EMX Royalty (CVE:EMX) Stock Price Down 1.7% – Here’s What Happened

Shares of EMX Royalty Co. (CVE:EMX) dropped 1.7% on Monday . The company traded as low as C$5.65 and last traded at C$5.70. Approximately 64,640 shares changed hands during trading, a decline of 5% from the average daily volume of 68,303 shares. The stock had previously closed at C$5.80.

Analyst Upgrades and Downgrades

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

EMX Royalty Stock Down 1.7%

The company has a current ratio of 13.15, a quick ratio of 4.65 and a debt-to-equity ratio of 29.62. The firm’s fifty day moving average price is C$6.16 and its 200-day moving average price is C$4.84. The company has a market cap of C$621.09 million, a price-to-earnings ratio of 114.00 and a beta of 0.58.

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.