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Emmerson Resources Limited
(OTC:ERM)
Emmerson Resources Limited (ERM) vs. S&P 500 (SPY)
Emmerson Resources Limited Business Overview & Revenue Model
Emmerson Resources Limited Financial Statement Overview
| Breakdown | |||||
| TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 171.94K | 136.57K | 122.51K | 79.36K | 91.74K | 33.72K | Gross Profit |
| 171.94K | 136.57K | 170.88K | 94.32K | 190.54K | 106.31K | EBIT |
| -2.23M | -2.99M | -3.39M | -2.96M | -1.61M | -1.64M | EBITDA |
| -2.24M | -3.00M | -2.51M | -2.88M | -1.56M | -1.75M | Net Income Common Stockholders |
| -2.21M | -2.94M | -2.59M | -2.91M | -1.58M | -1.48M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 6.41M | 2.69M | 5.30M | 8.96M | 5.48M | 1.28M | Total Assets |
| 9.55M | 5.70M | 8.10M | 11.79M | 23.14M | 16.70M | Total Debt |
| 275.85K | 299.84K | 56.80K | 127.64K | 192.89K | 0.00 | Net Debt |
| -6.14M | -2.39M | -5.24M | -8.83M | -5.29M | -1.28M | Total Liabilities |
| 1.21M | 940.17K | 730.77K | 1.97M | 1.04M | 552.96K | Stockholders Equity |
| 8.34M | 4.76M | 7.37M | 9.82M | 22.10M | 16.15M |
| Cash Flow | Free Cash Flow | ||||
| -2.03M | -2.58M | -3.59M | -1.33M | -3.17M | -2.05M | Operating Cash Flow |
| -1.95M | -2.50M | -3.55M | -1.30M | -1.22M | -958.27K | Investing Cash Flow |
| -90.41K | -39.93K | -46.22K | -43.57K | -1.94M | -655.18K | Financing Cash Flow |
| 4.62M | -62.74K | -70.84K | 4.82M | 7.37M | 0.00 |
Emmerson Resources Limited Technical Analysis
Emmerson Resources Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
82 Outperform | $3.33B | 9.40 | 26.42% | 2.82% | 54.37% | 310.22% | |
76 Outperform | $3.56B | 24.89 | 13.42% | 0.63% | 11.93% | 22.74% | |
51 Neutral | $32.96M | ― | -20.67% | ― | ― | 4.00% | |
49 Neutral | $1.96B | -1.15 | -21.28% | 3.71% | 1.17% | -30.86% | |
47 Neutral | AU$11.86M | 4.60 | 8.76% | ― | ― | ― | |
44 Neutral | AU$88.99M | ― | -32.13% | ― | 51.91% | 42.86% | |
35 Underperform | $12.00M | ― | -26.03% | ― | -100.00% | -837.50% |
Emmerson Resources Limited Corporate Events
Emmerson Resources Limited has announced further high-grade gold and copper findings at its Tennant Creek projects, including significant mineral resource expansions at sites like White Devil and Golden Forty. These developments underscore the company’s potential to enhance its resource base and strengthen its position in the mining industry, offering promising implications for stakeholders.
Emmerson Resources Limited has announced an update on its exploration activities at the White Devil Gold Deposit, where the mineral resources have increased by 25% since January 2025. The company is conducting a scoping study to classify the deposit as a Major Mine Deposit, potentially allowing Emmerson to retain a 40% equity interest in its development. Additionally, an ultra-detailed drone-based aerial magnetic survey is underway to identify further mineralization, and a 5,000-meter RC drilling program is planned to enhance resource confidence west of the historical open pit.
Emmerson Resources Limited has announced a significant update to its White Devil Mineral Resource Estimate, now totaling 611,400 ounces of gold, following a successful drilling program. This development, along with the advancement of the Nobles CIL processing facility, positions Emmerson to benefit from increased gold production and potential royalty revenues. The company’s strategic alliance with CuFe Limited and Tennant Minerals Limited aims to explore further copper and gold opportunities, potentially enhancing its market position and stakeholder value.
Emmerson Resources Limited announced the cessation of 4,000,000 securities due to the expiry of options without exercise or conversion as of April 26, 2025. This development could impact the company’s capital structure and may influence investor perceptions regarding the company’s future financial strategies.
Emmerson Resources Limited has announced significant developments in its Tennant Creek projects, particularly the White Devil project, which has expanded its mineral resource to 866koz and grown by 26% to 611koz. These advancements underscore the company’s strategic focus on enhancing its mineral resource base, which could strengthen its market position and offer promising opportunities for stakeholders.
Emmerson Resources Limited has announced a significant 25% increase in the mineral resource estimate for the White Devil deposit, now totaling 611,400 ounces of gold. This expansion contributes to a 14% increase in the total Tennant Creek resource base, which now stands at 987,400 ounces of high-grade gold. The majority of the White Devil deposit is classified as Indicated Resources, facilitating further development studies and potential conversion to an Ore Reserve. This development marks a substantial advancement for Emmerson, enhancing its economic interest and positioning within the industry. The ongoing construction of the Nobles CIL processing facility is ahead of schedule, with first gold production expected soon, further supporting Emmerson’s growth strategy.
Emmerson Resources Limited has completed its initial drilling program at the White Devil Gold Project in Tennant Creek, with significant mineralization found in 27 out of 40 drill holes. The drilling results indicate that mineralization extends beyond the current resource, suggesting a potential increase in the Mineral Resource Estimate (MRE) for the site. Additionally, exploration at the Nobles Nob West Prospect revealed narrow zones of copper and gold mineralization, with further downhole magnetic modeling planned to explore extensions of the mineralized ironstone bodies. These developments could enhance Emmerson’s resource base and strengthen its position in the mining sector.
Emmerson Resources Limited has announced that Patronus Invest Pty Ltd, along with Patronus Resources Limited, DELPHI Unternehmensberatung Aktiengesellschaft, and Wilhelm K.T. Zours, have become substantial holders in the company. This acquisition involves 49,144,000 fully paid ordinary shares, representing a 7.73% voting power in Emmerson Resources. The acquisition signifies a significant investment in Emmerson Resources, potentially impacting its market position and stakeholder interests.
The Tennant Creek Alliance, comprising Emmerson Resources Limited, Tennant Minerals Limited, and CuFe Ltd, is advancing its plans to establish a shared processing facility for copper-gold-critical mineral resources in the Northern Territory. The alliance has made progress on resource updates, mineralisation models, and logistical evaluations, with support from the Northern Territory Government. This initiative is expected to benefit stakeholders and the regional economy by re-establishing copper mining and processing.
Emmerson Resources Limited announced the issuance of 1.5 million unquoted performance rights divided into three tranches of 500,000 each, as part of an employee incentive scheme. This move is aimed at aligning employee interests with company performance, potentially enhancing operational efficiency and stakeholder value.
Emmerson Resources Limited has announced the appointment of Mark Connelly as the new Non-Executive Chair, effective March 21, 2025. Connelly, an experienced leader in the mining sector, is expected to guide the company through its next growth phase, leveraging his extensive background in mergers, acquisitions, and capital markets. This leadership transition marks a strategic move for Emmerson, as the company positions itself for further development and operational success. The outgoing Chair, Andrew McIlwain, and Non-Executive Director Rob Bills, have been acknowledged for their contributions, with McIlwain transitioning to a Non-Executive Director role until a smooth handover is completed by June 2025.
Emmerson Resources Limited has released its half-year financial report for the period ending 31 December 2024. The report includes the company’s consolidated financial statements and highlights the financial performance and position of the company. This release provides stakeholders with insights into the company’s financial health and operational efficiency, which are crucial for assessing its market positioning and future growth potential.
Emmerson Resources Limited has announced updates on its mineral exploration activities in the Tennant Creek area, with significant results in copper, gold, and other minerals from various projects. This announcement highlights the company’s ongoing efforts to enhance its resource base and underscores its potential for growth in the mining industry, which could have positive implications for stakeholders and reinforce its competitive positioning.
Emmerson Resources Limited announced promising high-grade gold results from its initial drilling at the White Devil Gold Project in Tennant Creek. The recent drilling extended the known mineralization by 320 meters to the east and confirmed gold presence in shallow, previously unreported sections. An updated Mineral Resource Estimate (MRE), expected in late March, could potentially classify the site as either a Major or Small Mine Deposit, impacting future joint venture contributions and royalty structures.