Short Interest in EMX Royalty Co. (NYSEAMERICAN:EMX) Expands By 6.5%

EMX Royalty Co. (NYSEAMERICAN:EMX) was the target of a large increase in short interest in the month of June. As of June 15th, there was short interest totalling 169,100 shares, an increase of 6.5% from the May 31st total of 158,800 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily volume of 365,200 shares, the days-to-cover ratio is presently 0.5 days.

Hedge Funds Weigh In On EMX Royalty

Institutional investors have recently modified their holdings of the business. Anchor Investment Management LLC acquired a new position in shares of EMX Royalty during the fourth quarter worth $27,000. BNP Paribas Financial Markets boosted its position in shares of EMX Royalty by 817.6% during the 1st quarter. BNP Paribas Financial Markets now owns 15,600 shares of the company’s stock worth $27,000 after acquiring an additional 13,900 shares in the last quarter. HTLF Bank purchased a new position in shares of EMX Royalty in the 4th quarter valued at about $81,000. Virtu Financial LLC raised its position in shares of EMX Royalty by 509.6% during the 1st quarter. Virtu Financial LLC now owns 115,447 shares of the company’s stock worth $199,000 after acquiring an additional 96,508 shares in the last quarter. Finally, Euro Pacific Asset Management LLC raised its position in shares of EMX Royalty by 316.1% during the 4th quarter. Euro Pacific Asset Management LLC now owns 5,426,971 shares of the company’s stock worth $8,792,000 after acquiring an additional 4,122,716 shares in the last quarter. Institutional investors and hedge funds own 21.54% of the company’s stock.

Analyst Ratings Changes

Separately, HC Wainwright boosted their price target on shares of EMX Royalty from $6.50 to $6.75 and gave the company a “buy” rating in a research note on Tuesday, May 14th.

EMX Royalty Trading Up 3.4 %

EMX opened at $1.83 on Wednesday. EMX Royalty has a 12-month low of $1.41 and a 12-month high of $2.15.

EMX Royalty (NYSEAMERICAN:EMX) last issued its quarterly earnings results on Monday, May 13th. The company reported ($0.02) earnings per share (EPS) for the quarter. EMX Royalty had a negative return on equity of 2.66% and a negative net margin of 10.40%. The business had revenue of $6.24 million for the quarter.

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.