EMX Royalty Co. (NYSEAMERICAN:EMX) Short Interest Update

EMX Royalty Co. (NYSEAMERICAN:EMX) saw a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 153,800 shares, a growth of 230.8% from the December 31st total of 46,500 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily volume of 279,800 shares, the days-to-cover ratio is presently 0.5 days.

EMX Royalty Stock Performance

EMX stock traded up $0.09 during mid-day trading on Thursday, hitting $1.76. The stock had a trading volume of 387,620 shares, compared to its average volume of 338,285. EMX Royalty has a 1-year low of $1.41 and a 1-year high of $2.15. 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 firm has a market cap of $194.09 million, a P/E ratio of -44.00 and a beta of 0.79.

EMX Royalty (NYSEAMERICAN:EMX) last issued its quarterly earnings data on Thursday, November 7th. The company reported $0.01 EPS for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.02. The business had revenue of $7.03 million for the quarter. EMX Royalty had a negative return on equity of 3.11% and a negative net margin of 13.73%. Analysts predict that EMX Royalty will post -0.05 earnings per share for the current fiscal year.

Institutional Trading of EMX Royalty

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. BNP Paribas Financial Markets grew its holdings in shares of EMX Royalty by 26.3% during the 3rd quarter. BNP Paribas Financial Markets now owns 77,900 shares of the company’s stock worth $139,000 after purchasing an additional 16,200 shares in the last quarter. Ullmann Wealth Partners Group LLC acquired a new position in shares of EMX Royalty in the 4th quarter worth approximately $35,000. Marshall Wace LLP bought a new stake in EMX Royalty in the second quarter valued at $33,000. Finally, Apollon Wealth Management LLC acquired a new stake in shares of EMX Royalty in the 4th quarter valued at $25,000. Institutional investors and hedge funds own 21.54% of the company’s stock.

Analyst Ratings Changes

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

About EMX Royalty

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.