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

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

Analyst Upgrades and Downgrades

EMX has been the subject of several research reports. National Bank Financial initiated coverage on EMX Royalty in a research note on Tuesday, October 22nd. They issued an “outperform” rating for the company. 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.

Hedge Funds Weigh In On EMX Royalty

A number of hedge funds have recently bought and sold shares of EMX. Apollon Wealth Management LLC purchased a new stake in EMX Royalty during the 4th quarter valued at $25,000. Marshall Wace LLP purchased a new position in shares of EMX Royalty in the second quarter worth $33,000. Ullmann Wealth Partners Group LLC bought a new position in shares of EMX Royalty during the fourth quarter valued at $35,000. Finally, BNP Paribas Financial Markets boosted its position in shares of EMX Royalty by 26.3% during the third quarter. BNP Paribas Financial Markets now owns 77,900 shares of the company’s stock valued at $139,000 after buying an additional 16,200 shares during the last quarter. Institutional investors own 21.54% of the company’s stock.

EMX Royalty Trading Down 1.8 %

Shares of NYSEAMERICAN:EMX traded down $0.03 on Wednesday, hitting $1.67. The company had a trading volume of 259,944 shares, compared to its average volume of 335,535. EMX Royalty has a 1 year low of $1.41 and a 1 year high of $2.15. The company has a current ratio of 13.15, a quick ratio of 13.15 and a debt-to-equity ratio of 0.30. The stock has a market cap of $184.17 million, a price-to-earnings ratio of -41.75 and a beta of 0.79.

EMX Royalty (NYSEAMERICAN:EMX) last announced its quarterly earnings data on Thursday, November 7th. The company reported $0.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.02. EMX Royalty had a negative return on equity of 3.11% and a negative net margin of 13.73%. The business had revenue of $7.03 million during the quarter. Equities analysts predict that EMX Royalty will post -0.05 EPS for the current 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.