EMP 4.76% 4.4¢ 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
4.4¢
Change
0.002(4.76%)
Mkt cap ! $9.895M
Open High Low Value Volume
4.3¢ 4.4¢ 4.2¢ $12.28K 287.8K

Buyers (Bids)

No. Vol. Price($)
1 180000 4.4¢
 

Sellers (Offers)

Price($) Vol. No.
4.6¢ 238420 2
View Market Depth
Last trade - 11.08am 20/05/2022 (20 minute delay) ?
(live)
Last
4.3¢
  Change
0.002 ( 2.38 %)
Open High Low Volume
4.2¢ 4.4¢ 4.2¢ 95616
Last updated 13.38pm 20/05/2022 (live) ?
EMP (ASX) Chart
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