EMX Royalty (CVE:EMX) Stock Price Up 2.5% – Time to Buy?

EMX Royalty Co. (CVE:EMX) shares rose 2.5% on Thursday . The company traded as high as C$2.49 and last traded at C$2.49. Approximately 2,500 shares traded hands during trading, a decline of 89% from the average daily volume of 23,638 shares. The stock had previously closed at C$2.43.

Wall Street Analysts Forecast Growth

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

EMX Royalty Trading Up 1.6 %

The business has a 50 day moving average of C$2.49 and a 200 day moving average of C$2.46. The firm has a market capitalization of C$287.23 million, a price-to-earnings ratio of -84.33 and a beta of 0.85. The company has a debt-to-equity ratio of 28.76, a current ratio of 0.94 and a quick ratio of 4.65.

Insider Transactions at EMX Royalty

In other EMX Royalty news, Director David M. Cole purchased 200,000 shares of the stock in a transaction on Thursday, October 3rd. The stock was bought at an average cost of C$2.05 per share, for a total transaction of C$410,000.00. Also, Senior Officer Christina Cepeliauskas sold 20,000 shares of EMX Royalty stock in a transaction dated Wednesday, October 16th. The shares were sold at an average price of C$2.57, for a total value 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.