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

EMX Royalty Co. (NYSEAMERICAN:EMX) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totalling 37,800 shares, a growth of 51.2% from the August 15th total of 25,000 shares. Based on an average daily trading volume, of 256,500 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

Institutional Trading of EMX Royalty

A number of institutional investors and hedge funds have recently modified their holdings of EMX. Virtu Financial LLC boosted its holdings in EMX Royalty by 509.6% in the 1st quarter. Virtu Financial LLC now owns 115,447 shares of the company’s stock valued at $199,000 after purchasing an additional 96,508 shares during the last quarter. Kings Path Partners LLC acquired a new position in shares of EMX Royalty in the 2nd quarter worth approximately $33,000. Marshall Wace LLP acquired a new position in shares of EMX Royalty in the 2nd quarter worth approximately $33,000. Finally, BNP Paribas Financial Markets lifted its holdings in shares of EMX Royalty by 817.6% in the 1st quarter. BNP Paribas Financial Markets now owns 15,600 shares of the company’s stock worth $27,000 after acquiring an additional 13,900 shares during the last quarter. Hedge funds and other institutional investors own 21.54% of the company’s stock.

Wall Street Analyst Weigh In

Separately, HC Wainwright lowered their price target on shares of EMX Royalty from $6.75 to $6.50 and set a “buy” rating for the company in a report on Wednesday, August 14th.

EMX Royalty Stock Performance

NYSEAMERICAN EMX opened at $1.81 on Monday. EMX Royalty has a 12-month low of $1.41 and a 12-month high of $2.15. The firm has a market capitalization of $204.89 million, a price-to-earnings ratio of -60.33 and a beta of 0.84.

EMX Royalty (NYSEAMERICAN:EMX) last posted its earnings results on Monday, August 12th. The company reported ($0.04) earnings per share (EPS) for the quarter. The business had revenue of $6.01 million for the quarter. EMX Royalty had a negative net margin of 7.44% and a negative return on equity of 2.05%. Sell-side analysts anticipate that EMX Royalty will post -0.03 EPS for the current year.

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.