its dividend. The RMS share price has, like many other gold stocks, tracked the gold price closely over the past months. However, its strong financial performance has seen the two diverge […]
Why Small-Cap Resources Stocks are the Best Contrarian Buys Now
It’s been almost three years since mining explorers, the exception being those looking for lithium and rare earth elements (REE), enjoyed a major rally. The massive liquidity glut from government stimulus has stopped and is now drying up quickly, causing investors to rush to safety in the US dollar and dividend paying stocks. With the rising price of crude oil, this has created the most challenging market for small-cap resources speculators in several decades. Many faithful investors have considered throwing in the towel, which may be the signal to show that this market is near the bottom. If that is indeed the case, perhaps you’re seeing the best buying opportunity in decades. Read on to find out more…
Gold Updates Abound for Perseus [ASX:PRU], Ramelius [ASX:RMS] and Red 5 [ASX:RED]
Established gold miners, Perseus, Ramelius and Red 5 each had differing updates for the ASX this morning, resulting in an equally varied display of share price movements with Red coming out on top.
Alkane Resources [ASX:ALK] Grabs Extra Tenements in NSW
Gold miner Alkane has broadened its portfolio with an extra two projects it has taken from Sandfire, in exchange for $1.9 million worth of its shares.
What’s With the Firefly Resources Share Price?
The share price of small-cap gold explorer Firefly Resources Ltd [ASX:FFR] has soared over the past couple of days, though there has been no news to note from the company. The last significant update we received from FFR was at the beginning of the month when it announced a successful capital raise of $6 million […]