Insider Buying: Ramelius Resources Limited (ASX:RMS) Insider Acquires A$49,953.40 in Stock

Ramelius Resources Limited (ASX:RMS) insider Robert (Bob) Vassie purchased 23,020 shares of the company’s stock in a transaction on Wednesday, March 19th. The shares were 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 stock has a market cap of $3.01 billion, a P/E ratio of 14.15, a PEG ratio of -0.69 and a beta of 1.06. The company has a debt-to-equity ratio of 0.79, a current ratio of 3.45 and a quick ratio of 1.23.

Ramelius Resources Announces Dividend

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

About Ramelius Resources

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.