company background image
EMR

Emerald ResourcesASX:EMR Stock Report

Market Cap

AU$520.6m

7D

-1.9%

1Y

61.6%

Updated

21 Oct, 2021

Data

Company Financials
EMR fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health1/6
Dividends0/6

EMR Overview

Emerald Resources NL engages in the exploration and development of mineral reserves in the Cambodia and Australia.

Emerald Resources Competitors

Perseus Mining

ASX:PRU

AU$2.0b

Regis Resources

ASX:RRL

AU$1.7b

Ramelius Resources

ASX:RMS

AU$1.2b

St Barbara

ASX:SBM

AU$1.1b

Price History & Performance

Summary of all time highs, changes and price drops for Emerald Resources
Historical stock prices
Current Share PriceAU$1.01
52 Week HighAU$0.56
52 Week LowAU$1.11
Beta1.45
1 Month Change16.09%
3 Month Change13.48%
1 Year Change61.60%
3 Year Change206.06%
5 Year Change102.00%
Change since IPO-99.85%

Recent News & Updates

Shareholder Returns

EMRAU Metals and MiningAU Market
7D-1.9%-0.3%0.7%
1Y61.6%12.5%21.4%

Return vs Industry: EMR exceeded the Australian Metals and Mining industry which returned 11.3% over the past year.

Return vs Market: EMR exceeded the Australian Market which returned 21.1% over the past year.

Price Volatility

Is EMR's price volatile compared to industry and market?
EMR volatility
EMR Beta1.45
Industry Beta0.97
Market Beta1

Stable Share Price: EMR is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: EMR's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1969n/aMorgan Harthttps://www.emeraldresources.com.au

Emerald Resources NL engages in the exploration and development of mineral reserves in the Cambodia and Australia. The company 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.

Emerald Resources Fundamentals Summary

How do Emerald Resources's earnings and revenue compare to its market cap?
EMR fundamental statistics
Market CapAU$520.55m
Earnings (TTM)-AU$16.70m
Revenue (TTM)AU$21.00k

25.3kx

P/S Ratio

-31.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
EMR income statement (TTM)
RevenueAU$21.00k
Cost of RevenueAU$1.80m
Gross Profit-AU$1.78m
ExpensesAU$14.92m
Earnings-AU$16.70m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.032
Gross Margin-8,461.90%
Net Profit Margin-79,523.81%
Debt/Equity Ratio120.7%

How did EMR perform over the long term?

See historical performance and comparison

Valuation

Is Emerald Resources undervalued compared to its fair value and its price relative to the market?

4.95x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate EMR's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate EMR's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: EMR is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.

PE vs Market: EMR is unprofitable, so we can't compare its PE Ratio to the Australian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate EMR's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: EMR is overvalued based on its PB Ratio (5x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

How is Emerald Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-0.07%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Emerald Resources has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Emerald Resources performed over the past 5 years?

-20.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EMR is currently unprofitable.

Growing Profit Margin: EMR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: EMR is unprofitable, and losses have increased over the past 5 years at a rate of 20% per year.

Accelerating Growth: Unable to compare EMR's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: EMR is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).


Return on Equity

High ROE: EMR has a negative Return on Equity (-15.89%), as it is currently unprofitable.


Financial Health

How is Emerald Resources's financial position?


Financial Position Analysis

Short Term Liabilities: EMR's short term assets (A$31.6M) do not cover its short term liabilities (A$54.7M).

Long Term Liabilities: EMR's short term assets (A$31.6M) do not cover its long term liabilities (A$90.4M).


Debt to Equity History and Analysis

Debt Level: EMR's debt to equity ratio (120.7%) is considered high.

Reducing Debt: Insufficient data to determine if EMR's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: EMR has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: EMR has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 56.8% each year.


Dividend

What is Emerald Resources's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate EMR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate EMR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if EMR's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if EMR's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of EMR's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.6yrs

Average management tenure


CEO

Morgan Hart (53 yo)

7.17yrs

Tenure

AU$357,427

Compensation

Mr. Morgan Cain Hart has been Managing Director of Emerald Resources NL since August 20, 2014 and serves as its Executive Director since July 30, 2014. Mr. Hart served as a Chief Operating Officer and Exec...


CEO Compensation Analysis

Compensation vs Market: Morgan's total compensation ($USD267.68K) is below average for companies of similar size in the Australian market ($USD734.81K).

Compensation vs Earnings: Morgan's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: EMR's management team is considered experienced (4.6 years average tenure).


Board Members

Experienced Board: EMR's board of directors are considered experienced (7.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Emerald Resources NL's employee growth, exchange listings and data sources


Key Information

  • Name: Emerald Resources NL
  • Ticker: EMR
  • Exchange: ASX
  • Founded: 1969
  • Industry: Gold
  • Sector: Materials
  • Market Cap: AU$520.551m
  • Shares outstanding: 515.40m
  • Website: https://www.emeraldresources.com.au

Location

  • Emerald Resources NL
  • 1110 Hay Street
  • Ground Floor
  • West Perth
  • Western Australia
  • 6005
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/21 18:09
End of Day Share Price2021/10/21 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.