The Ramelius Resources Ltd (ASX: RMS) share price is in focus after the gold miner reported FY26 revenue of $1,032.8 million, up 1% year on year, and a fully franked final dividend of 3 cents per share.
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What did Ramelius Resources report?
- Revenue: $1,032.8 million, up 1% from FY25
- Underlying EBITDA: $765.4 million, down 7%
- Net profit after tax (NPAT): $118.8 million, down 75%
- Dividends: 6.0 cents per share total for FY26 (3.0 cents interim, 3.0 cents final), both fully franked
- Gold produced: 192,182 ounces at an All-in Sustaining Cost (AISC) of A$1,983/oz
- Net tangible asset backing per share: $2.08, up 27%
What else do investors need to know?
Ramelius completed the acquisition of Spartan Resources Limited during the year, adding the high-grade Dalgaranga gold mine to its portfolio. The company's 2026 acquisition and plant integration program saw a $2.8 billion transaction, boosting resource and reserve estimates and expanding Dalgaranga's mine life.
During FY26, Ramelius also announced the sale of the Edna May hub for $300 million. A $250 million share buy-back program was launched, with $141.8 million of shares repurchased so far, benefitting existing shareholders. The company continues to run a Dividend Reinvestment Plan, giving eligible shareholders the option to reinvest dividends.
What's next for Ramelius Resources?
Ramelius expects to update its 4-Year Production Outlook and capital expenditure profile in the September quarter, following the award of the Mt Magnet mill upgrade contract. The company is targeting production of over 500,000 ounces per year by FY30, underpinned by further development of Dalgaranga, Rebecca-Roe, and exploration at existing projects.
With a robust cash and gold position of $649.6 million at year-end, Ramelius is well-placed to fund growth, continue capital returns, and adapt to market conditions. Management notes positive project economics at Rebecca-Roe and ongoing efforts to optimise the Mt Magnet-Dalgaranga integration.
Ramelius Resources share price snapshot
Over the past twelve months, the Ramelius Resources share price has outperformed the S&P/ASX 200 index (ASX: XJO) with a gain of 35%, lifted by robust gold prices and project milestones.
