EMX Royalty Co. (NYSEAMERICAN:EMX) Sees Significant Growth in Short Interest

EMX Royalty Co. (NYSEAMERICAN:EMX - Get Free Report) was the target of a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 153,800 shares, an increase of 230.8% from the December 15th total of 46,500 shares. Currently, 0.2% of the company's stock are short sold. Based on an average daily volume of 279,800 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Investors Weigh In On EMX Royalty

An institutional investor recently bought a new position in EMX Royalty stock. Marshall Wace LLP purchased a new stake in shares of EMX Royalty Co. (NYSEAMERICAN:EMX - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 18,374 shares of the company's stock, valued at approximately $33,000. 21.54% of the stock is owned by institutional investors and hedge funds.

EMX Royalty Price Performance

NYSEAMERICAN EMX traded up $0.03 on Tuesday, reaching $1.72. 174,218 shares of the stock were exchanged, compared to its average volume of 310,377. The stock has a market cap of $190.30 million, a price-to-earnings ratio of -43.00 and a beta of 0.80. EMX Royalty has a one year low of $1.41 and a one year high of $2.15. The company has a current ratio of 13.15, a quick ratio of 13.15 and a debt-to-equity ratio of 0.30.

Analyst Ratings Changes

A number of research firms have recently commented on EMX. National Bank Financial assumed coverage on EMX Royalty in a research note on Tuesday, October 22nd. They issued an "outperform" rating on the stock. HC Wainwright restated a "buy" rating and set a $7.00 price objective on shares of EMX Royalty in a research note on Friday.

About EMX Royalty

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.