EMX Royalty (CVE:EMX) Trading Down 1.7% – Should You Sell?

EMX Royalty Co. (CVE:EMX) shares dropped 1.7% during mid-day trading on Thursday . The stock traded as low as C$2.35 and last traded at C$2.37. Approximately 25,661 shares traded hands during mid-day trading, an increase of 7% from the average daily volume of 23,928 shares. The stock had previously closed at C$2.41.

Analyst Ratings Changes

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

EMX Royalty Price Performance

The company’s 50 day moving average price is C$2.50 and its 200-day moving average price is C$2.48. The company has a market cap of C$269.07 million, a price-to-earnings ratio of -79.00 and a beta of 0.85. The company has a debt-to-equity ratio of 28.76, a quick ratio of 4.65 and a current ratio of 0.94.

Insider Transactions at EMX Royalty

In other news, Director David M. Cole bought 200,000 shares of the firm’s 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 the firm’s stock in a transaction dated Wednesday, October 16th. The stock was sold at an average price of C$2.57, for a total transaction of C$51,424.00. Corporate insiders own 18.66% of the company’s stock.

About EMX Royalty

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.