EMX Royalty (NYSEAMERICAN:EMX) Given New $6.75 Price Target at HC Wainwright

EMX Royalty (NYSEAMERICAN:EMX) had its target price upped by HC Wainwright from $6.50 to $6.75 in a research report released on Wednesday morning, Benzinga reports. HC Wainwright currently has a buy rating on the stock.

Separately, National Bank Financial began coverage on shares of EMX Royalty in a research note on Tuesday. They issued an “outperform” rating on the stock.

EMX Royalty Trading Down 3.7 %

EMX opened at $1.94 on Wednesday. EMX Royalty has a 52-week low of $1.41 and a 52-week high of $2.15. The firm has a market cap of $219.04 million, a PE ratio of -64.50 and a beta of 0.84.

EMX Royalty (NYSEAMERICAN:EMX) last announced its quarterly earnings data on Monday, August 12th. The company reported ($0.04) earnings per share (EPS) for the quarter. EMX Royalty had a negative return on equity of 2.05% and a negative net margin of 7.44%. The firm had revenue of $6.01 million for the quarter. Equities analysts forecast that EMX Royalty will post -0.03 earnings per share for the current year.

Institutional Trading of EMX Royalty

Large investors have recently bought and sold shares of the business. BNP Paribas Financial Markets lifted its stake in EMX Royalty by 817.6% in the 1st quarter. BNP Paribas Financial Markets now owns 15,600 shares of the company’s stock valued at $27,000 after purchasing an additional 13,900 shares during the last quarter. Marshall Wace LLP bought a new position in shares of EMX Royalty in the 2nd quarter valued at $33,000. Kings Path Partners LLC acquired a new stake in shares of EMX Royalty during the 2nd quarter valued at $33,000. Finally, Virtu Financial LLC grew its position in 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 during the last quarter. 21.54% of the stock is owned by institutional investors and hedge funds.

EMX Royalty Company Profile

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.