EMX Royalty Corp. (NYSEAMERICAN:EMX – Get Free Report)’s stock price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $4.10 and traded as low as $3.99. EMX Royalty shares last traded at $4.10, with a volume of 567,941 shares traded.
EMX Royalty Trading Up 1.2%
The firm has a market capitalization of $450.18 million, a P/E ratio of 68.34 and a beta of 0.33. The company has a current ratio of 7.86, a quick ratio of 7.86 and a debt-to-equity ratio of 0.21. The stock has a 50 day simple moving average of $4.10 and a 200-day simple moving average of $4.10.
Institutional Trading of EMX Royalty
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Jane Street Group LLC purchased a new position in shares of EMX Royalty during the 1st quarter worth $30,000. JPMorgan Chase & Co. purchased a new stake in shares of EMX Royalty in the 3rd quarter worth $37,000. Cubist Systematic Strategies LLC raised its holdings in EMX Royalty by 97.0% in 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 period. National Bank of Canada FI bought a new position in EMX Royalty in the 3rd quarter worth $63,000. Finally, Goldman Sachs Group Inc. lifted its position in EMX Royalty by 78.5% during the first quarter. Goldman Sachs Group Inc. now owns 42,640 shares of the company’s stock valued at $87,000 after purchasing an additional 18,753 shares in the last quarter. 21.54% of the stock is owned by hedge funds and other institutional investors.
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.
See Also
- Five stocks we like better than EMX Royalty
- Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected
- Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock
- Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement
- Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For
Receive News & Ratings for EMX Royalty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EMX Royalty and related companies with MarketBeat.com's FREE daily email newsletter.
