Sprott Inc. lifted its stake in EMX Royalty Co. (NYSEAMERICAN:EMX - Free Report) by 31.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 3,014,481 shares of the company's stock after acquiring an additional 720,458 shares during the quarter. Sprott Inc. owned approximately 2.73% of EMX Royalty worth $5,219,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also modified their holdings of the company. Apollon Wealth Management LLC acquired a new stake in shares of EMX Royalty in the fourth quarter valued at about $25,000. Ullmann Wealth Partners Group LLC acquired a new position in EMX Royalty during the fourth quarter worth approximately $35,000. Meixler Investment Management Ltd. acquired a new position in EMX Royalty during the fourth quarter worth approximately $56,000. Finally, BNP Paribas Financial Markets increased its position in EMX Royalty by 26.3% during the third quarter. BNP Paribas Financial Markets now owns 77,900 shares of the company's stock worth $139,000 after buying an additional 16,200 shares during the last quarter. Institutional investors and hedge funds own 21.54% of the company's stock.
EMX Royalty Price Performance
NYSEAMERICAN EMX traded up $0.04 during trading on Friday, reaching $1.79. 648,770 shares of the company's stock were exchanged, compared to its average volume of 343,261. The company has a market cap of $194.75 million, a PE ratio of -44.75 and a beta of 0.81. The company has a quick ratio of 13.15, a current ratio of 13.15 and a debt-to-equity ratio of 0.30. EMX Royalty Co. has a fifty-two week low of $1.48 and a fifty-two week high of $2.15.
Analysts Set New Price Targets
Separately, HC Wainwright reissued a "buy" rating and set a $7.00 price target on shares of EMX Royalty in a research report on Friday, January 10th.
Check Out Our Latest Stock Report on EMX Royalty
EMX Royalty Profile
(
Free Report)
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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