Emerald Resources NL ( (AU:EMR) ) has shared an announcement.
Emerald Resources NL announced its March 2025 quarterly production update, reporting that the Okvau Gold Mine in Cambodia produced 19,062 ounces of gold, aligning with updated guidance. Despite challenges such as accelerated earthworks and lower ore grades, the company expects production to trend towards the upper end of guidance for the rest of 2025. The company reported a pre-tax operating cash flow of A$66.1 million and has become debt-free following the final repayment of the US$60 million Okvau Debt Facility, positioning it strongly for future growth.
More about Emerald Resources NL
Emerald Resources NL is a company operating in the gold mining industry, focusing on gold production and exploration. The company has significant operations in Cambodia with the Okvau Gold Mine and exploration projects in Australia, including the Dingo Range Gold Project. Emerald Resources is committed to environmental and social governance, aiming for carbon-neutral operations in Cambodia.
YTD Price Performance: 5.85%
Average Trading Volume: 842
Technical Sentiment Signal: Sell
Current Market Cap: $1.43B
For a thorough assessment of EMR stock, go to TipRanks’ Stock Analysis page.