National Bank Financial Estimates EMX Royalty Q3 Earnings

EMX Royalty Co. (NYSEAMERICAN:EMX) – Stock analysts at National Bank Financial issued their Q3 2024 earnings per share (EPS) estimates for EMX Royalty in a report issued on Tuesday, October 22nd. National Bank Financial analyst S. Nagle forecasts that the company will post earnings of ($0.01) per share for the quarter. National Bank Financial currently has a “Outperform” rating on the stock. The consensus estimate for EMX Royalty’s current full-year earnings is ($0.03) per share.

EMX Royalty (NYSEAMERICAN:EMX) last announced its earnings results on Monday, August 12th. The company reported ($0.04) earnings per share for the quarter. EMX Royalty had a negative net margin of 7.44% and a negative return on equity of 2.05%. The business had revenue of $6.01 million for the quarter.

Separately, HC Wainwright increased their target price on shares of EMX Royalty from $6.50 to $6.75 and gave the company a “buy” rating in a research report on Wednesday.

EMX Royalty Price Performance

Shares of EMX opened at $1.92 on Friday. EMX Royalty has a one year low of $1.41 and a one year high of $2.15.

Hedge Funds Weigh In On EMX Royalty

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Marshall Wace LLP acquired a new stake in shares of EMX Royalty in the second quarter valued at $33,000. Kings Path Partners LLC bought a new stake in EMX Royalty in the second quarter worth about $33,000. Virtu Financial LLC lifted its holdings in EMX Royalty by 509.6% in the 1st quarter. Virtu Financial LLC now owns 115,447 shares of the company’s stock valued at $199,000 after acquiring an additional 96,508 shares during the last quarter. Finally, BNP Paribas Financial Markets lifted its holdings 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 acquiring an additional 13,900 shares during the last quarter. 21.54% of the stock is owned by institutional investors.

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.