EMX Royalty (CVE:EMX) Sets New 12-Month High – Here’s What Happened

EMX Royalty Co. (CVE:EMX) reached a new 52-week high on Monday . The stock traded as high as C$7.13 and last traded at C$7.08, with a volume of 325319 shares trading hands. The stock had previously closed at C$6.64.

Analyst Upgrades and Downgrades

Separately, National Bankshares boosted their price objective on shares of EMX Royalty from C$5.25 to C$5.75 and gave the stock an “outperform” rating in a research note on Wednesday, August 13th. One analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Strong Buy” and a consensus target price of C$5.75.

EMX Royalty Trading Up 5.3%

The stock has a market capitalization of C$761.36 million, a P/E ratio of 139.80 and a beta of -0.05. The company has a quick ratio of 4.65, a current ratio of 13.15 and a debt-to-equity ratio of 29.62. The firm’s 50-day simple moving average is C$4.93 and its 200 day simple moving average is C$3.78.

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.