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The latest update is out from Emerald Resources NL ( (AU:EMR) ).
Emerald Resources NL has issued 137,059 fully paid ordinary shares following the exercise of 150,000 unlisted options by employees. This move reflects the company’s ongoing commitment to its incentive plans and compliance with corporate regulations, potentially impacting its capital structure and shareholder value.
The most recent analyst rating on (AU:EMR) stock is a Buy with a A$5.50 price target. To see the full list of analyst forecasts on Emerald Resources NL stock, see the AU:EMR Stock Forecast page.
More about Emerald Resources NL
Emerald Resources NL is a company operating in the gold mining industry, with a focus on exploration and development of gold projects. The company has a significant presence in Cambodia with the Okvau Gold Mine and is expanding its resources in Australia with the Dingo Range Gold Project. Emerald is committed to environmental and social governance, aiming for carbon-neutral operations in Cambodia.
Average Trading Volume: 3,092,875
Technical Sentiment Signal: Buy
Current Market Cap: A$3.49B
For an in-depth examination of EMR stock, go to TipRanks’ Overview page.