EMX Royalty (CVE:EMX) Hits New 1-Year High – Here’s What Happened

EMX Royalty Co. (CVE:EMX)’s share price reached a new 52-week high on Monday . The stock traded as high as C$5.70 and last traded at C$5.68, with a volume of 7423 shares traded. The stock had previously closed at C$5.63.

Analysts Set New Price Targets

Separately, National Bankshares raised their price objective on EMX Royalty from C$5.25 to C$5.75 and gave the company an “outperform” rating in a research report on Wednesday, August 13th. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Strong Buy” and a consensus price target of C$5.75.

EMX Royalty Price Performance

The company has a current ratio of 13.15, a quick ratio of 4.65 and a debt-to-equity ratio of 29.62. The stock has a market capitalization of C$623.86 million, a PE ratio of 114.40 and a beta of -0.05. The firm has a 50 day moving average price of C$4.38 and a 200 day moving average price of C$3.46.

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.