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Emmerson Resources Limited
(Sydney:ERM)
Emmerson Resources Limited (ERM) vs. iShares MSCI Australia ETF (EWA)
Emmerson Resources Limited Business Overview & Revenue Model
Emmerson Resources Limited Financial Statement Overview
| Breakdown | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 136.57K | 122.51K | 79.36K | 91.74K | 33.72K |
| Gross Profit | 136.57K | 170.88K | 94.32K | 190.54K | 106.31K |
| EBITDA | -3.00M | -2.51M | -2.88M | -1.56M | -1.75M |
| Net Income | -2.94M | -2.59M | -2.91M | -1.58M | -1.48M |
Balance Sheet | |||||
| Total Assets | 5.70M | 8.10M | 11.79M | 23.14M | 16.70M |
| Cash, Cash Equivalents and Short-Term Investments | 2.69M | 5.30M | 8.96M | 5.48M | 1.28M |
| Total Debt | 299.84K | 56.80K | 127.64K | 192.89K | 0.00 |
| Total Liabilities | 940.17K | 730.77K | 1.97M | 1.04M | 552.96K |
| Stockholders Equity | 4.76M | 7.37M | 9.82M | 22.10M | 16.15M |
Cash Flow | |||||
| Free Cash Flow | -2.58M | -3.59M | -1.33M | -3.17M | -2.05M |
| Operating Cash Flow | -2.50M | -3.55M | -1.30M | -1.22M | -958.27K |
| Investing Cash Flow | -39.93K | -46.22K | -43.57K | -1.94M | -655.18K |
| Financing Cash Flow | -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 |
|---|---|---|---|---|---|---|---|
63 Neutral | $10.55B | 10.83 | 1.51% | 2.68% | 2.24% | -33.79% | |
49 Neutral | $104.88M | ― | -32.13% | ― | 51.91% | 42.86% | |
48 Neutral | AU$140.98M | ― | -1.37% | ― | ― | 96.13% | |
46 Neutral | $67.09M | ― | -6.55% | ― | ― | -50.00% | |
40 Underperform | AU$72.54M | ― | -7.39% | ― | ― | -28.57% | |
36 Underperform | AU$77.27M | ― | -1.69% | ― | ― | 79.79% |
Emmerson Resources Limited Corporate Events
Emmerson Resources Limited has announced plans for further drilling programs to explore untested areas and enhance their understanding of the geology and potential mineralization at their projects. This initiative is aimed at bolstering their resource base and strengthening their position in the gold exploration industry, which could have significant implications for stakeholders and investors.
Emmerson Resources Limited has announced the completion of a scoping study for the White Devil Gold Project, which confirms its potential as a major mine under joint venture agreements with Tennant Mining. The study indicates a high conversion of mineral resources into mine designs and demonstrates the project’s insensitivity to gold price fluctuations. With feasibility studies underway and expected completion in H1FY26, Emmerson is well-funded to support future exploration and development activities. The project is expected to have a significant lifespan and revenue, with competitive all-in sustaining costs and a strong positive net present value at assumed gold prices.
Emmerson Resources Limited has completed a 5,000m reverse circulation drill program and commenced a geotechnical diamond drilling program at the White Devil Gold Deposit in Northern Territory. The ongoing Scoping Study is expected to define the deposit as a Major Mine Deposit, potentially enhancing Emmerson’s stake in joint ventures. The company is also advancing its Hermitage Copper, Gold, and Critical Metals Project with recent drilling aimed at extending mineralization.
Emmerson Resources Limited announced the cessation of Andrew McIlwain as a director, effective June 19, 2025. This change in the board may impact the company’s strategic direction and stakeholder interests, given McIlwain’s significant holdings in the company, including both direct and indirect shares and unquoted options.
Emmerson Resources Limited announced changes to its board, with Andrew McIlwain and Dr. Allan Trench retiring after long tenures, marking a transition under the new leadership of Mark Connelly as Non-Executive Chair. These changes come as the company is poised for growth, with anticipated cash flow from gold royalties and the development of the White Devil Gold Deposit, positioning Emmerson strongly in the market.
Emmerson Resources Limited has provided an update on its White Devil Scoping Study, highlighting the potential for a major mine development. Preliminary pit optimizations have shown a high conversion rate of the mineral resource estimate into the pit shell, with the study assuming a gold price of A$4,000 per ounce. The scoping study is expected to be completed soon, with permitting underway and plans to move into a pre-feasibility study. The development of the White Devil deposit is seen as a significant opportunity under the joint venture agreement with Tennant Mining, with Emmerson retaining a substantial interest in the project.
Emmerson Resources Limited has announced a major development opportunity at its White Devil gold deposit, with preliminary pit optimizations showing a high conversion rate of the mineral resource estimate into the pit shell. The scoping study, which is expected to be completed in early July 2025, indicates that the deposit will be classified as a Major Mine Deposit under the joint venture agreement with Tennant Mining. With a gold price assumption of A$4,000, the study suggests a robust potential for open-pit mining, and the company is moving towards a pre-feasibility study. The completion of the scoping study and the commencement of permitting are significant steps towards advancing the White Devil project, potentially enhancing Emmerson’s position in the mining industry.
Emmerson Resources Limited has recommenced a 5,000m Reverse Circulation drill program at the White Devil deposit, aiming to extend the mineralization and optimize the open pit design. The White Devil deposit, with a significant Mineral Resource Estimate, is expected to be defined as a Major Mine Deposit under joint venture agreements, potentially impacting Emmerson’s stake in the project. The company is also advancing a Scoping Study, with plans for a Pre-Feasibility Study, which could enhance its industry positioning and stakeholder interests.
Emmerson Resources Limited has announced the commencement of commercial gold production at the Nobles Project in Tennant Creek, in partnership with Tennant Mining, a subsidiary of Pan African Resources. This marks a significant milestone just four and a half years after the joint venture’s inception. The production is expected to generate substantial royalty payments for Emmerson, with a potential shortfall payment of approximately $18 million anticipated if production targets are not met. The company is also looking forward to further exploration and development opportunities in the region, including the White Devil Gold Project and its own gold-copper projects.
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.