Sage Investment Counsel LLC Takes Position in EMX Royalty Co. (NYSEAMERICAN:EMX)

Sage Investment Counsel LLC purchased a new stake in EMX Royalty Co. (NYSEAMERICAN:EMX) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 15,000 shares of the company’s stock, valued at approximately $26,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sprott Inc. increased its stake in EMX Royalty by 31.4% during the 4th quarter. Sprott Inc. now owns 3,014,481 shares of the company’s stock worth $5,219,000 after buying an additional 720,458 shares in the last quarter. Meixler Investment Management Ltd. acquired a new stake in shares of EMX Royalty in the fourth quarter worth approximately $56,000. Apollon Wealth Management LLC purchased a new stake in shares of EMX Royalty during the fourth quarter worth approximately $25,000. Ullmann Wealth Partners Group LLC acquired a new position in EMX Royalty in the 4th quarter valued at $35,000. Finally, BNP Paribas Financial Markets lifted its holdings in EMX Royalty by 26.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 77,900 shares of the company’s stock valued at $139,000 after purchasing an additional 16,200 shares in the last quarter. Hedge funds and other institutional investors own 21.54% of the company’s stock.

Wall Street Analyst Weigh In

Separately, HC Wainwright reaffirmed a “buy” rating and set a $7.00 target price on shares of EMX Royalty in a report on Friday, January 10th.

EMX Royalty Stock Performance

NYSEAMERICAN:EMX opened at $1.79 on Friday. EMX Royalty Co. has a 52 week low of $1.48 and a 52 week high of $2.15. The firm has a market capitalization of $194.75 million, a price-to-earnings ratio of -44.75 and a beta of 0.81. The company has a current ratio of 13.15, a quick ratio of 13.15 and a debt-to-equity ratio of 0.30.

EMX Royalty 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.