Emerald Resources Unlikely to Take Long to Get Output Back on Track -- Market Talk

Dow Jones
Jun 24, 2025

0106 GMT - Emerald Resources is expected to get its production and costs "back to normal levels" over the upcoming September and December quarters, Euroz Hartleys says in a note. The remark follows a production miss by the ASX-listed gold miner. While the latest quarterly result is disappointing, Euroz views it as an unusual event. The broker reiterates a buy rating and A$5.40 target on the stock. Emerald Resources is down 1.7% at A$4.53. (rhiannon.hoyle@wsj.com; @RhiannonHoyle)

 

(END) Dow Jones Newswires

June 23, 2025 21:06 ET (01:06 GMT)

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