Ramelius Resources Limited

OTCPK:RMLR.F Stock Report

Market Cap: US$1.9b

Ramelius Resources Valuation

Is RMLR.F undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of RMLR.F when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
US$0.14
Fair Value
950.8% overvalued intrinsic discount
6
Number of Analysts

Below Fair Value: RMLR.F ($1.49) is trading above our estimate of fair value ($0.14)

Significantly Below Fair Value: RMLR.F is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for RMLR.F?

Key metric: As RMLR.F is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for RMLR.F. This is calculated by dividing RMLR.F's market cap by their current earnings.
What is RMLR.F's PE Ratio?
PE Ratio13.9x
EarningsAU$216.58m
Market CapAU$3.01b

Price to Earnings Ratio vs Peers

How does RMLR.F's PE Ratio compare to its peers?

The above table shows the PE ratio for RMLR.F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average13.1x
BVN Compañía de Minas BuenaventuraA
9.3x0.7%US$3.4b
DRD DRDGOLD
9.7xn/aUS$889.1m
MUX McEwen Mining
3.9x-67.7%US$391.7m
RGLD Royal Gold
29.5x8.5%US$9.7b
RMLR.F Ramelius Resources
13.9x-6.6%US$3.0b

Price-To-Earnings vs Peers: RMLR.F is expensive based on its Price-To-Earnings Ratio (13.9x) compared to the peer average (13.1x).

Price to Earnings Ratio vs Industry

How does RMLR.F's PE Ratio compare vs other companies in the US Metals and Mining Industry?

6 CompaniesPrice / EarningsEstimated GrowthMarket Cap
VITF.F Victoria Gold
2.1xn/aUS$23.43m
BMXI Brookmount Explorations
0.8xn/aUS$7.35m
RMRI Rocky Mountain Industrials
0.9xn/aUS$1.76m
ZCRM.F Zincore Metals
0.5xn/aUS$852.33k
RMLR.F 13.9xIndustry Avg. 21.8xNo. of Companies7PE01224364860+
6 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: RMLR.F is good value based on its Price-To-Earnings Ratio (13.9x) compared to the US Metals and Mining industry average (21.6x).

Price to Earnings Ratio vs Fair Ratio

What is RMLR.F's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

RMLR.F PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio13.9x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate RMLR.F's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst RMLR.F forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$1.49
US$1.60
+7.6%
22.9%US$1.99US$0.82n/a6
Feb ’26US$1.51
US$1.60
+6.5%
22.9%US$1.99US$0.82n/a6
Jan ’26US$1.26
US$1.62
+28.8%
23.1%US$2.07US$0.84n/a6
Dec ’25US$1.42
US$1.66
+16.7%
23.3%US$2.11US$0.86n/a6
Nov ’25n/a
US$1.66
0%
23.4%US$2.13US$0.86n/a6
Oct ’25US$1.47
US$1.50
+2.1%
24.2%US$1.88US$0.88n/a7
Sep ’25US$1.43
US$1.50
+5.0%
24.1%US$1.90US$0.90n/a7
Aug ’25US$1.25
US$1.42
+13.8%
24.4%US$1.83US$0.86n/a7
Jul ’25n/a
US$1.38
0%
21.2%US$1.73US$0.88n/a7
Jun ’25US$1.27
US$1.36
+7.4%
21.3%US$1.72US$0.87n/a7
May ’25US$1.27
US$1.30
+2.4%
20.8%US$1.69US$0.86n/a7
Apr ’25n/a
US$1.22
0%
17.7%US$1.48US$0.86n/a7
Mar ’25n/a
US$1.18
0%
15.0%US$1.38US$0.87n/a6
Feb ’25US$0.96
US$1.21
+25.7%
15.0%US$1.41US$0.87US$1.516
Jan ’25US$1.15
US$1.17
+1.9%
13.1%US$1.35US$0.89US$1.267
Dec ’24US$1.10
US$1.08
-2.1%
12.0%US$1.27US$0.84US$1.427
Nov ’24US$1.08
US$1.08
-0.2%
12.0%US$1.27US$0.84n/a7
Oct ’24n/a
US$1.06
0%
10.6%US$1.26US$0.85US$1.477
Sep ’24US$0.90
US$1.04
+14.7%
9.1%US$1.17US$0.86US$1.437
Aug ’24US$0.84
US$1.04
+23.2%
10.8%US$1.16US$0.86US$1.257
Jul ’24US$0.86
US$1.02
+17.9%
12.4%US$1.20US$0.80n/a7
Jun ’24US$0.85
US$0.98
+15.2%
12.3%US$1.18US$0.79US$1.277
May ’24US$0.90
US$0.98
+9.0%
13.1%US$1.19US$0.80US$1.276
Apr ’24US$0.81
US$0.90
+10.2%
9.9%US$1.01US$0.74n/a7
Mar ’24US$0.64
US$0.90
+40.1%
10.6%US$1.03US$0.75n/a7
Feb ’24US$0.74
US$0.93
+26.5%
10.6%US$1.07US$0.78US$0.967
Analyst Price Target
Consensus Narrative from 6 Analysts
US$1.47
Fair Value
1.4% overvalued intrinsic discount
6
Number of Analysts

Analyst Forecast: Target price is lower than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/18 20:48
End of Day Share Price 2025/02/18 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Ramelius Resources Limited is covered by 12 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Stephen ThomasBell Potter
Tim McCormackCanaccord Genuity
Andrew BowlerMacquarie Research