Sydney, Feb 23, 2026, 18:17 AEDT — The session wrapped up with markets closed.
- Ramelius (ASX:RMS) finished the session at A$4.88, up 8.2%.
- The latest filing put buybacks at over 1.2 million shares repurchased.
- The tape had more to chew on: a director sold shares, and a new investor deck landed.
Shares in Ramelius Resources jumped 8.2% to A$4.88 on Monday, buoyed by stronger gold prices and outperforming even as some sectors of the Australian market slipped. (Intelligent Investor)
Gold hit its highest level in three weeks after a U.S. Supreme Court tariff ruling sent the dollar lower and rattled investors, pushing them back into defensive assets. “The court’s tariff ruling has added another layer of uncertainty to global markets, with traders again turning to gold as a defensive play,” said Tim Waterer, chief market analyst at KCM Trade. Whether gold can get back above $5,400 soon, Waterer added, depends on how long the tariff uncertainty sticks around. (Reuters)
Australian gold miners mostly tracked bullion’s moves, despite softer risk appetite elsewhere. Evolution Mining and Greatland Resources posted gains too, as tariffs and geopolitics kept investors favoring gold, according to market notes from Global X ETFs strategist Marc Jocum. (News)
Ramelius kicked things off early, issuing a buyback update before midday. The company’s daily filing showed it bought back 1,235,503 shares on Feb. 20, shelling out A$5.56 million. The highest price per share hit A$4.60. Still left to go: 72,569,626 shares under the buyback ceiling. (Ramelius Resources)
Ramelius posted its latest investor presentation for BMO’s Global Metals, Mining & Critical Minerals Conference, where the miner mapped out a “growth pathway” targeting 500,000 ounces per year by fiscal 2030. The slide deck stuck to its FY26 outlook: 195,000 ounces with all-in sustaining costs (AISC) pegged at A$1,800 an ounce, a figure that includes both operating and sustaining expenses. (Ramelius Resources)
A fresh filing points to a minor insider sale. Non-executive director Fiona Jane Murdoch offloaded 74,200 shares at A$4.69 apiece in on-market deals on Feb. 23, according to the notice. She’s left holding 4,000 shares indirectly after the move. (Ramelius Resources)
The ASX is closed until Tuesday, leaving traders to see if bullion can hang on to Monday’s move higher—and if the tariff headlines keep steering cash into defensive pockets.
The trade flips quickly the other way, too. Gold loses steam or the dollar shows strength, and miners can drop just as fast. Share buybacks may also taper off if boards judge that valuations have shot past fundamentals.
Ramelius is set to go ex-dividend for its interim payout on March 16, and a quarterly report lands April 28. (Market Index)
