Short Interest in Emx Royalty Corp (NYSEAMERICAN:EMX) Increases By 28.0%

Emx Royalty Corp (NYSEAMERICAN:EMX) was the target of a significant increase in short interest during the month of October. As of October 15th, there was short interest totalling 55,300 shares, an increase of 28.0% from the September 15th total of 43,200 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 94,000 shares, the days-to-cover ratio is currently 0.6 days.

An institutional investor recently raised its position in Emx Royalty stock. Sprott Inc. lifted its holdings in Emx Royalty Corp (NYSEAMERICAN:EMX) by 8.2% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 5,454,902 shares of the company’s stock after acquiring an additional 413,100 shares during the quarter. Emx Royalty accounts for about 1.6% of Sprott Inc.’s holdings, making the stock its 27th biggest holding. Sprott Inc. owned approximately 6.64% of Emx Royalty worth $6,656,000 at the end of the most recent quarter.

Shares of Emx Royalty stock opened at $1.38 on Tuesday. Emx Royalty has a 1 year low of $1.04 and a 1 year high of $1.54.

Emx Royalty (NYSEAMERICAN:EMX) last announced its earnings results on Tuesday, August 13th. The company reported ($0.06) earnings per share (EPS) for the quarter. The business had revenue of $0.29 million for the quarter.

Emx Royalty Company Profile

EMX Royalty Corporation engages in the acquisition, exploration, and evaluation of mineral properties. It explores for gold, silver, copper, molybdenum, lead, zinc, volcanogenic massive sulfide, and iron deposits. Its principal asset is the Leeville royalty property located in Eureka County, Nevada. The company also holds properties in North America, Turkey, Europe, Australia, and New Zealand.

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