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Emerald Resources NL ( (AU:EMR) ) has issued an update.
Emerald Resources NL announced a record gold production of 31,888 ounces at its Okvau Gold Mine in Cambodia for the December 2024 quarter, surpassing their guidance. Implementations in process flow and plant throughput have significantly improved production rates, contributing to increased cash and bullion reserves. These developments enhance the company’s operational efficiency and financial standing, potentially impacting future resource and reserve updates.
More about Emerald Resources NL
Emerald Resources NL is a gold developer and explorer, primarily focused on projects in Cambodia and Australia. It operates the Okvau Gold Mine in Cambodia, fully commissioned by 2021, and holds significant exploration potential, including the Dingo Range Gold Project in Western Australia. The company is known for its experienced management team with a history of successful project development.
YTD Price Performance: 1.12%
Average Trading Volume: 2,463
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.36B
For detailed information about EMR stock, go to TipRanks’ Stock Analysis page.
