Emerald Resources stock reports record fiscal 2026 profit

Published on 10/07/2026 at 00:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Emerald Resources stock closed at AUD 6.87 on October 6, 2026, while fiscal 2026 profit reached AUD 259.6 million. A four-analyst target average is AUD 7.76.

Emerald Resources, AU000000EMR4, Illustration mit AI erstellt.

Emerald Resources (ISIN AU000000EMR4) closed at AUD 6.87 on the ASX on October 6, 2026, up AUD 0.03, or 0.44 percent, from AUD 6.84. The stock remains 15.3 percent below its 52-week high of AUD 8.11, putting the latest market price beside a still wide trading range.

Record profit reshapes the story

The Globe and Mail reported on August 27, 2026, that Emerald Resources generated a record fiscal 2026 profit after tax of AUD 259.6 million for the year ended June 30, 2026. Gold revenue rose 40 percent to AUD 601.8 million, while the Okvau mine produced 100,405 ounces at an all-in sustaining cost of USD 972 per ounce.

The figures give the October share price a clear operating anchor: Emerald is not being valued only on exploration potential, but on cash-generating production from its Cambodian asset. The same report said the company ended the fiscal year debt-free, with AUD 491.1 million in cash, bullion and listed investments.

Okvau contract runs to 2030

Operational continuity is another concrete factor. Thiess said on September 29, 2026, that its MACA subsidiary secured a two-year, AUD 170 million contract extension at Okvau, taking mining services through 2030. The release said the mine had produced more than 500,000 ounces since production began.

That contract supports mine execution, but it does not remove gold-price exposure. Emerald's fiscal 2026 result was explicitly linked to higher gold prices, so the earnings base combines low-cost production with commodity sensitivity.

Analyst targets stay above price

Simply Wall St listed four analysts and an average 12-month target of AUD 7.76, with a high of AUD 10.00 and a low of AUD 5.40. The average target lies 13.0 percent above the October 6 price, while the spread between the high and low targets is AUD 4.60.

For investors, the key tension is visible in the numbers. Fiscal 2026 delivered record profitability and AUD 601.8 million in gold revenue, yet the share price still sits below its yearly high and analyst targets range from downside to substantial upside.

Emerald Resources stock holds above AUD 6

Emerald Resources stock closed at AUD 6.87 on the ASX on October 6, 2026, with a market capitalization of AUD 4.6 billion and volume of 1,011,096 shares. Its 52-week range is AUD 4.39 to AUD 8.11.