Australia's Ramelius Resources rises on upgrading output forecast

By Reuters News

** Shares of Ramelius Resources RMS.AX rise 6.4% to A$3.805, on track to gain their most August 20 if trends hold

** Stock hits highest level since September 14

** Gold producer sees FY30 production to 560 - 610 koz, representing an 11% production increase from the previous forecast

** Revises up FY27 guidance to 205 – 225 koz from 200-220 koz

** Stock down 7.9% YTD, including moves in the current session

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