EMX Royalty (CVE:EMX) Trading Down 1.7% – Here’s Why

EMX Royalty Co. (CVE:EMX) dropped 1.7% during mid-day trading on Monday . The company traded as low as C$5.65 and last traded at C$5.70. Approximately 64,640 shares traded hands during trading, a decline of 5% from the average daily volume of 68,303 shares. The stock had previously closed at C$5.80.

EMX Royalty Trading Down 1.7%

The company’s fifty day simple moving average is C$5.70 and its two-hundred day simple moving average is C$5.56. The company has a market capitalization of C$621.09 million, a price-to-earnings ratio of 114.00 and a beta of 0.58. The company has a quick ratio of 4.65, a current ratio of 13.15 and a debt-to-equity ratio of 29.62.

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. The company's royalty and exploration portfolio primarily consist of properties in North America, Türkiye, Europe, Australia, Latin America, Morocco, and Australia. The company was formerly known as Eurasian Minerals Inc and changed its name to EMX Royalty Corporation in July 2017.