Ramelius Stock Faces Post-Holiday Pressure After Gold Slide
Ramelius Resources shares closed at A$3.05 Friday, down 3.17%, as gold prices fell 4.3% for the week. Deputy Chair Simon Lawson resigned June 5, days before the ASX shut for King’s Birthday on Monday. Trading resumes Tuesday. Ramelius is targeting over 500,000 ounces in annual gold output by 2030.