Emerald Resources Set to Produce Over 350,000 Ounces of Gold in Fiscal 2028, Euroz Hartleys Says

MT Newswires Live

Feb 02

Emerald Resources NL (ASX:EMR) is poised to produce around 355,000 ounces of gold in fiscal year 2028, according to a Jan. 30 report by Euroz Hartleys.

On Jan. 29, the company reported December 2025 quarter gold production of 25,000 ounces from its Okvau gold mine operations in Cambodia at an all-in sustaining cost of $1,032 per ounce.

The results delivered higher production at improved costs, Euroz said.

Euroz believes that the company continues to be one of the highest margin producers on the Australian Stock Exchange.

Though prices of gold remain high with some volatility, the company is unhedged with low-cost assets, Euroz added.

Euroz maintained the company's buy rating but raised its price target to AU$8.40 from AU$8.15.

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