EMX Royalty FY2025 EPS Forecast Reduced by HC Wainwright

EMX Royalty Co. (NYSEAMERICAN:EMX - Free Report) - Investment analysts at HC Wainwright lowered their FY2025 EPS estimates for shares of EMX Royalty in a research note issued on Wednesday, October 23rd. HC Wainwright analyst H. Ihle now expects that the company will post earnings of $0.00 per share for the year, down from their prior forecast of $0.01. HC Wainwright currently has a "Buy" rating and a $6.75 target price on the stock. The consensus estimate for EMX Royalty's current full-year earnings is ($0.03) per share.

Separately, National Bank Financial began coverage on shares of EMX Royalty in a research note on Tuesday. They issued an "outperform" rating on the stock.

EMX Royalty Stock Up 0.5 %

EMX stock traded up $0.01 during mid-day trading on Thursday, hitting $1.96. The company had a trading volume of 224,496 shares, compared to its average volume of 284,335. The stock has a market cap of $221.87 million, a P/E ratio of -64.67 and a beta of 0.84. EMX Royalty has a 12-month low of $1.41 and a 12-month high of $2.15.

EMX Royalty (NYSEAMERICAN:EMX - Get Free Report) last issued its earnings results on Monday, August 12th. The company reported ($0.04) earnings per share for the quarter. The firm had revenue of $6.01 million during the quarter. EMX Royalty had a negative return on equity of 2.05% and a negative net margin of 7.44%.

Institutional Trading of EMX Royalty

Hedge funds have recently made changes to their positions in the business. BNP Paribas Financial Markets raised its position in shares of EMX Royalty by 817.6% during the 1st quarter. BNP Paribas Financial Markets now owns 15,600 shares of the company's stock valued at $27,000 after buying an additional 13,900 shares in the last quarter. Marshall Wace LLP purchased a new stake in shares of EMX Royalty during the 2nd quarter valued at about $33,000. Kings Path Partners LLC purchased a new stake in shares of EMX Royalty during the 2nd quarter valued at about $33,000. Finally, Virtu Financial LLC raised its position in shares of EMX Royalty by 509.6% during the 1st quarter. Virtu Financial LLC now owns 115,447 shares of the company's stock valued at $199,000 after buying an additional 96,508 shares in the last quarter. 21.54% of the stock is currently owned by hedge funds and other institutional investors.

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.