Buyers pushing this goldie up on positive news flow

Potential Buy Entry Alert RMS

Time Frame : Daily

Sector : Materials/Gold

Key Stats : $310.94 Million Market Cap, VWAP 0.585, ASX Ranking 448, PE Ration 16.6.

Company Overview : Ramelius Resources Limited (RMS) is a gold mining and production company with its primary production being focused at the Mt Magnet goldmine. RMS also holds a portfolio of other development projects in Australia and USA.

 

RMS – Ramelius Resources Limited

RMS is on the move higher after recent positive news flow of increased reserves thanks to records production. We see the news flow being supportive of higher prices so are now watching for buyers to build a higher low for the entry setup.

 

Stock Code : RMS – Ramelius Resources Limited

Company Website : www.rameliusresources.com.au

Current Price : 0.585

Status : On watch for higher low and buy entry setup to build