National Bank Financial Upgrades EMX Royalty (CVE:EMX) to “Strong-Buy”

National Bank Financial upgraded shares of EMX Royalty (CVE:EMX) to a strong-buy rating in a research report released on Monday morning, Zacks.com reports. National Bank Financial also issued estimates for EMX Royalty’s FY2024 earnings at ($0.07) EPS, FY2025 earnings at $0.04 EPS, FY2026 earnings at $0.03 EPS and FY2027 earnings at $0.06 EPS.

EMX Royalty Stock Up 1.1 %

EMX stock opened at C$2.71 on Monday. EMX Royalty has a one year low of C$1.91 and a one year high of C$2.92. The stock has a market capitalization of C$307.67 million, a P/E ratio of -90.33 and a beta of 0.85. The company has a 50 day moving average price of C$2.42 and a two-hundred day moving average price of C$2.51. The company has a debt-to-equity ratio of 28.76, a quick ratio of 4.65 and a current ratio of 0.94.

EMX Royalty (CVE:EMX) last announced its quarterly earnings data on Monday, August 12th. The company reported C($0.05) EPS for the quarter. EMX Royalty had a negative net margin of 7.44% and a negative return on equity of 2.11%. The business had revenue of C$8.22 million during the quarter. As a group, sell-side analysts expect that EMX Royalty will post 0.01014 EPS for the current year.

Insider Transactions at EMX Royalty

In related news, Director David M. Cole bought 200,000 shares of the stock in a transaction that occurred on Thursday, October 3rd. The stock was purchased at an average cost of C$2.05 per share, for a total transaction of C$410,000.00. In other news, Director David M. Cole bought 200,000 shares of the business’s stock in a transaction that occurred on Thursday, October 3rd. The shares were acquired at an average cost of C$2.05 per share, with a total value of C$410,000.00. Also, Senior Officer Christina Cepeliauskas sold 20,000 shares of the business’s stock in a transaction dated Wednesday, October 16th. The shares were sold at an average price of C$2.57, for a total value of C$51,424.00. Insiders own 18.66% of the company’s stock.

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.