Emerald Resources NL traded at 6.37 this Friday February 6th, decreasing 0.22 or 3.34 percent since the previous trading session. Looking back, over the last four weeks, Emerald Resources NL lost 2.30 percent. Over the last 12 months, its price rose by 43.79 percent. Looking ahead, we forecast Emerald Resources NL to be priced at 7.30 by the end of this quarter and at 6.86 in one year, according to Trading Economics global macro models projections and analysts expectations.
Emerald Resources NL is an Australia-based gold exploration and mining company. The Company operates the Okvau Gold Deposit in the Mondulkiri province of eastern Cambodia and is exploring, with the view to developing other prospective gold projects in Cambodia. Its interest in its Cambodian Projects covers a combined area of over 1,428 square kilometers (km2). The Okvau Gold Mine is located over 275 km north-east of Cambodia’s capital city of Phnom Penh in the province of Mondulkiri. Its 100% owned Memot Gold Project is located over 100 km southwest of the Okvau Gold Mine and has approximately 107 km2 of a highly prospective area for gold exploration. Its Australian operations are focused on the North Laverton Gold Project’s tenements, in the Dingo Range greenstone belt. The North Laverton Gold Project consists of over 36 exploration licenses (including five applications) and four mining licenses covering most of the Dingo Range greenstone belt with more than 800 km2 of tenure.