Euro Pacific Asset Management LLC Sells 359,775 Shares of EMX Royalty Co. (NYSEAMERICAN:EMX)

Euro Pacific Asset Management LLC reduced its position in EMX Royalty Co. (NYSEAMERICAN:EMX) by 20.2% during the fourth quarter, Holdings Channel.com reports. The firm owned 1,424,771 shares of the company’s stock after selling 359,775 shares during the quarter. Euro Pacific Asset Management LLC’s holdings in EMX Royalty were worth $2,478,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Marshall Wace LLP acquired a new position in EMX Royalty during the second quarter worth $33,000. Ullmann Wealth Partners Group LLC acquired a new stake in shares of EMX Royalty in the 4th quarter worth about $35,000. Finally, BNP Paribas Financial Markets lifted its position in EMX Royalty by 26.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 77,900 shares of the company’s stock valued at $139,000 after acquiring an additional 16,200 shares in the last quarter. 21.54% of the stock is currently owned by institutional investors.

EMX Royalty Stock Down 1.2 %

EMX stock opened at $1.69 on Friday. The company has a debt-to-equity ratio of 0.30, a current ratio of 13.15 and a quick ratio of 13.15. The company has a market capitalization of $186.37 million, a PE ratio of -42.25 and a beta of 0.79. EMX Royalty Co. has a 12-month low of $1.41 and a 12-month high of $2.15.

EMX Royalty (NYSEAMERICAN:EMX) last announced its earnings results on Thursday, November 7th. The company reported $0.01 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.01) by $0.02. The firm had revenue of $7.03 million during the quarter. EMX Royalty had a negative return on equity of 3.11% and a negative net margin of 13.73%. As a group, analysts expect that EMX Royalty Co. will post -0.05 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on EMX. HC Wainwright restated a “buy” rating and issued a $7.00 target price on shares of EMX Royalty in a report on Friday, January 10th. National Bank Financial initiated coverage on shares of EMX Royalty in a report on Tuesday, October 22nd. They issued an “outperform” rating for the company.

EMX Royalty Company Profile

EMX Royalty Corporation, together with its subsidiaries, explores for and generates royalties from metals and minerals properties. It explores gold, silver, platinum, palladium, copper, lead, zinc, manganese, nickel, cobalt, molybdenum, and iron deposits, as well as battery, precious, and base metals.