Emerald Resources (EMR) Q3 2026 TU earnings summary

Executive summary

• March 2026 quarter gold production reached 26,269oz at Okvau Gold Mine, with 26,318oz sold at an average price of US$4,875/oz, generating record pre-tax operating cash flow of A$143.0M (US$99.4M).

• FY2026 production guidance maintained at 105Koz–120Koz, with output expected at the lower end and AISC in line with life-of-mine estimates (US$966/oz).

• Cash, bullion, and listed investments at 31 March 2026 totaled A$399.3M (US$273.3M) after FY25 Cambodian corporate tax payment.

• Significant exploration and resource growth at Memot (Cambodia) and Dingo Range (Australia) projects, with updated resource estimates and ongoing drilling.

• Strengthened leadership with the appointment of a new COO as the company enters a growth phase.

Financial highlights

• March 2026 quarter AISC was US$897/oz, down from US$1,032/oz in December 2025.

• Gold sales for the quarter were 26,318oz, generating US$128.3M in revenue.

• Record cash generation from operations, surpassing previous financial performance records.

• Cash, bullion, and listed investments at quarter-end: A$399.3M (US$273.3M).

Outlook and guidance

• FY2026 production guidance of 105Koz–120Koz maintained, with output expected at the lower end.

• AISC guidance remains in line with life-of-mine estimates (US$966/oz).

• Dingo Range and Memot projects advancing toward maiden ore reserve estimates and development updates in the short term.