Short Interest in EMX Royalty Co. (NYSEAMERICAN:EMX) Expands By 230.8%

EMX Royalty Co. (NYSEAMERICAN:EMX) was the target of a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 153,800 shares, an increase of 230.8% from the December 31st total of 46,500 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average trading volume of 279,800 shares, the short-interest ratio is presently 0.5 days.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. HC Wainwright restated a “buy” rating and issued a $7.00 price objective on shares of EMX Royalty in a research report on Friday, January 10th. National Bank Financial began coverage on shares of EMX Royalty in a research report on Tuesday, October 22nd. They set an “outperform” rating for the company.

Institutional Investors Weigh In On EMX Royalty

Large investors have recently made changes to their positions in the stock. Apollon Wealth Management LLC purchased a new position in EMX Royalty during the fourth quarter worth approximately $25,000. Ullmann Wealth Partners Group LLC acquired a new stake in shares of EMX Royalty in the 4th quarter worth $35,000. BNP Paribas Financial Markets raised its holdings in shares of EMX Royalty by 26.3% during the 3rd quarter. BNP Paribas Financial Markets now owns 77,900 shares of the company’s stock worth $139,000 after acquiring an additional 16,200 shares during the period. Finally, Marshall Wace LLP acquired a new position in shares of EMX Royalty during the 2nd quarter valued at about $33,000. 21.54% of the stock is currently owned by hedge funds and other institutional investors.

EMX Royalty Stock Down 0.9 %

NYSEAMERICAN EMX traded down $0.02 during mid-day trading on Wednesday, hitting $1.69. The stock had a trading volume of 135,957 shares, compared to its average volume of 328,227. The company has a debt-to-equity ratio of 0.30, a quick ratio of 13.15 and a current ratio of 13.15. The company has a market cap of $185.82 million, a P/E ratio of -42.13 and a beta of 0.79. EMX Royalty has a twelve month low of $1.41 and a twelve month high of $2.15.

EMX Royalty (NYSEAMERICAN:EMX) last posted its quarterly earnings results on Thursday, November 7th. The company reported $0.01 earnings per share for the quarter, topping the consensus estimate of ($0.01) by $0.02. EMX Royalty had a negative net margin of 13.73% and a negative return on equity of 3.11%. The firm had revenue of $7.03 million for the quarter. Research analysts anticipate that EMX Royalty will post -0.05 EPS for the current fiscal year.

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.