EMX Royalty (NYSEAMERICAN:EMX) Coverage Initiated by Analysts at National Bank Financial

National Bank Financial started coverage on shares of EMX Royalty (NYSEAMERICAN:EMX) in a research report sent to investors on Tuesday morning, Marketbeat Ratings reports. The brokerage issued an outperform rating on the stock.

Separately, HC Wainwright decreased their target price on shares of EMX Royalty from $6.75 to $6.50 and set a “buy” rating on the stock in a research report on Wednesday, August 14th.

EMX Royalty Stock Up 1.3 %

Shares of EMX opened at $2.02 on Tuesday. EMX Royalty has a 12-month low of $1.41 and a 12-month high of $2.15. The stock has a market capitalization of $228.10 million, a P/E ratio of -67.17 and a beta of 0.84.

EMX Royalty (NYSEAMERICAN:EMX) last announced its quarterly earnings data on Monday, August 12th. The company reported ($0.04) earnings per share (EPS) for the quarter. EMX Royalty had a negative net margin of 7.44% and a negative return on equity of 2.05%. The firm had revenue of $6.01 million during the quarter. Equities research analysts anticipate that EMX Royalty will post -0.03 EPS for the current year.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Marshall Wace LLP acquired a new stake in shares of EMX Royalty during the second quarter worth about $33,000. Kings Path Partners LLC acquired a new stake in shares of EMX Royalty during the second quarter worth about $33,000. Virtu Financial LLC lifted its position in shares of EMX Royalty by 509.6% during the first quarter. Virtu Financial LLC now owns 115,447 shares of the company’s stock worth $199,000 after purchasing an additional 96,508 shares in the last quarter. Finally, BNP Paribas Financial Markets lifted its position in shares of 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 purchasing an additional 13,900 shares in the last quarter. Institutional investors and hedge funds own 21.54% of the company’s stock.

EMX Royalty Company Profile

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.