EMX Royalty's (EMX) Buy Rating Reiterated at HC Wainwright

EMX Royalty (NYSEAMERICAN:EMX - Get Free Report)'s stock had its "buy" rating reissued by investment analysts at HC Wainwright in a research note issued to investors on Friday,Benzinga reports. They currently have a $7.00 price target on the stock. HC Wainwright's price target points to a potential upside of 300.00% from the company's current price.

Separately, National Bank Financial started coverage on EMX Royalty in a research note on Tuesday, October 22nd. They set an "outperform" rating on the stock.

EMX Royalty Stock Performance

Shares of EMX Royalty stock traded up $0.07 during trading on Friday, hitting $1.75. 592,027 shares of the stock traded hands, compared to its average volume of 344,338. The company has a current ratio of 13.15, a quick ratio of 13.15 and a debt-to-equity ratio of 0.30. The firm has a market cap of $193.62 million, a P/E ratio of -43.75 and a beta of 0.80. EMX Royalty has a 52-week low of $1.41 and a 52-week high of $2.15.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in EMX Royalty stock. BNP Paribas Financial Markets grew its holdings in shares of EMX Royalty Co. (NYSEAMERICAN:EMX - Free Report) by 26.3% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 77,900 shares of the company's stock after purchasing an additional 16,200 shares during the period. BNP Paribas Financial Markets owned about 0.07% of EMX Royalty worth $139,000 as of its most recent SEC filing. Institutional investors and hedge funds own 21.54% of the company's stock.

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.