BUZZ-Australia's Ramelius Resources rises to 1-week high; Macquarie lifts PT
Reuters04-04
** Shares of Ramelius Resources RMS.AX rise as much as 2.1% to A$2.47, their highest levels since March 28
** Macquarie lifts PT for the gold producer by 4% to A$2.60 on improved near-term earnings and maintains "outperform" recommendation
** Raises FY25 earnings per share estimate by 7%
** Co produced 80.5koz in 3QFY25, beating Macquarie and Visible Alpha estimates by 9% and 4%, respectively
** Average rating of five analysts "buy"; their median PT is A$2.60 – according to data compiled by LSEG
(Reporting by Sneha Kumar in Bengaluru)
((Sneha.kumar@thomsonreuters.com;))
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