EMX Royalty (CVE:EMX) Sets New 52-Week High – Here’s What Happened

EMX Royalty Co. (CVE:EMX)’s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as C$3.20 and last traded at C$3.23, with a volume of 52971 shares. The stock had previously closed at C$3.09.

Analysts Set New Price Targets

Separately, National Bankshares lifted their price target on shares of EMX Royalty from C$4.50 to C$4.75 and gave the company an “outperform” rating in a research note on Thursday, May 22nd.

EMX Royalty Stock Up 6.1%

The stock has a market cap of C$256.65 million, a price-to-earnings ratio of -72.04 and a beta of 0.85. The stock has a 50 day simple moving average of C$2.93 and a 200 day simple moving average of C$2.65. 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.