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Trades about 147% below its sector, cheaper than its peers on earnings.
Empire Resources Limited is an Australian firm primarily involved in the exploration and development of mineral deposits across the country. The company's main efforts are directed towards finding gold, copper, zinc, lead, and silver. It holds complete ownership (100% interest) in several significant projects within Western Australia. These include the Yuinmery copper-gold project, covering 106.7 square kilometers in the Mid-West region, which consists of six granted tenements (two for mining and four for exploration). Empire Resources also fully owns the Penny's gold project, situated east of Kalgoorlie. Furthermore, its portfolio features the Barloweerie project, a 533-square-kilometer site in the Murchison District comprising one granted exploration license and three exploration tenements. Lastly, the company operates the Nanadie project, spanning 127.3 square kilometers to the east of Meekatharra. The company, founded in 2000, maintains its corporate headquarters in Nedlands, Australia.
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