EMX Royalty (CVE:EMX) Lifted to Strong-Buy at National Bank Financial

National Bank Financial upgraded shares of EMX Royalty (CVE:EMX) to a strong-buy rating in a report issued on Monday, Zacks.com reports.

EMX Royalty Trading Down 3.6 %

CVE EMX opened at C$2.68 on Monday. The firm’s 50 day moving average price is C$2.42 and its two-hundred day moving average price is C$2.51. The company has a debt-to-equity ratio of 28.76, a quick ratio of 4.65 and a current ratio of 0.94. EMX Royalty has a twelve month low of C$1.91 and a twelve month high of C$2.92. The stock has a market cap of C$304.26 million, a price-to-earnings ratio of -89.33 and a beta of 0.85.

EMX Royalty (CVE:EMX) last issued its quarterly earnings results on Monday, August 12th. The company reported C($0.05) earnings per share for the quarter. The business had revenue of C$8.22 million for the quarter. EMX Royalty had a negative net margin of 7.44% and a negative return on equity of 2.11%. Equities analysts anticipate that EMX Royalty will post 0.01014 EPS for the current year.

Insider Activity

In related news, Director David M. Cole purchased 200,000 shares of the firm’s stock in a transaction that occurred on Thursday, October 3rd. The stock was acquired at an average cost of C$2.05 per share, for a total transaction of C$410,000.00. In related news, Director David M. Cole purchased 200,000 shares of the company’s stock in a transaction dated Thursday, October 3rd. The shares were acquired at an average cost of C$2.05 per share, with a total value of C$410,000.00. Also, Senior Officer Christina Cepeliauskas sold 20,000 shares of EMX Royalty stock in a transaction on Wednesday, October 16th. The shares were sold at an average price of C$2.57, for a total value of C$51,424.00. 18.66% of the stock is owned by corporate insiders.

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.