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)
Copyright (c) 2026 Dow Jones & Company, Inc.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.