# EMERALD RESOURCES NL > Australian public company **Wikidata**: [Q109626988](https://www.wikidata.org/wiki/Q109626988) **Source**: https://4ort.xyz/entity/emerald-resources-nl ## Summary EMERALD RESOURCES NL is an Australian public company that operates as a joint-stock corporation, offering its securities for sale to the general public through the Australian Securities Exchange. It is classified as a public company with a market capitalization of 530,859,123 Australian dollars as of November 18, 2021. ## Key Facts - The entity is classified as a public company, which is a specific legal form of organization distinct from private companies or government agencies. - It is officially named "EMERALD RESOURCES NL" and is listed on the Australian Securities Exchange under the ticker symbol "EMR". - The company's stock began trading on the Australian Securities Exchange on July 22, 1994. - As of November 18, 2021, the market capitalization of EMERALD RESOURCES NL was 530,859,123 Australian dollars. - The company is recognized as an Australian public company according to its Wikidata description. ## FAQs **What is EMERALD RESOURCES NL?** It is an Australian public company that operates as a joint-stock corporation, offering its securities for sale to the general public through the Australian Securities Exchange. **What is its stock exchange listing?** EMERALD RESOURCES NL is listed on the Australian Securities Exchange under the ticker symbol "EMR", with its trading beginning on July 22, 1994. **What was its market capitalization as of the last reported data?** As of November 18, 2021, the market capitalization of EMERALD RESOURCES NL was 530,859,123 Australian dollars. **How is it classified as a company?** The company is classified as a public company, which is a distinct legal form of organization that differs from private companies or government-owned enterprises. ## Why It Matters EMERALD RESOURCES NL represents a fundamental component of modern capitalism, enabling large-scale capital formation through public stock markets. As a publicly traded entity, it provides liquidity for investors, allowing them to easily buy and sell ownership stakes. The company adheres to strict regulatory disclosure requirements, promoting transparency for shareholders and contributing to the efficient functioning of financial markets. Its operations exemplify how public companies facilitate investment and drive economic growth by raising capital from a wide pool of investors. ## Notable For * Being a publicly traded company with its shares listed on the Australian Securities Exchange since 1994 * Adhering to the regulatory standards required for public companies, which includes regular financial disclosures to shareholders * Operating as a joint-stock corporation with ownership distributed among the general public through publicly traded securities * Having a market capitalization of 530,859,123 Australian dollars as of November 18, 2021 ## Body ### Definition and Classification EMERALD RESOURCES NL is an Australian public company, which is a specific legal form of organization that distinguishes it from private companies or government-owned enterprises. As a public company, it is classified as a joint-stock corporation where ownership is distributed among the general public through publicly traded securities. ### Stock Exchange Listing The company is officially listed on the Australian Securities Exchange under the ticker symbol "EMR". Its stock began trading on the exchange on July 22, 1994, marking its transition from a private to a public entity. The listing provides investors with the ability to purchase and sell shares through the public market. ### Market Capitalization As of November 18, 2021, the market capitalization of EMERALD RESOURCES NL was 530,859,123 Australian dollars. This figure represents the total market value of all outstanding shares of the company, calculated by multiplying the number of shares outstanding by the current market price per share. ### Corporate Structure The company operates under a classic corporate structure where ownership is separated from control. Shareholders hold ownership through publicly traded securities, while a board of directors provides governance and oversight. This separation of ownership and control is a fundamental characteristic of public companies, enabling professional management to operate the business on behalf of the shareholders. ### Regulatory Compliance As a public company, EMERALD RESOURCES NL is subject to strict regulatory requirements regarding financial disclosures and reporting. These standards ensure transparency for investors and maintain the integrity of the financial markets. The company must regularly file financial statements and other disclosures with regulatory authorities, providing stakeholders with comprehensive information about its operations and financial performance. ### Economic Role EMERALD RESOURCES NL plays a significant role in the Australian economy by facilitating capital formation and investment. Through its public listing, the company can raise substantial funds from a wide pool of investors, which can be used for business expansion, innovation, and infrastructure development. This mechanism enables the company to scale operations and contribute to economic growth while providing investment opportunities for individuals and institutional investors alike. ## References 1. [Source](https://www2.asx.com.au/markets/trade-our-cash-market/directory)