Ramelius Resources reports $765M EBITDA on profit drop
- Ramelius Resources posted an underlying EBITDA of $765.4 million for the 2026 financial year alongside a net profit after tax of $319.9 million.
- Following the financial report release, the company share price was up at $3.95.
- The firm aims to expand future margins through increased production capacity at its Mt Magnet hub and Dalgaranga operations.
Ramelius Resources (ASX:RMS) reported an underlying EBITDA of $765.4 million for the 2026 financial year alongside an underlying net profit after tax of $319.9 million.
The underlying EBITDA dropped 7% from $825.9 million in the prior-year period, while net profit fell 33% from $479.1 million.
Total cash and bullion fell 20% to $649.6 million from $809.7 million as of June 2025.
" The financial performance benefited from a strong A$ gold price, with our exposure increasing through the reduction in our hedge book commitments. This exposure will further increase in the coming year with the benefit of no gold forward contracts in place," said Ramelius Managing Director Mark Zeptner.
The company declared a fully franked final dividend of 3 cents per share, bringing the total payout for the financial year to 6 cents per share.
The company stated that it expects profit margins to expand further over time as mine production ramps up at Dalgaranga and Mt Magnet.
Following the announcement, the Ramelius Resources (ASX: RMS) share price was up at $3.95.
The business continues to operate a portfolio of gold assets in Western Australia with a focus on high-grade and low-cost ounces.
The firm completed previous strategic portfolio adjustments, including the divestment of non-core assets and ongoing investments in regional exploration.
