EMX Royalty Corp. (NYSEAMERICAN:EMX – Get Free Report)’s stock price shot up 1.2% during mid-day trading on Tuesday . The stock traded as high as $4.20 and last traded at $4.10. 567,941 shares changed hands during mid-day trading, a decline of 10% from the average daily volume of 630,248 shares. The stock had previously closed at $4.05.
EMX Royalty Price Performance
The stock’s 50 day moving average price is $4.10 and its two-hundred day moving average price is $4.10. The stock has a market cap of $450.18 million, a price-to-earnings ratio of 68.34 and a beta of 0.33. The company has a quick ratio of 7.86, a current ratio of 7.86 and a debt-to-equity ratio of 0.21.
Hedge Funds Weigh In On EMX Royalty
Large investors have recently made changes to their positions in the company. JPMorgan Chase & Co. purchased a new stake in shares of EMX Royalty during the 3rd quarter worth about $37,000. BNP Paribas Financial Markets lifted its position in shares of EMX Royalty by 5.5% in the third quarter. BNP Paribas Financial Markets now owns 142,100 shares of the company’s stock valued at $732,000 after acquiring an additional 7,400 shares in the last quarter. Cubist Systematic Strategies LLC boosted its stake in EMX Royalty by 97.0% during the 1st quarter. Cubist Systematic Strategies LLC now owns 23,116 shares of the company’s stock worth $47,000 after purchasing an additional 11,383 shares during the last quarter. National Bank of Canada FI acquired a new position in EMX Royalty during the third quarter worth about $63,000. Finally, Jane Street Group LLC acquired a new stake in shares of EMX Royalty in the first quarter valued at approximately $30,000. 21.54% of the stock is currently owned by institutional investors and hedge funds.
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.
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