EMX Royalty’s (EMX) Buy Rating Reiterated at HC Wainwright

HC Wainwright reiterated their buy rating on shares of EMX Royalty (NYSEAMERICAN:EMX) in a research report report published on Friday,Benzinga reports. HC Wainwright currently has a $7.00 price target on the stock.

Separately, National Bank Financial assumed coverage on shares of EMX Royalty in a report on Tuesday, October 22nd. They set an “outperform” rating on the stock.

EMX Royalty Price Performance

Shares of EMX Royalty stock opened at $1.75 on Friday. The company has a market capitalization of $193.62 million, a price-to-earnings ratio of -43.75 and a beta of 0.80. EMX Royalty has a 52 week low of $1.41 and a 52 week high of $2.15. The company has a quick ratio of 13.15, a current ratio of 13.15 and a debt-to-equity ratio of 0.30.

Institutional Trading of EMX Royalty

An institutional investor recently raised its position in EMX Royalty stock. BNP Paribas Financial Markets grew its holdings in shares of EMX Royalty Co. (NYSEAMERICAN:EMX) by 26.3% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 77,900 shares of the company’s stock after purchasing an additional 16,200 shares during the period. BNP Paribas Financial Markets owned approximately 0.07% of EMX Royalty worth $139,000 as of its most recent SEC filing. 21.54% of the stock is owned by institutional investors.

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.