ASX:EMR

Stock Analysis Report

Executive Summary

Emerald Resources NL engages in the exploration and development of gold properties in the Cambodia, Australia, and the United States.

Snowflake

Fundamentals

Flawless balance sheet with weak fundamentals.

Risks

  • Emerald Resources's last earnings update was 188 days ago.
  • Emerald Resources is not covered by any analysts.

Share Price & News

How has Emerald Resources's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-2.5%

ASX:EMR

1.8%

AU Metals and Mining

0.7%

AU Market


1 Year Return

14.7%

ASX:EMR

17.9%

AU Metals and Mining

6.2%

AU Market

EMR underperformed the Metals and Mining industry which returned 17.9% over the past year.

EMR outperformed the Market in Australia which returned 6.2% over the past year.


Share holder returns

EMRIndustryMarket
7 Day-2.5%1.8%0.7%
30 Day2.6%3.7%3.8%
90 Day-2.5%-3.1%0.4%
1 Year14.7%14.7%26.2%17.9%12.4%6.2%
3 Year-17.0%-17.0%83.5%59.6%40.9%21.9%
5 Year62.5%62.5%60.1%23.6%49.8%16.3%

Price Volatility Vs. Market

How volatile is Emerald Resources's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Emerald Resources undervalued based on future cash flows and its price relative to the stock market?

2.06x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Emerald Resources to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Emerald Resources to establish if it is available at substantial discount.


Price Based on Earnings

Emerald Resources is loss making, we can't compare its value to the AU Metals and Mining industry average.

Emerald Resources is loss making, we can't compare the value of its earnings to the Australia market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Emerald Resources, we can't assess if its growth is good value.


Price Based on Value of Assets

Emerald Resources is overvalued based on assets compared to the AU Metals and Mining industry average.


Next Steps

Future Growth

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

3.4%

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.


Next Steps

Past Performance

How has Emerald Resources performed over the past 5 years?

-59.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Emerald Resources does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Emerald Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Emerald Resources's 1-year growth to the AU Metals and Mining industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Emerald Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Emerald Resources has efficiently used its assets last year compared to the AU Metals and Mining industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Emerald Resources improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Emerald Resources's financial position?


Financial Position Analysis

Emerald Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Emerald Resources's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Emerald Resources has no debt.

Emerald Resources has not taken on any debt in the past 5 years.


Balance Sheet

High level of physical assets or inventory.

Emerald Resources has no debt, it does not need to be covered by short term assets.


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.

Emerald Resources has sufficient cash runway for more than 3 years based on current free cash flow.

Emerald Resources has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 46.9% each year.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

Unable to evaluate Emerald Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Emerald Resources's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Emerald Resources has not reported any payouts.

Unable to verify if Emerald Resources's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Emerald Resources has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Emerald Resources's salary, the management and board of directors tenure and is there insider trading?

4.2yrs

Average management tenure


CEO

Morgan Hart (51yo)

5.1yrs

Tenure

AU$52,560

Compensation

Mr. Morgan Cain Hart has been Managing Director of Emerald Resources NL since August 20, 2014 and Executive Director since July 30, 2014. Mr. Hart served as an Operations Director and Executive Director of ...


CEO Compensation Analysis

Morgan's remuneration is lower than average for companies of similar size in Australia.

Morgan's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

4.2yrs

Average Tenure

The tenure for the Emerald Resources management team is about average.


Board Age and Tenure

5.1yrs

Average Tenure

The tenure for the Emerald Resources board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

BuyAU$3,999,97020 Dec 18
Simon Lee
EntityIndividual
Role
Chairman of the Board
Non-Executive Chairman
Shares133,333,333
Max PriceAU$0.03
BuyAU$3,999,97020 Dec 18
Ross Stanley
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares133,333,333
Max PriceAU$0.03
BuyAU$3,999,97020 Dec 18
Morgan Hart
EntityIndividual
Role
Chief Executive Officer
MD & Director
Shares133,333,333
Max PriceAU$0.03
BuyAU$199,99920 Dec 18
Michael Evans
EntityIndividual
Role
Member of the Board of Directors
COO & Executive Director
Shares6,666,667
Max PriceAU$0.03

Ownership Breakdown


Management Team

  • Mark Clements

    Company Secretary

    • Tenure: 5.1yrs
  • Morgan Hart (51yo)

    MD & Director

    • Tenure: 5.1yrs
    • Compensation: AU$52.56k
  • Brett Dunnachie

    Chief Financial Officer

    • Tenure: 2.5yrs
    • Compensation: AU$229.48k
  • Mick Evans

    COO & Executive Director

    • Tenure: 0.9yrs
    • Compensation: AU$304.43k

Board Members

  • Simon Lee (78yo)

    Non-Executive Chairman

    • Tenure: 5.1yrs
    • Compensation: AU$48.00k
  • Ross Stanley

    Non-Executive Director

    • Tenure: 5.1yrs
    • Compensation: AU$36.00k
  • Morgan Hart (51yo)

    MD & Director

    • Tenure: 5.1yrs
    • Compensation: AU$52.56k
  • Ross Williams

    Non-Executive Director

    • Tenure: 5.9yrs
    • Compensation: AU$36.00k
  • Mick Evans

    COO & Executive Director

    • Tenure: 0.9yrs
    • Compensation: AU$304.43k

Company Information

Emerald Resources NL's company bio, 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$118.890m
  • Shares outstanding: 3.05b
  • Website: https://www.emeraldresources.com.au

Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EMRNASX (Australian Securities Exchange)NPV DFD 13/09/10(EX RIGHT)AUAUDNo data
EMRASX (Australian Securities Exchange)YesOrdinary SharesAUAUDAug 1994
EOGS.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDAug 1994
EMRCHIA (Chi-X Australia)YesOrdinary SharesAUAUDAug 1994

Biography

Emerald Resources NL engages in the exploration and development of gold properties in the Cambodia, Australia, and the United States. The company primarily explores for and develops Cambodian gold projects ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/19 10:33
End of Day Share Price2019/09/19 00:00
Earnings2018/12/31
Annual Earnings2018/06/30


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.