FY2024 EPS Estimates for EMX Royalty Increased by Analyst

EMX Royalty Co. (NYSEAMERICAN:EMX) – Analysts at National Bank Financial increased their FY2024 earnings per share estimates for EMX Royalty in a note issued to investors on Monday, February 10th. National Bank Financial analyst S. Nagle now anticipates that the company will post earnings of ($0.02) per share for the year, up from their previous estimate of ($0.05). National Bank Financial currently has a “Outperform” rating on the stock. The consensus estimate for EMX Royalty’s current full-year earnings is ($0.05) per share.

Separately, HC Wainwright reiterated a “buy” rating and issued a $7.00 price target on shares of EMX Royalty in a research note on Friday, January 10th.

EMX Royalty Trading Down 0.5 %

Shares of EMX stock opened at $1.87 on Thursday. The company has a debt-to-equity ratio of 0.30, a current ratio of 13.15 and a quick ratio of 13.15. The company has a market capitalization of $206.22 million, a P/E ratio of -46.75 and a beta of 0.81. EMX Royalty has a 1 year low of $1.43 and a 1 year high of $2.15.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in EMX. Sprott Inc. increased its holdings in shares of EMX Royalty by 31.4% during the fourth quarter. Sprott Inc. now owns 3,014,481 shares of the company’s stock worth $5,219,000 after buying an additional 720,458 shares in the last quarter. Privium Fund Management B.V. acquired a new position in shares of EMX Royalty during the fourth quarter worth $375,000. Virtu Financial LLC increased its holdings in shares of EMX Royalty by 161.0% during the fourth quarter. Virtu Financial LLC now owns 90,500 shares of the company’s stock worth $157,000 after buying an additional 55,827 shares in the last quarter. BNP Paribas Financial Markets increased its holdings in shares of 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 in the last quarter. Finally, Marshall Wace LLP acquired a new position in shares of EMX Royalty during the fourth quarter worth $61,000. 21.54% of the stock is currently owned by institutional investors and hedge funds.

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.