Private Advisor Group LLC Cuts Holdings in EMX Royalty Co. (NYSEAMERICAN:EMX)

Private Advisor Group LLC trimmed its position in EMX Royalty Co. (NYSEAMERICAN:EMX - Free Report) by 48.6% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 182,584 shares of the company's stock after selling 172,798 shares during the period. Private Advisor Group LLC owned about 0.17% of EMX Royalty worth $316,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in EMX. Meixler Investment Management Ltd. bought a new position in EMX Royalty during the fourth quarter valued at about $56,000. Apollon Wealth Management LLC bought a new position in EMX Royalty during the fourth quarter valued at about $25,000. Ullmann Wealth Partners Group LLC bought a new position in EMX Royalty during the fourth quarter valued at about $35,000. Finally, BNP Paribas Financial Markets grew its stake in shares of EMX Royalty by 26.3% during the 3rd quarter. BNP Paribas Financial Markets now owns 77,900 shares of the company's stock worth $139,000 after acquiring an additional 16,200 shares during the period. 21.54% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright reiterated a "buy" rating and set a $7.00 price target on shares of EMX Royalty in a research note on Friday, January 10th.

EMX Royalty Trading Up 0.6 %

Shares of NYSEAMERICAN EMX traded up $0.01 during mid-day trading on Friday, hitting $1.77. The company had a trading volume of 167,096 shares, compared to its average volume of 303,039. The business's 50-day simple moving average is $1.76. The firm has a market capitalization of $192.58 million, a P/E ratio of -44.25 and a beta of 0.81. The company has a debt-to-equity ratio of 0.30, a current ratio of 13.15 and a quick ratio of 13.15. EMX Royalty Co. has a 1 year low of $1.59 and a 1 year high of $2.15.

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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.