CAPITAL MARKETS

Ramelius advances despite sliding sales

SHARES in Ramelius Resources have been trading more than 10% higher today despite the company recording a 31.9% year-on-year decline in gold sales in the September quarter.

Justin Niessner

Ramelius advances despite sliding sales

Quarterly gold sales came to $A28.8 million at average price of $1445 per ounce compared to $42.3 million at $1591/oz a year ago. Group production for the quarter was 18,538 fine ounces of gold, down...

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