Latest news with #EmeraldResources
Yahoo
13-07-2025
- Business
- Yahoo
3 ASX Stocks Estimated To Be Up To 48.3% Below Intrinsic Value
As the Australian market mirrors the upward trends seen in the U.S., with ASX 200 futures indicating a potential gain, investors are keenly observing opportunities for undervalued stocks amidst this positive momentum. In such an environment, identifying stocks trading below their intrinsic value can present compelling opportunities for those looking to capitalize on potential market inefficiencies. Name Current Price Fair Value (Est) Discount (Est) Praemium (ASX:PPS) A$0.715 A$1.35 47.2% PointsBet Holdings (ASX:PBH) A$1.185 A$2.10 43.5% Lynas Rare Earths (ASX:LYC) A$9.67 A$18.70 48.3% Integral Diagnostics (ASX:IDX) A$2.58 A$4.57 43.6% Infomedia (ASX:IFM) A$1.22 A$2.06 40.9% Fenix Resources (ASX:FEX) A$0.29 A$0.50 42.5% Collins Foods (ASX:CKF) A$8.96 A$15.73 43% City Chic Collective (ASX:CCX) A$0.086 A$0.14 40.5% Charter Hall Group (ASX:CHC) A$19.13 A$35.43 46% Advanced Braking Technology (ASX:ABV) A$0.084 A$0.16 48.8% Click here to see the full list of 38 stocks from our Undervalued ASX Stocks Based On Cash Flows screener. We'll examine a selection from our screener results. Overview: Emerald Resources NL focuses on the exploration and development of mineral reserves in Cambodia and Australia, with a market cap of A$2.36 billion. Operations: The company's revenue is primarily derived from mine operations, which account for A$427.32 million. Estimated Discount To Fair Value: 29.3% Emerald Resources appears undervalued with its current trading price of A$3.59 below the estimated fair value of A$5.08, representing a discount exceeding 20%. The company forecasts robust earnings growth at 36.3% annually, outpacing the Australian market average of 10.9%. Recent updates indicate steady gold production from Okvau Gold Mine, supporting revenue growth projections of 23.3% per year, which surpasses the broader market's expected growth rate. The analysis detailed in our Emerald Resources growth report hints at robust future financial performance. Delve into the full analysis health report here for a deeper understanding of Emerald Resources. Overview: Lynas Rare Earths Limited, along with its subsidiaries, is involved in the exploration, development, mining, extraction, and processing of rare earth minerals in Australia and Malaysia, with a market capitalization of A$9.05 billion. Operations: The company's revenue is primarily generated from its Rare Earth Operations, amounting to A$482.82 million. Estimated Discount To Fair Value: 48.3% Lynas Rare Earths is trading at A$9.67, significantly below its estimated fair value of A$18.7, representing a discount of over 48%. The company's earnings are projected to grow substantially at 62.31% annually, far exceeding the market average of 10.9%. Although profit margins have decreased from last year, revenue growth is expected to remain strong at 37.8% per year, outpacing the Australian market's growth rate and indicating potential undervaluation based on cash flows. Our earnings growth report unveils the potential for significant increases in Lynas Rare Earths' future results. Click here to discover the nuances of Lynas Rare Earths with our detailed financial health report. Overview: Nanosonics Limited is a global infection prevention company with a market capitalization of A$1.19 billion. Operations: The company's revenue is primarily generated from its Healthcare Equipment segment, amounting to A$183.97 million. Estimated Discount To Fair Value: 22.4% Nanosonics, trading at A$3.92, is priced 22.4% below its estimated fair value of A$5.05, suggesting it is undervalued based on cash flows. The company's earnings are expected to grow significantly at 22.9% annually, surpassing the Australian market's growth rate of 10.9%. Revenue growth is forecasted at 9.6% per year, also above the market average of 5.5%, highlighting potential for value appreciation despite a lower future return on equity forecast of 13.9%. The growth report we've compiled suggests that Nanosonics' future prospects could be on the up. Get an in-depth perspective on Nanosonics' balance sheet by reading our health report here. Click this link to deep-dive into the 38 companies within our Undervalued ASX Stocks Based On Cash Flows screener. Invested in any of these stocks? Simplify your portfolio management with Simply Wall St and stay ahead with our alerts for any critical updates on your stocks. Maximize your investment potential with Simply Wall St, the comprehensive app that offers global market insights for free. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include ASX:EMR ASX:LYC and ASX:NAN. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
06-07-2025
- Business
- Yahoo
ASX Penny Stocks Spotlight: Emerald Resources And Two More To Consider
As Australian shares aim for a modest rise, the market remains influenced by global events, including record highs in U.S. indices and geopolitical tensions. Amidst these broader market dynamics, penny stocks continue to capture investor interest due to their potential for growth at relatively low price points. While the term "penny stocks" might seem outdated, these investments often involve smaller or newer companies that can offer significant upside when backed by strong financial fundamentals. Name Share Price Market Cap Financial Health Rating Alfabs Australia (ASX:AAL) A$0.365 A$104.6M ★★★★☆☆ EZZ Life Science Holdings (ASX:EZZ) A$2.29 A$108.03M ★★★★★★ GTN (ASX:GTN) A$0.62 A$118.24M ★★★★★★ IVE Group (ASX:IGL) A$2.86 A$440.96M ★★★★★☆ Duratec (ASX:DUR) A$1.435 A$362.18M ★★★★★☆ Southern Cross Electrical Engineering (ASX:SXE) A$1.785 A$471.97M ★★★★★★ Sugar Terminals (NSX:SUG) A$0.99 A$363.6M ★★★★★★ Navigator Global Investments (ASX:NGI) A$1.77 A$867.44M ★★★★★☆ Bisalloy Steel Group (ASX:BIS) A$4.15 A$196.92M ★★★★★★ CTI Logistics (ASX:CLX) A$1.80 A$144.98M ★★★★☆☆ Click here to see the full list of 468 stocks from our ASX Penny Stocks screener. Let's uncover some gems from our specialized screener. Simply Wall St Financial Health Rating: ★★★★★☆ Overview: Emerald Resources NL focuses on the exploration and development of mineral reserves in Cambodia and Australia, with a market cap of A$2.60 billion. Operations: The company generates revenue primarily from its Mine Operations segment, which accounts for A$427.32 million. Market Cap: A$2.6B Emerald Resources has demonstrated significant financial strength and growth, with its earnings increasing by 32.2% over the past year, surpassing industry averages. The company maintains a solid balance sheet, as its debt is well covered by operating cash flow and it holds more cash than total debt. Recent production guidance indicates robust gold output from the Okvau Gold Mine through 2026, suggesting operational stability. Despite a low Return on Equity of 15.6%, Emerald's net profit margins have improved to 23.2%, reflecting efficient management practices without shareholder dilution in the past year. Unlock comprehensive insights into our analysis of Emerald Resources stock in this financial health report. Explore Emerald Resources' analyst forecasts in our growth report. Simply Wall St Financial Health Rating: ★★★★★★ Overview: RPMGlobal Holdings Limited develops and provides mining software solutions across Australia, Asia, the Americas, Africa, and Europe with a market cap of A$717.37 million. Operations: RPMGlobal Holdings generates revenue primarily from its Software segment, which accounts for A$74.88 million, and its Advisory services, contributing A$34.17 million. Market Cap: A$717.37M RPMGlobal Holdings has shown financial resilience with no debt over the past five years, supported by experienced management and board members. Despite a stable weekly volatility of 7%, RPMGlobal faces challenges with declining earnings, forecasted to decrease by an average of 27.2% annually over the next three years. The company's net profit margin has dropped from 9.7% last year to 6.2%, and its Return on Equity is considered low at 12%. However, RPMGlobal's short-term assets comfortably cover both short-term and long-term liabilities, ensuring a solid liquidity position amidst these challenges. Take a closer look at RPMGlobal Holdings' potential here in our financial health report. Evaluate RPMGlobal Holdings' prospects by accessing our earnings growth report. Simply Wall St Financial Health Rating: ★★★★★☆ Overview: Web Travel Group Limited offers online travel booking services across Australia, the United Arab Emirates, the United Kingdom, and internationally, with a market cap of A$1.61 billion. Operations: The company generates revenue from its Business to Business Travel (B2B) segment, amounting to A$328.4 million. Market Cap: A$1.61B Web Travel Group's financial profile reveals a mixed picture for potential investors. While the company boasts a substantial market cap of A$1.61 billion and generates significant revenue from its B2B segment, recent earnings growth has been negative at -85.9%, with profit margins dropping to 3.4% from 24.6% last year, partly due to large one-off losses impacting results. Despite these challenges, the company's short-term assets exceed both short-term and long-term liabilities, providing financial stability. Upcoming board changes may bring fresh perspectives as Melanie Wilson and Paul Scurrah join as independent non-executive directors in July 2025. Get an in-depth perspective on Web Travel Group's performance by reading our balance sheet health report here. Gain insights into Web Travel Group's future direction by reviewing our growth report. Take a closer look at our ASX Penny Stocks list of 468 companies by clicking here. Interested In Other Possibilities? Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include ASX:EMR ASX:RUL and ASX:WEB. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
News.com.au
01-07-2025
- Business
- News.com.au
Closing Bell: ASX ends flat as info tech rally falters
ASX slips back to even, losing just 1.2 points Info tech sector reverses course, retreating from 1.2pc gain to just 0.2pc Gold shines as USD falls; All Ord Gold index adds 1.09pc Gold shines, tech declines The info tech sector was providing the majority of the ASX's momentum this morning, up about 1.2%. As the day stretched long, the info tech gains evaporated, leaving the ASX 200 almost exactly where it started, down 1.2 points or 0.1%. Defensive stocks stood their ground; utilities added 0.91% and real estate 0.75%. Gold also made progress, gaining against a faltering greenback as the mounting clamour for interest rate cuts on Wall Street puts pressure on the US dollar. The ASX All Ord Gold industry added 1.09%, alongside a 0.42% uptick for the Small Ords. A lot of that movement was in penny stocks, but Emerald Resources (ASX:EMR) added 3.3%, Red Hill Minerals (ASX:RHI) 5%, Kingsgate Consolidated (ASX:KCN) 7% and Saturn Metals (ASX:STN) 12.5%. ASX SMALL CAP LEADERS Today's best performing small cap stocks: Security Name Last % Change Volume Market Cap EWC Energy World Corpor. 0.048 129% 14856294 $64,657,346 AOA Ausmon Resorces 0.002 100% 1329400 $1,311,213 CT1 Constellation Tech 0.002 100% 3113189 $1,474,734 NXS Next Science Limited 0.11 64% 9215319 $19,574,736 ADDDB Adavale Resource Ltd 0.032 60% 213697 $2,287,279 HMD Heramed Limited 0.011 57% 8474550 $6,129,219 IS3 I Synergy Group Ltd 0.0015 50% 2180451 $1,502,190 TEG Triangle Energy Ltd 0.003 50% 1104532 $4,178,468 SRL Sunrise 1.175 46% 2178862 $92,758,060 EV1 Evolutionenergy 0.015 36% 399417 $3,989,155 CZN Corazon Ltd 0.002 33% 525391 $1,776,858 M2R Miramar 0.004 33% 2150000 $2,990,470 RNX Renegade Exploration 0.004 33% 2165000 $3,865,090 VFX Visionflex Group Ltd 0.002 33% 3500000 $5,051,791 WBE Whitebark Energy 0.004 33% 2960000 $2,062,001 ICG Inca Minerals Ltd 0.012 33% 5049324 $14,187,511 ENX Enegex Limited 0.017 31% 43999 $4,951,987 GLA Gladiator Resources 0.009 29% 426348 $5,308,078 OMX Orangeminerals 0.077 28% 1426132 $8,286,137 PUR Pursuit Minerals 0.057 27% 965382 $4,488,028 NSB Neuroscientific 0.11 26% 2451852 $28,934,086 EGG Enero Group Ltd 0.865 26% 503556 $62,153,558 PNN Power Minerals Ltd 0.069 25% 1401168 $7,004,950 RMI Resource Mining Corp 0.015 25% 2838012 $8,813,440 ADR Adherium Ltd 0.005 25% 607622 $3,593,916 Energy World (ASX:EWC) is preparing to restructure its capital and management under a proposal that would see US$440 million in debt transformed into shares. EWC is converting its debt with Slipform Engineering Group into shares at $0.88 each, valuing them at 44-times its current 30-day VWAP of $0.02. EWC managing director Brian Allen will also step down from the position after 24 years, with new interim chair Alan Jowell and CEO Edward McCartin taking up their roles effective today. The company has opted to engage in a share conversion with Slipform, owned by the Elliott family (founder and EWC CEO Stewart Elliott passed away last year), in order to repay the outstanding debt. Next Science (ASX:NXS) is looking to offload the vast majority of its assets and intellectual property in an asset purchase agreement with Demetra Holdings S.p.A for a total sale price of US$50 million. NXS will retain ownership of the durable medical equipment segment and intends to return the net proceeds of the sale to shareholders to the tune of US$30 million. Management has signalled it intends to vote in favour of the transaction at the next EGM. Sunrise Energy Metals (ASX:SRL) has wrapped up a heavily oversubscribed $1.5m share purchase plan. The company could only accept 37.5% of subscription offers, after shareholders asked for $4m. Renegade Exploration (ASX:RNX) has unearthed multiple silver rock chips grading above 1000 g/t at the Broken Hills project in Nevada, US. Five rock chips exceeded 1020 g/t silver with additional gold values up to 16.21 g/t gold, peaking at 2469 g/t silver. ASX SMALL CAP LAGGARDS Today's worst performing small cap stocks: Security Name Last % Change Volume Market Cap GMN Gold Mountain Ltd 0.001 -33% 235592 $8,429,639 VMLDB Vital Metals Limited 0.067 -33% 11648 $11,790,134 AN1 Anagenics Limited 0.004 -20% 30000 $2,481,602 KPO Kalina Power Limited 0.004 -20% 4906284 $14,664,978 ROG Red Sky Energy. 0.004 -20% 6944305 $27,111,136 SIS Simble Solutions 0.004 -20% 250000 $5,411,652 SRJ SRJ Technologies 0.004 -20% 3561707 $3,027,890 TMX Terrain Minerals 0.002 -20% 9000136 $6,329,536 GBZ GBM Rsources Ltd 0.014 -18% 14131740 $24,069,639 TMK TMK Energy Limited 0.0025 -17% 7819005 $30,667,149 AON Apollo Minerals Ltd 0.006 -14% 1362333 $6,499,198 LML Lincoln Minerals 0.006 -14% 2107369 $14,717,988 T88 Taitonresources 0.06 -14% 13100 $5,212,016 ADC Acdc Metals Ltd 0.04 -13% 285381 $3,439,656 IFG Infocusgroup Hldltd 0.014 -13% 2904816 $4,415,389 NAG Nagambie Resources 0.014 -13% 1891 $12,852,838 KAM K2 Asset Mgmt Hldgs 0.065 -12% 6250 $17,840,305 SPD Southernpalladium 0.59 -12% 19389 $71,656,500 PCK Painchek Ltd 0.04 -11% 103757 $82,892,520 AAJ Aruma Resources Ltd 0.008 -11% 30000 $2,951,465 ADG Adelong Gold Limited 0.004 -11% 6915887 $9,309,045 AM5 Antares Metals 0.008 -11% 1160500 $4,633,676 CLG Close Loop 0.032 -11% 4353864 $19,146,595 DRE Dreadnought Resources Ltd 0.008 -11% 3790981 $45,715,500 GSM Golden State Mining 0.008 -11% 47098 $2,514,336 IN CASE YOU MISSED IT Asian Battery Metals (ASX:AZ9) has demonstrated the strength of the Yambat mineralised system in Mongolia with more high-grade copper-nickel intersections. Many Peaks Minerals (ASX:MPK) has retained an exclusive option to acquire 100% of the Baga gold project in Côte d'Ivoire. StockTake: Uvre (ASX:UVA) to dot the i's and cross the t's on New Zealand gold pickup. IoT tech company X2M Connect (ASX:X2M) has taken a 7% stake in Dicode after a major UAE contract win. Codeifai (ASX:CDE) is set to acquire AI-backed, quantum-secure platform from Canada's Credissential Inc. Magmatic Resources (ASX:MAG) has completed the first stage of its purchase for the highly prospective Weebo gold project in WA's Goldfields. Future Battery Minerals (ASX:FBM) has uncovered six new gold anomalies at its Burbanks East tenements. LAST ORDERS New Age Exploration (ASX:NAE) has locked in a $1 per tonne royalty for the first 15 million tonnes of any mineral ore or concentrate extracted from the Lochinvar coal project in the UK, completing the sale of the asset. Management reckons the royalties could be worth up to $15 million, while the sale itself allows NAE to focus its resources on its gold and lithium projects closer to home. TRADING HALTS Alphinity Global Equity Fund (ASX:XALG) – technical issue Alphinity Global Sustainable Equity Fund (ASX:XASG) – technical issue Australian Oil Company (ASX:AOK) – settlement deed Butn Ltd (ASX:BTN) – debt refinancing Falcon Metals (ASX:FAL) – exploration results Finder Energy Holdings (ASX:FDR) – cap raise Resources & Energy Group (ASX:REZ) – cap raise Santa Fe Minerals (ASX:SFM) – cap raise Yojee Ltd (ASX:YOJ) – cap raise At Stockhead, we tell it like it is. While New Age Exploration is a Stockhead advertiser, it did not sponsor this article.
Yahoo
26-06-2025
- Business
- Yahoo
Emerald Resources NL's (ASX:EMR) institutional investors lost 13% last week but have benefitted from longer-term gains
Significantly high institutional ownership implies Emerald Resources' stock price is sensitive to their trading actions A total of 10 investors have a majority stake in the company with 50% ownership Insider ownership in Emerald Resources is 18% Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. Every investor in Emerald Resources NL (ASX:EMR) should be aware of the most powerful shareholder groups. The group holding the most number of shares in the company, around 43% to be precise, is institutions. In other words, the group stands to gain the most (or lose the most) from their investment into the company. Losing money on investments is something no shareholder enjoys, least of all institutional investors who saw their holdings value drop by 13% last week. Still, the 21% one-year gains may have helped mitigate their overall losses. They should, however, be mindful of further losses in the future. Let's take a closer look to see what the different types of shareholders can tell us about Emerald Resources. View our latest analysis for Emerald Resources Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing. Emerald Resources already has institutions on the share registry. Indeed, they own a respectable stake in the company. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at Emerald Resources' earnings history below. Of course, the future is what really matters. Emerald Resources is not owned by hedge funds. Looking at our data, we can see that the largest shareholder is BlackRock, Inc. with 8.0% of shares outstanding. With 7.9% and 6.0% of the shares outstanding respectively, Van Eck Associates Corporation and Morgan Hart are the second and third largest shareholders. Morgan Hart, who is the third-largest shareholder, also happens to hold the title of Member of the Board of Directors. We did some more digging and found that 10 of the top shareholders account for roughly 50% of the register, implying that along with larger shareholders, there are a few smaller shareholders, thereby balancing out each others interests somewhat. Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. There is some analyst coverage of the stock, but it could still become more well known, with time. While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO. Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group. Our information suggests that insiders maintain a significant holding in Emerald Resources NL. Insiders own AU$483m worth of shares in the AU$2.7b company. That's quite meaningful. It is good to see this level of investment. You can check here to see if those insiders have been buying recently. With a 34% ownership, the general public, mostly comprising of individual investors, have some degree of sway over Emerald Resources. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders. It seems that Private Companies own 4.5%, of the Emerald Resources stock. It might be worth looking deeper into this. If related parties, such as insiders, have an interest in one of these private companies, that should be disclosed in the annual report. Private companies may also have a strategic interest in the company. I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. I like to dive deeper into how a company has performed in the past. You can find historic revenue and earnings in this detailed graph. Ultimately the future is most important. You can access this free report on analyst forecasts for the company. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. — Investing narratives with Fair Values A case for TSXV:USA to reach USD $5.00 - $9.00 (CAD $7.30–$12.29) by 2029. By Agricola – Community Contributor Fair Value Estimated: CA$12.29 · 0.9% Overvalued DLocal's Future Growth Fueled by 35% Revenue and Profit Margin Boosts By WynnLevi – Community Contributor Fair Value Estimated: $195.39 · 0.9% Overvalued Historically Cheap, but the Margin of Safety Is Still Thin By Mandelman – Community Contributor Fair Value Estimated: SEK232.58 · 0.2% Overvalued View more featured narratives — Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
26-06-2025
- Business
- Yahoo
Emerald Resources NL's (ASX:EMR) institutional investors lost 13% last week but have benefitted from longer-term gains
Significantly high institutional ownership implies Emerald Resources' stock price is sensitive to their trading actions A total of 10 investors have a majority stake in the company with 50% ownership Insider ownership in Emerald Resources is 18% Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. Every investor in Emerald Resources NL (ASX:EMR) should be aware of the most powerful shareholder groups. The group holding the most number of shares in the company, around 43% to be precise, is institutions. In other words, the group stands to gain the most (or lose the most) from their investment into the company. Losing money on investments is something no shareholder enjoys, least of all institutional investors who saw their holdings value drop by 13% last week. Still, the 21% one-year gains may have helped mitigate their overall losses. They should, however, be mindful of further losses in the future. Let's take a closer look to see what the different types of shareholders can tell us about Emerald Resources. View our latest analysis for Emerald Resources Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing. Emerald Resources already has institutions on the share registry. Indeed, they own a respectable stake in the company. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at Emerald Resources' earnings history below. Of course, the future is what really matters. Emerald Resources is not owned by hedge funds. Looking at our data, we can see that the largest shareholder is BlackRock, Inc. with 8.0% of shares outstanding. With 7.9% and 6.0% of the shares outstanding respectively, Van Eck Associates Corporation and Morgan Hart are the second and third largest shareholders. Morgan Hart, who is the third-largest shareholder, also happens to hold the title of Member of the Board of Directors. We did some more digging and found that 10 of the top shareholders account for roughly 50% of the register, implying that along with larger shareholders, there are a few smaller shareholders, thereby balancing out each others interests somewhat. Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. There is some analyst coverage of the stock, but it could still become more well known, with time. While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO. Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group. Our information suggests that insiders maintain a significant holding in Emerald Resources NL. Insiders own AU$483m worth of shares in the AU$2.7b company. That's quite meaningful. It is good to see this level of investment. You can check here to see if those insiders have been buying recently. With a 34% ownership, the general public, mostly comprising of individual investors, have some degree of sway over Emerald Resources. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders. It seems that Private Companies own 4.5%, of the Emerald Resources stock. It might be worth looking deeper into this. If related parties, such as insiders, have an interest in one of these private companies, that should be disclosed in the annual report. Private companies may also have a strategic interest in the company. I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. I like to dive deeper into how a company has performed in the past. You can find historic revenue and earnings in this detailed graph. Ultimately the future is most important. You can access this free report on analyst forecasts for the company. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. — Investing narratives with Fair Values A case for TSXV:USA to reach USD $5.00 - $9.00 (CAD $7.30–$12.29) by 2029. By Agricola – Community Contributor Fair Value Estimated: CA$12.29 · 0.9% Overvalued DLocal's Future Growth Fueled by 35% Revenue and Profit Margin Boosts By WynnLevi – Community Contributor Fair Value Estimated: $195.39 · 0.9% Overvalued Historically Cheap, but the Margin of Safety Is Still Thin By Mandelman – Community Contributor Fair Value Estimated: SEK232.58 · 0.2% Overvalued View more featured narratives — Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
