Short Interest in EMX Royalty Co. (NYSEAMERICAN:EMX) Increases By 230.8%

EMX Royalty Co. (NYSEAMERICAN:EMX) was the target of a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 153,800 shares, an increase of 230.8% from the December 15th total of 46,500 shares. Based on an average daily trading volume, of 279,800 shares, the short-interest ratio is currently 0.5 days. Currently, 0.2% of the shares of the company are sold short.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. HC Wainwright reiterated a “buy” rating and issued a $7.00 price objective on shares of EMX Royalty in a research note on Friday, January 10th. National Bank Financial assumed coverage on shares of EMX Royalty in a research note on Tuesday, October 22nd. They issued an “outperform” rating on the stock.

Institutional Trading of EMX Royalty

Several hedge funds and other institutional investors have recently added to or reduced their stakes in EMX. Marshall Wace LLP acquired a new stake in EMX Royalty during the second quarter valued at $33,000. BNP Paribas Financial Markets grew its position in shares of EMX Royalty by 26.3% in the third quarter. BNP Paribas Financial Markets now owns 77,900 shares of the company’s stock valued at $139,000 after purchasing an additional 16,200 shares during the period. Finally, Ullmann Wealth Partners Group LLC acquired a new stake in shares of EMX Royalty in the fourth quarter valued at about $35,000. Institutional investors and hedge funds own 21.54% of the company’s stock.

EMX Royalty Stock Performance

NYSEAMERICAN:EMX opened at $1.72 on Thursday. The firm has a market capitalization of $190.30 million, a PE ratio of -43.00 and a beta of 0.80. EMX Royalty has a 1-year low of $1.41 and a 1-year high of $2.15. The company has a current ratio of 13.15, a quick ratio of 13.15 and a debt-to-equity ratio of 0.30.

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.