EMX Royalty (NYSEAMERICAN:EMX - Free Report) had its price target cut by HC Wainwright from $7.00 to $5.00 in a research note published on Friday, MarketBeat.com reports. They currently have a buy rating on the stock.
EMX Royalty Stock Performance
EMX traded up $0.01 during trading on Friday, hitting $1.91. 402,382 shares of the stock were exchanged, compared to its average volume of 305,571. The company has a debt-to-equity ratio of 0.30, a quick ratio of 13.15 and a current ratio of 13.15. The stock has a 50 day moving average price of $1.77. The firm has a market capitalization of $207.81 million, a price-to-earnings ratio of -47.75 and a beta of 0.81. EMX Royalty has a 1 year low of $1.59 and a 1 year high of $2.15.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Apollon Wealth Management LLC purchased a new position in shares of EMX Royalty in the 4th quarter valued at $25,000. Sage Investment Counsel LLC bought a new stake in EMX Royalty during the fourth quarter valued at about $26,000. Investment Counsel Co. of Nevada purchased a new position in EMX Royalty in the fourth quarter valued at about $33,000. Ullmann Wealth Partners Group LLC bought a new position in EMX Royalty in the fourth quarter worth about $35,000. Finally, Meixler Investment Management Ltd. purchased a new stake in shares of EMX Royalty during the fourth quarter valued at about $56,000. 21.54% of the stock is currently owned by institutional investors.
About EMX Royalty
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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.
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