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Jul 07 - 10:55 PM
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Gold - Australia's Ramelius Resources Falls After Reporting Lower Gold Production
By Sneha Kumar — Jul 07 - 08:38 PM
• Shares of Ramelius Resources fall as much as 3.7% to A$2.88, lowest level since July 2
• Gold miner posts annual production of 192,182 ounces, down from FY25 output of 301,664 ounces
• Says Q4 production was 53,466 ounces, compared with 73,454 ounces recorded last year
• Stock falls in line with gold sub-index , which is down 3.5%
• Stock down ~30% YTD
(Reporting by Sneha Kumar in Bengaluru)
Source:
London Stock Exchange Group | Thomson Reuters