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EM

Emerald Resources NL

EMR.AXBasic MaterialsASX

Gold · Last scanned May 29, 2026

PriceMA150MA200
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Financials · Annual
Revenue
$430.4M
+17.6% YoY
Net Income
$87.6M
+8.6% YoY
EBITDA
$164.9M
-6.7% YoY
Free Cash Flow
$153.6M

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About Emerald Resources NL

Part of the basic materials sector, Emerald Resources NL (EMR.AX) is listed under Gold. The $3.85B market capitalization puts EMR.AX squarely in mid-cap range for its industry. Its exploration tenements include a combination of 100% owned granted licenses, applications, and earn-in and joint venture agreements covering a combined area of 1,190 square kilometers.

Key stats
Market Cap$3.85B
P/E (TTM)38.80
Fwd P/E9.86
EPS$0.15
Beta0.88
52W Change+17.9%
ROE14.8%
Analysis

Emerald Resources NL holds $299.4M in cash against $27.7M in total debt, giving it a net cash position. This means the company could theoretically pay off all its debt and still have cash remaining. Annual free cash flow of $153.6M supports ongoing capital allocation decisions and provides a cushion against unexpected expenses or downturns. Return on equity stands at 14.8%, which is decent for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. Return on assets of 14.8% further supports the picture of efficient asset utilization. Revenue has grown from $206.5M (2022) to $430.4M (2025), reflecting a 108% increase over the period.

With cash comfortably exceeding debt, EMR.AX has financial flexibility that may help navigate uncertain periods. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Emerald Resources NL and its sector.

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