EMX Royalty (NYSEAMERICAN:EMX) Trading Up 1.2% – Here’s What Happened

EMX Royalty Corp. (NYSEAMERICAN:EMX)’s stock price shot up 1.2% during trading on Thursday . The stock traded as high as $4.20 and last traded at $4.10. 567,941 shares traded hands during trading, an increase of 2% from the average session volume of 557,344 shares. The stock had previously closed at $4.05.

EMX Royalty Trading Up 1.2%

The company has a quick ratio of 7.86, a current ratio of 7.86 and a debt-to-equity ratio of 0.21. The stock has a market capitalization of $450.18 million, a PE ratio of 68.34 and a beta of 0.33. The business’s 50-day moving average is $4.10 and its two-hundred day moving average is $4.09.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Jane Street Group LLC purchased a new position in EMX Royalty during the 1st quarter worth $30,000. JPMorgan Chase & Co. acquired a new stake in shares of EMX Royalty during the third quarter worth about $37,000. Cubist Systematic Strategies LLC grew its holdings in shares of EMX Royalty by 97.0% during the first quarter. Cubist Systematic Strategies LLC now owns 23,116 shares of the company’s stock worth $47,000 after buying an additional 11,383 shares during the last quarter. National Bank of Canada FI purchased a new position in shares of EMX Royalty during the third quarter worth about $63,000. Finally, Goldman Sachs Group Inc. increased its position in EMX Royalty by 78.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 42,640 shares of the company’s stock valued at $87,000 after acquiring an additional 18,753 shares during the period. Institutional investors and hedge funds own 21.54% of the company’s stock.

EMX Royalty Company Profile

EMX Royalty Corp. is a mineral royalty and streaming company that acquires, explores and manages royalty interests in precious, base and battery metal properties around the world. Listed on the NYSE American exchange under the ticker EMX, the company pursues a strategy of building a diversified portfolio of royalties and streams by providing capital and technical expertise to explorers and developers in exchange for royalty interests.

Through joint ventures, option agreements and direct acquisitions, EMX Royalty has assembled a portfolio of more than 300 royalty and stream interests across four continents.