Ramelius Resources Limited

OTCPK:RMLR.F Stock Report

Market Cap: US$4.9b

Ramelius Resources Valuation

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

Valuation Score

5/6

Valuation Score 5/6

  • 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.

Below Fair Value: RMLR.F ($2.68) is trading below our estimate of fair value ($12.68)

Significantly Below Fair Value: RMLR.F is trading below fair value by more than 20%.

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 Ratio15.8x
EarningsAU$474.17m
Market CapAU$7.49b

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 Average26.4x
BVN Compañía de Minas BuenaventuraA
16.5x14.12%US$7.2b
CDE Coeur Mining
28.7x25.15%US$11.7b
DRD DRDGOLD
20.2xn/aUS$2.7b
RGLD Royal Gold
40x21.19%US$19.2b
RMLR.F Ramelius Resources
15.8x13.32%US$7.5b

Price-To-Earnings vs Peers: RMLR.F is good value based on its Price-To-Earnings Ratio (15.8x) compared to the peer average (26.4x).

Price to Earnings Ratio vs Industry

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

5 CompaniesPrice / EarningsEstimated GrowthMarket Cap
BMXI Brookmount Explorations
0.8xn/aUS$7.20m
RMRI Rocky Mountain Industrials
0.9xn/aUS$1.76m
MDSM.F Ten Sixty Four
0.06xn/aUS$455.60k
GROO Groovy Company
0.006xn/aUS$38.40k
RMLR.F 15.8xIndustry Avg. 25.4xNo. of Companies7PE01632486480+
5 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: RMLR.F is good value based on its Price-To-Earnings Ratio (15.8x) compared to the US Metals and Mining industry average (25.4x).

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 Ratio15.8x
Fair PE Ratio20x

Price-To-Earnings vs Fair Ratio: RMLR.F is good value based on its Price-To-Earnings Ratio (15.8x) compared to the estimated Fair Price-To-Earnings Ratio (20x).

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$2.68
US$3.02
+12.58%
13.43%US$3.85US$2.32n/a10
Dec ’26US$2.41
US$2.84
+17.66%
18.86%US$3.80US$1.70n/a10
Nov ’26US$2.28
US$2.76
+21.45%
18.38%US$3.80US$1.70n/a10
Oct ’26US$2.61
US$2.56
-1.83%
13.50%US$2.98US$1.79n/a9
Sep ’26US$2.11
US$2.09
-0.79%
12.22%US$2.50US$1.69n/a8
Aug ’26US$1.58
US$2.03
+28.36%
13.11%US$2.54US$1.67n/a8
Jul ’26US$1.65
US$2.14
+29.84%
9.33%US$2.56US$1.97n/a7
Jun ’26US$1.75
US$1.94
+10.74%
10.20%US$2.28US$1.67n/a7
May ’26US$1.65
US$1.92
+16.01%
10.17%US$2.27US$1.66n/a7
Apr ’26US$1.59
US$1.65
+4.08%
8.19%US$1.81US$1.47n/a5
Mar ’26US$1.71
US$1.67
-2.28%
23.35%US$2.03US$0.84n/a6
Feb ’26US$1.51
US$1.60
+6.52%
22.94%US$1.99US$0.82n/a6
Jan ’26US$1.26
US$1.59
+26.19%
23.12%US$2.03US$0.82n/a6
Dec ’25US$1.42
US$1.66
+16.74%
23.34%US$2.11US$0.86US$2.416
Nov ’25n/a
US$1.66
0%
23.38%US$2.13US$0.86US$2.286
Oct ’25US$1.47
US$1.50
+2.15%
24.25%US$1.88US$0.88US$2.617
Sep ’25US$1.43
US$1.50
+5.04%
24.14%US$1.90US$0.90US$2.117
Aug ’25US$1.25
US$1.42
+13.83%
24.36%US$1.83US$0.86US$1.587
Jul ’25n/a
US$1.38
0%
21.21%US$1.73US$0.88US$1.657
Jun ’25US$1.27
US$1.36
+7.35%
21.30%US$1.72US$0.87US$1.757
May ’25US$1.27
US$1.30
+2.35%
20.80%US$1.69US$0.86US$1.657
Apr ’25n/a
US$1.22
0%
17.67%US$1.48US$0.86US$1.597
Mar ’25n/a
US$1.18
0%
15.04%US$1.38US$0.87US$1.716
Feb ’25US$0.96
US$1.21
+25.69%
15.03%US$1.41US$0.87US$1.516
Jan ’25US$1.15
US$1.17
+1.92%
13.14%US$1.35US$0.89US$1.267
Dec ’24US$1.10
US$1.08
-2.05%
11.98%US$1.27US$0.84US$1.427
US$3.14
Fair Value
14.5% undervalued intrinsic discount
10
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/12/21 22:20
End of Day Share Price 2025/12/19 00:00
Earnings2025/06/30
Annual Earnings2025/06/30

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 18 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Dale KoendersBarrenjoey Markets Pty Limited
Richard KnightsBarrenjoey Markets Pty Limited
Stephen ThomasBell Potter