EMX Royalty (NYSEAMERICAN:EMX) Receives “Buy” Rating from HC Wainwright

HC Wainwright reiterated their buy rating on shares of EMX Royalty (NYSEAMERICAN:EMX) in a report issued on Friday,Benzinga reports. They currently have a $7.00 price objective on the stock.

Separately, National Bank Financial began coverage on shares of EMX Royalty in a research note on Tuesday, October 22nd. They issued an “outperform” rating for the company.

EMX Royalty Stock Up 4.2 %

NYSEAMERICAN:EMX opened at $1.75 on Friday. The company has a current ratio of 13.15, a quick ratio of 13.15 and a debt-to-equity ratio of 0.30. The stock has a market capitalization of $193.62 million, a P/E ratio of -43.75 and a beta of 0.80. EMX Royalty has a twelve month low of $1.41 and a twelve month high of $2.15.

Hedge Funds Weigh In On EMX Royalty

A hedge fund recently bought a new stake in EMX Royalty stock. Marshall Wace LLP acquired a new position in EMX Royalty Co. (NYSEAMERICAN:EMX) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 18,374 shares of the company’s stock, valued at approximately $33,000. Hedge funds and other 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.