EMX Royalty (NYSEAMERICAN:EMX) Stock Price Up 1.2% – Here’s Why

EMX Royalty Corp. (NYSEAMERICAN:EMX)’s stock price traded up 1.2% during mid-day trading on Tuesday . The company traded as high as $4.20 and last traded at $4.10. 567,941 shares changed hands during mid-day trading, an increase of 2% from the average session volume of 557,344 shares. The stock had previously closed at $4.05.

EMX Royalty Price Performance

The company has a market capitalization of $450.18 million, a P/E ratio of 68.34 and a beta of 0.33. The stock’s fifty day simple moving average is $4.10 and its 200-day simple moving average is $4.22. The company has a debt-to-equity ratio of 0.21, a current ratio of 7.86 and a quick ratio of 7.86.

Institutional Investors Weigh In On EMX Royalty

Hedge funds have recently modified their holdings of the business. JPMorgan Chase & Co. bought a new position in EMX Royalty during the third quarter worth $37,000. National Bank of Canada FI acquired a new stake in EMX Royalty in the 3rd quarter worth $63,000. Jane Street Group LLC bought a new position in shares of EMX Royalty during the 1st quarter worth about $30,000. Sequoia Financial Advisors LLC acquired a new position in shares of EMX Royalty during the third quarter valued at about $101,000. Finally, Alpine Global Management LLC bought a new stake in shares of EMX Royalty in the third quarter valued at about $103,000. 21.54% of the stock is owned by institutional investors.

About EMX Royalty

EMX Royalty Corp. is a mineral royalty and streaming company that acquires, explores and manages royalty interests in precious, base and battery metal properties around the world. Listed on the NYSE American exchange under the ticker EMX, the company pursues a strategy of building a diversified portfolio of royalties and streams by providing capital and technical expertise to explorers and developers in exchange for royalty interests.

Through joint ventures, option agreements and direct acquisitions, EMX Royalty has assembled a portfolio of more than 300 royalty and stream interests across four continents.