Short Interest in EMX Royalty Co. (NYSEAMERICAN:EMX) Expands By 51.2%

EMX Royalty Co. (NYSEAMERICAN:EMX) was the target of a large growth in short interest during the month of August. As of August 31st, there was short interest totalling 37,800 shares, a growth of 51.2% from the August 15th total of 25,000 shares. Based on an average trading volume of 256,500 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. BNP Paribas Financial Markets grew its position in EMX Royalty by 817.6% during the first 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. Marshall Wace LLP acquired a new stake in shares of EMX Royalty during the 2nd quarter valued at $33,000. Kings Path Partners LLC acquired a new stake in shares of EMX Royalty during the 2nd quarter valued at $33,000. Finally, Virtu Financial LLC boosted 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 acquiring an additional 96,508 shares in the last quarter. 21.54% of the stock is owned by institutional investors and hedge funds.

EMX Royalty Trading Up 4.6 %

Shares of NYSEAMERICAN:EMX opened at $1.81 on Monday. The company has a market cap of $204.89 million, a PE ratio of -60.33 and a beta of 0.84. EMX Royalty has a 1-year low of $1.41 and a 1-year high of $2.15.

EMX Royalty (NYSEAMERICAN:EMX) last released 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 for the quarter. EMX Royalty had a negative return on equity of 2.05% and a negative net margin of 7.44%. Research analysts expect that EMX Royalty will post -0.03 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright reduced their target price on EMX Royalty from $6.75 to $6.50 and set a “buy” rating for the company in a report on Wednesday, August 14th.

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.