Euro Pacific Asset Management LLC Lowers Stock Holdings in EMX Royalty Co. (NYSEAMERICAN:EMX)

Euro Pacific Asset Management LLC lowered its stake in shares of EMX Royalty Co. (NYSEAMERICAN:EMX - Free Report) by 20.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,784,546 shares of the company's stock after selling 450,000 shares during the period. Euro Pacific Asset Management LLC owned 1.58% of EMX Royalty worth $3,176,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. BNP Paribas Financial Markets increased its stake in EMX Royalty by 817.6% in the first 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. Marshall Wace LLP bought a new position in EMX Royalty in the second quarter valued at $33,000. Kings Path Partners LLC bought a new position in EMX Royalty in the second quarter valued at $33,000. Finally, Virtu Financial LLC increased its stake in EMX Royalty by 509.6% in the first 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. Hedge funds and other institutional investors own 21.54% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the company. HC Wainwright raised their price objective on EMX Royalty from $6.75 to $7.00 and gave the company a "buy" rating in a research note on Tuesday. National Bank Financial assumed coverage on EMX Royalty in a research note on Tuesday, October 22nd. They set an "outperform" rating on the stock.

EMX Royalty Stock Performance

EMX traded down $0.03 on Friday, hitting $1.73. The company had a trading volume of 338,722 shares, compared to its average volume of 286,393. 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 52-week low of $1.41 and a 52-week high of $2.15. The firm has a market capitalization of $191.82 million, a PE ratio of -43.63 and a beta of 0.84.

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.