FY2024 EPS Estimates for EMX Royalty Cut by HC Wainwright

EMX Royalty Co. (CVE:EMX) – Equities research analysts at HC Wainwright lowered their FY2024 EPS estimates for EMX Royalty in a report issued on Wednesday, October 23rd. HC Wainwright analyst H. Ihle now forecasts that the company will post earnings of ($0.07) per share for the year, down from their previous forecast of ($0.04). The consensus estimate for EMX Royalty’s current full-year earnings is $0.01 per share.

EMX Royalty (CVE:EMX) last released its quarterly earnings data on Monday, August 12th. The company reported C($0.05) EPS for the quarter. The company had revenue of C$8.22 million during the quarter. EMX Royalty had a negative return on equity of 2.11% and a negative net margin of 7.44%.

Separately, National Bank Financial upgraded shares of EMX Royalty to a “strong-buy” rating in a report on Monday, October 21st.

EMX Royalty Price Performance

Shares of EMX Royalty stock opened at C$2.68 on Friday. The company has a debt-to-equity ratio of 28.76, a current ratio of 0.94 and a quick ratio of 4.65. EMX Royalty has a one year low of C$1.91 and a one year high of C$2.92. The business’s 50 day simple moving average is C$2.43 and its two-hundred day simple moving average is C$2.51. The stock has a market capitalization of C$304.26 million, a P/E ratio of -89.33 and a beta of 0.85.

Insider Buying and Selling at EMX Royalty

In other EMX Royalty news, Senior Officer Christina Cepeliauskas sold 20,000 shares of the stock in a transaction that occurred on Wednesday, October 16th. The stock was sold at an average price of C$2.57, for a total value of C$51,424.00. In related news, Director David M. Cole purchased 200,000 shares of the firm’s stock in a transaction that occurred on Thursday, October 3rd. The stock was bought at an average cost of C$2.05 per share, with a total value of C$410,000.00. Also, Senior Officer Christina Cepeliauskas sold 20,000 shares of the firm’s stock in a transaction dated Wednesday, October 16th. The stock was sold at an average price of C$2.57, for a total transaction of C$51,424.00. Corporate insiders own 18.66% of the company’s stock.

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.