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Emerald Resources NL (AU:EMR)
ASX:EMR

Emerald Resources NL (EMR) AI Stock Analysis

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AU

Emerald Resources NL

(Sydney:EMR)

Rating:67Neutral
Price Target:
AU$4.50
▲(15.68%Upside)
Emerald Resources NL's overall stock score is driven primarily by its strong financial performance, characterized by solid revenue growth and effective cash management. Technical analysis suggests a bearish trend, which may concern short-term traders. Valuation is reasonable, though the lack of a dividend yield may deter some investors. The absence of earnings call details and corporate events means these factors do not influence the score.

Emerald Resources NL (EMR) vs. iShares MSCI Australia ETF (EWA)

Emerald Resources NL Business Overview & Revenue Model

Company DescriptionEmerald Resources NL engages in the exploration and development of mineral reserves in Cambodia and Australia. The company's exploration tenements include a combination of 100% owned granted licenses, applications, and earn-in and joint venture agreements covering a combined area of 1,239 square kilometers. Its principal property is the Okvau Gold project located in the city of Phnom Penh, province of Mondulkiri. The company was formerly known as Emerald Oil & Gas NL and changed its name to Emerald Resources NL in December 2014. The company was incorporated in 1969 and is headquartered in West Perth, Australia.
How the Company Makes MoneyEmerald Resources NL makes money primarily through the exploration, development, and production of gold. The company's revenue model centers on extracting gold from its mining projects, predominantly the Okvau Gold Project, and selling it on commodity markets. Revenue is generated from the sale of gold bullion, which is priced based on global gold market prices. Additionally, EMR may engage in strategic partnerships or joint ventures to enhance its mining capabilities and expand its resource portfolio, contributing to its earnings. The company also invests in exploration activities to increase its reserves and ensure long-term profitability.

Emerald Resources NL Financial Statement Overview

Summary
Emerald Resources NL has shown excellent financial performance with strong revenue growth, solid profitability, efficient operational performance, a healthy balance sheet, and robust cash flow generation. This positions the company well for continued growth and stability.
Income Statement
85
Very Positive
Emerald Resources NL has shown strong revenue growth, with a 23% increase from 2023 to 2024. The company's gross profit margin stands at 44.1%, indicating solid profitability in its core operations. The net profit margin improved to 22%, showcasing effective cost management. The EBIT and EBITDA margins are also robust at 42.1% and 48.3%, respectively, reflecting efficient operational performance.
Balance Sheet
80
Positive
The balance sheet shows a healthy equity ratio of 78.3%, indicating a strong reliance on equity financing. The debt-to-equity ratio is relatively low at 0.09, suggesting manageable leverage levels. Return on equity is impressive at 14.5%, reflecting good utilization of shareholder funds. The company maintains a strong liquidity position with a significant increase in cash and cash equivalents.
Cash Flow
88
Very Positive
Emerald Resources NL has demonstrated significant growth in free cash flow, which increased by 106% from the previous year. The operating cash flow to net income ratio is 1.49, indicating strong cash generation relative to net profit. The company has effectively managed capital expenditures, contributing to a high free cash flow to net income ratio of 1.42, highlighting efficient cash management.
BreakdownTTMJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income Statement
Total Revenue434.35M366.04M297.67M206.47M24.00K240.00K
Gross Profit256.19M240.41M115.02M94.95M-69.00K182.00K
EBITDA216.82M176.79M134.84M110.90M-16.56M-10.83M
Net Income97.06M80.70M59.36M45.37M-16.70M-11.47M
Balance Sheet
Total Assets787.56M712.42M495.23M442.80M250.11M210.61M
Cash, Cash Equivalents and Short-Term Investments217.48M144.60M71.47M43.24M22.96M136.37M
Total Debt43.50M48.77M79.91M94.20M93.37M49.87M
Total Liabilities152.05M154.45M171.25M193.68M145.04M92.44M
Stockholders Equity635.51M557.97M320.12M244.64M105.07M118.17M
Cash Flow
Free Cash Flow185.75M114.69M55.64M15.04M-102.05M-38.68M
Operating Cash Flow192.16M120.58M64.25M62.48M-9.52M-8.62M
Investing Cash Flow-18.81M-10.09M-15.06M-26.78M-92.49M-30.06M
Financing Cash Flow-86.82M-74.83M-24.71M-17.98M282.00K164.62M

Emerald Resources NL Technical Analysis

Technical Analysis Sentiment
Negative
Last Price3.89
Price Trends
50DMA
4.40
Negative
100DMA
4.21
Negative
200DMA
3.99
Negative
Market Momentum
MACD
-0.08
Positive
RSI
31.85
Neutral
STOCH
2.47
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:EMR, the sentiment is Negative. The current price of 3.89 is below the 20-day moving average (MA) of 4.55, below the 50-day MA of 4.40, and below the 200-day MA of 3.99, indicating a bearish trend. The MACD of -0.08 indicates Positive momentum. The RSI at 31.85 is Neutral, neither overbought nor oversold. The STOCH value of 2.47 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:EMR.

Emerald Resources NL Peers Comparison

Overall Rating
UnderperformOutperform
Sector (44)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
AUEMR
67
Neutral
$2.67B27.2518.72%25.93%-2.18%
44
Neutral
C$953.01M-6.70-13.31%2.75%17.55%-32.28%
$1.64B11.5521.73%
$1.68B-33.29%
$1.89B7.8226.42%1.22%
$1.80B36.341.93%1.72%
AUVAU
60
Neutral
AU$2.76B53.297.58%85.82%-47.59%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:EMR
Emerald Resources NL
3.89
0.36
10.20%
WFRSF
West African Resources Ltd
1.58
0.93
143.08%
GYYSF
Gascoyne Resources Limited
1.35
0.65
92.86%
RMLRF
Ramelius Resources Limited
1.58
0.34
27.42%
WGXRF
Westgold Resources
1.98
0.40
25.32%
AU:VAU
Red 5 Limited
0.40
0.04
11.11%

Emerald Resources NL Corporate Events

Emerald Resources NL Announces Quotation of New Securities on ASX
Jun 27, 2025

Emerald Resources NL has announced the issuance of 172,705 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX) under the code EMR. This move is part of the company’s strategic efforts to leverage convertible securities and options, potentially enhancing its capital structure and providing additional liquidity for stakeholders.

The most recent analyst rating on (AU:EMR) stock is a Buy with a A$4.80 price target. To see the full list of analyst forecasts on Emerald Resources NL stock, see the AU:EMR Stock Forecast page.

Emerald Resources Adjusts Capital Structure with New Share Issuance and Option Cancellations
Jun 27, 2025

Emerald Resources NL announced the issuance of 172,705 fully paid ordinary shares following the exercise of unlisted options by an employee, while also canceling other options held by former employees. This reflects the company’s ongoing management of its capital structure and incentive plans, which could impact its financial strategy and stakeholder interests.

The most recent analyst rating on (AU:EMR) stock is a Buy with a A$4.80 price target. To see the full list of analyst forecasts on Emerald Resources NL stock, see the AU:EMR Stock Forecast page.

Emerald Resources NL Sees Change in Substantial Shareholder Interests
Jun 27, 2025

Emerald Resources NL has experienced a change in the interests of a substantial holder, Van Eck Associates Corporation, which has reduced its voting power from 7.98% to 6.91%. This change in voting power reflects a decrease in the number of ordinary shares held by Van Eck, which could impact the company’s shareholder dynamics and influence within the market.

The most recent analyst rating on (AU:EMR) stock is a Buy with a A$4.80 price target. To see the full list of analyst forecasts on Emerald Resources NL stock, see the AU:EMR Stock Forecast page.

Emerald Resources NL Updates on June 2025 Quarterly Production and Future Growth Plans
Jun 23, 2025

Emerald Resources NL announced that its June 2025 quarterly production at the Okvau Gold Mine fell below guidance due to accelerated earthworks and waste movements. However, normal operations resumed, and the company anticipates production for the remainder of 2025 to reach the upper end of the guidance range. Emerald is on track to achieve its strategic goal of becoming a multi-mine gold producer exceeding 300Koz per annum, with key developments planned for 2026, including expansions at the Okvau Gold Mine and new operations in Cambodia and Australia.

The most recent analyst rating on (AU:EMR) stock is a Buy with a A$4.80 price target. To see the full list of analyst forecasts on Emerald Resources NL stock, see the AU:EMR Stock Forecast page.

Emerald Resources NL Announces Quotation of New Securities on ASX
May 1, 2025

Emerald Resources NL has announced the quotation of 75,000 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of May 1, 2025. This move is part of the company’s strategy to enhance its financial flexibility and support its growth initiatives, potentially impacting its market positioning and offering new opportunities for stakeholders.

Emerald Resources Adjusts Capital Structure with New Share Issuance
May 1, 2025

Emerald Resources NL has issued 75,000 fully paid ordinary shares to an employee following the exercise of options, reflecting a strategic move to adjust its capital structure. This announcement highlights the company’s ongoing commitment to its growth strategy and operational transparency, which could positively impact its market position and stakeholder confidence.

Emerald Resources Reports Strong Quarterly Gold Production and Expands Resource Base
Apr 29, 2025

Emerald Resources NL reported a quarterly gold production of 19.1Koz from its Okvau Gold Mine in Cambodia, with sales of 23.6Koz at an average price of US$2,861/oz. Despite challenges in ore access and lower grades, the company maintained high processing plant availability and achieved significant recoveries. The company also announced an increase in ore reserves and mineral resources at Okvau, along with ongoing development at the Dingo Range and Memot projects. With strong cash flows and a debt-free position, Emerald is poised for growth, aiming to produce over 300Koz of gold annually.

Emerald Resources Reports Significant Drilling Results in Cambodia and Australia
Apr 23, 2025

Emerald Resources NL has announced significant drilling results from its gold projects in Cambodia and Australia, indicating potential resource expansions. The company’s continued exploration efforts at the Okvau Gold Mine, Memot Gold Project, and Dingo Range Gold Project have yielded promising results, which could enhance its resource base and strengthen its position in the gold mining industry.

Emerald Resources NL Announces Quotation of New Securities
Apr 14, 2025

Emerald Resources NL has announced the application for quotation of 62,500 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of April 14, 2025. This move is part of the company’s strategy to enhance its capital structure and support its ongoing operations, potentially impacting its market positioning and offering new opportunities for stakeholders.

Emerald Resources Issues Shares, Enhances Capital Structure
Apr 14, 2025

Emerald Resources NL has issued 62,500 fully paid ordinary shares to an employee following the exercise of unlisted options. This move reflects the company’s ongoing compliance with the Corporations Act and contributes to its revised capital structure. The announcement underscores Emerald’s operational transparency and its strategic focus on expanding its resource base in Cambodia and Australia.

Emerald Resources Reports Strong Quarterly Gold Production and Achieves Debt-Free Status
Apr 10, 2025

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.

Emerald Resources Achieves Debt-Free Status, Strengthening Growth Prospects
Apr 1, 2025

Emerald Resources NL has announced that it is now debt-free after making the final repayment on its US$60 million Okvau Debt Facility, which was used to develop the Okvau Gold Mine. This financial milestone positions Emerald as an unhedged gold producer with a strong financial base, enabling it to focus on expanding its operations in Cambodia and Australia. The company’s strategic goal is to become a multi-mine producer, achieving over 300,000 ounces of gold annually, which is expected to drive further growth.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jun 26, 2025