Insider Buying: Ramelius Resources Limited (ASX:RMS) Insider Acquires 23,020 Shares of Stock

Ramelius Resources Limited (ASX:RMS) insider Robert (Bob) Vassie bought 23,020 shares of the stock in a transaction on Wednesday, March 19th. The stock was purchased at an average cost of A$2.17 ($1.36) per share, with a total value of A$49,953.40 ($31,417.23).

Ramelius Resources Stock Performance

The firm has a market capitalization of $3.01 billion, a PE ratio of 14.15, a price-to-earnings-growth ratio of -0.69 and a beta of 1.06. The company has a quick ratio of 1.23, a current ratio of 3.45 and a debt-to-equity ratio of 0.79.

Ramelius Resources Announces Dividend

The firm also recently announced a Interim dividend, which will be paid on Wednesday, April 16th. Investors of record on Wednesday, April 16th will be given a dividend of $0.03 per share. The ex-dividend date is Sunday, March 16th. This represents a yield of 1.09%. Ramelius Resources’s dividend payout ratio (DPR) is presently 26.32%.

Ramelius Resources Company Profile

Ramelius Resources Limited, together with its subsidiaries, engages in the exploration, mine development and operation, production, and sale of gold in Australia. It operates through three segments: Mt Magnet, Edna May, and Exploration. The company owns and operates the Mt Magnet, the Edna May, the Vivien, the Marda, the Tampia, the Rebecca, and the Penny gold mines located in Western Australia.