Australia's Emerald Resources gains on becoming debt free
02/04/2025 05:34
** Shares of Emerald Resources EMR.AX rise 2.4% to A$3.775 ** Stock set for its strongest session since March 14 if current trends hold ** Gold miner announces it is debt free after making the final payment under the $60 million Okavu debt facility with Sprott Private Resource Lending in June 2019, allowing for the development of Okavu Gold Mine ** About 1.6 mln traded in the stock's busiest session since March 26 ** Stock up 16.2% YTD, including current session's moves (Reporting by Manasi Dasa in Bengaluru) ((Manasi.DasaSundeep@thomsonreuters.com;))
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