EMX Royalty Co. (NYSEAMERICAN:EMX) Short Interest Update

EMX Royalty Co. (NYSEAMERICAN:EMX) saw a significant growth in short interest in the month of June. As of June 15th, there was short interest totalling 169,100 shares, a growth of 6.5% from the May 31st total of 158,800 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 365,200 shares, the short-interest ratio is currently 0.5 days.

Institutional Trading of EMX Royalty

A number of institutional investors and hedge funds have recently bought and sold shares of EMX. BNP Paribas Financial Markets increased its holdings in EMX Royalty by 817.6% in the 1st quarter. BNP Paribas Financial Markets now owns 15,600 shares of the company’s stock worth $27,000 after buying an additional 13,900 shares in the last quarter. Anchor Investment Management LLC bought a new stake in EMX Royalty in the 4th quarter worth approximately $27,000. HTLF Bank purchased a new stake in EMX Royalty during the 4th quarter valued at $81,000. Virtu Financial LLC lifted its holdings 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 during the period. Finally, Euro Pacific Asset Management LLC lifted its holdings in shares of EMX Royalty by 316.1% during the 4th quarter. Euro Pacific Asset Management LLC now owns 5,426,971 shares of the company’s stock valued at $8,792,000 after buying an additional 4,122,716 shares during the period. 21.54% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright boosted their price target on shares of EMX Royalty from $6.50 to $6.75 and gave the stock a “buy” rating in a research note on Tuesday, May 14th.

EMX Royalty Price Performance

EMX opened at $1.83 on Wednesday. EMX Royalty has a 12-month low of $1.41 and a 12-month high of $2.15.

EMX Royalty (NYSEAMERICAN:EMX) last issued its quarterly earnings results on Monday, May 13th. The company reported ($0.02) earnings per share (EPS) for the quarter. EMX Royalty had a negative return on equity of 2.66% and a negative net margin of 10.40%. The business had revenue of $6.24 million during the quarter.

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.