EMP 12.0% 2.2¢ emperor energy limited

currency movements positive this gold stock

  1. 9,081 Posts.
    Many Aussie golds are struggling because their costs are denominated in a rising Aussie dollar.

    Not so, Emperor Mines.

    This from a Paterson Ord Minett report:

    EMP "has the benefit of having a predominantly US$ denominated cost base that allows it to participate in the depreciation of that currency"

    This, plus EMP's current Phase 2 expansion and cost cutting programme pressages a strong turnaround for this stock.

    The next quarterely should reflect this trend.

    No wonder "Fat Prophets" is upbeat about this stock.
 
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Last
2.2¢
Change
-0.003(12.0%)
Mkt cap ! $2.493M
Open High Low Value Volume
2.3¢ 2.3¢ 2.2¢ $13.45K 606.5K

Buyers (Bids)

No. Vol. Price($)
1 167000 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.6¢ 313 1
View Market Depth
Last trade - 15.52pm 05/08/2020 (20 minute delay) ?
(live)
Last
2.2¢
  Change
-0.003 ( 15.4 %)
Open High Low Volume
2.2¢ 2.2¢ 2.2¢ 13472
Last updated 11.54am 05/08/2020 (live) ?
EMP (ASX) Chart
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