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An announcement from Emerald Resources NL ( (AU:EMR) ) is now available.
Emerald Resources NL announced a significant increase in gold resources at its Memot and Dingo Range Gold Projects, with a combined growth of 670,000 ounces, representing a 30% and 35% increase respectively. The company is advancing feasibility studies and permitting activities to support the development of these projects, aiming to become a multi-mine gold producer with over 300,000 ounces of production annually.
The most recent analyst rating on (AU:EMR) stock is a Buy with a A$4.50 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 in the gold mining industry, focusing on the exploration, development, and production of gold. The company operates significant projects in Cambodia and Australia, with a strong emphasis on expanding its resource base and achieving sustainable operations.
Average Trading Volume: 2,591,954
Technical Sentiment Signal: Buy
Current Market Cap: A$2.47B
Find detailed analytics on EMR stock on TipRanks’ Stock Analysis page.