EMX Royalty (NYSEAMERICAN:EMX) Earns Buy Rating from HC Wainwright

EMX Royalty (NYSEAMERICAN:EMX)‘s stock had its “buy” rating reissued by research analysts at HC Wainwright in a note issued to investors on Friday,Benzinga reports. They presently have a $7.00 price target on the stock. HC Wainwright’s price objective would indicate a potential upside of 300.00% from the stock’s previous close.

Separately, National Bank Financial initiated coverage on shares of EMX Royalty in a report on Tuesday, October 22nd. They issued an “outperform” rating on the stock.

EMX Royalty Trading Up 4.2 %

Shares of NYSEAMERICAN EMX opened at $1.75 on Friday. EMX Royalty has a 52-week low of $1.41 and a 52-week high of $2.15. The company has a debt-to-equity ratio of 0.30, a quick ratio of 13.15 and a current ratio of 13.15. The company has a market capitalization of $193.62 million, a PE ratio of -43.75 and a beta of 0.80.

Institutional Trading of EMX Royalty

An institutional investor recently raised its position in EMX Royalty stock. BNP Paribas Financial Markets lifted its holdings in EMX Royalty Co. (NYSEAMERICAN:EMX) by 26.3% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 77,900 shares of the company’s stock after purchasing an additional 16,200 shares during the quarter. BNP Paribas Financial Markets owned 0.07% of EMX Royalty worth $139,000 at the end of the most recent quarter. Institutional investors own 21.54% of the company’s stock.

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.