EMX Royalty (NYSEAMERICAN:EMX) Now Covered by National Bank Financial

Research analysts at National Bank Financial began coverage on shares of EMX Royalty (NYSEAMERICAN:EMX) in a research note issued to investors on Tuesday, MarketBeat Ratings reports. The firm set an “outperform” rating on the stock.

Separately, HC Wainwright lowered their target price on 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

EMX opened at $1.94 on Tuesday. EMX Royalty has a 1-year low of $1.41 and a 1-year high of $2.15. The company has a market capitalization of $219.04 million, a PE ratio of -64.50 and a beta of 0.84.

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

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. BNP Paribas Financial Markets increased its stake in 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 purchasing an additional 13,900 shares during the period. Marshall Wace LLP bought a new position in shares of EMX Royalty in the second quarter worth approximately $33,000. Kings Path Partners LLC purchased a new position in shares of EMX Royalty in the second quarter worth $33,000. Finally, Virtu Financial LLC raised its holdings in EMX Royalty by 509.6% during the 1st quarter. Virtu Financial LLC now owns 115,447 shares of the company’s stock valued at $199,000 after buying an additional 96,508 shares during the last quarter. Institutional investors own 21.54% of the company’s stock.

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.