BUY - Ramelius Resources Limited (RMS)
*** GENERAL AVICE ONLY***
Trade Date: 9/10/2023
Recommendation
Entry price: >1.65
Target Price: >2.00
Stop Loss: 1.38 (14% trailing)
Rationale
In light of the recent Hamas-Israel conflict, global markets are bracing for heightened volatility. Historically, during geopolitical tensions, gold has been a sought-after safe-haven asset. Investing in Ramelius Resources Limited, a reputable gold producer, offers a strategic hedge against such uncertainties.
Disclaimer: The recommendation given is general advice only. It does not take into account your personal objectives, financial situation, or specific needs. This information should not be your sole resource when making such decisions. We strongly recommend you to seek the advice of financial, taxation, and legal professionals before finalising any investment decisions.