EMX Royalty (NYSEAMERICAN:EMX) Shares Up 1.2% – What’s Next?

EMX Royalty Corp. (NYSEAMERICAN:EMX)’s stock price traded up 1.2% on Tuesday . The company traded as high as $4.20 and last traded at $4.10. Approximately 567,941 shares traded hands during mid-day trading, a decline of 10% from the average session volume of 630,248 shares. The stock had previously closed at $4.05.

EMX Royalty Stock Up 1.2%

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

Hedge Funds Weigh In On EMX Royalty

A number of institutional investors and hedge funds have recently added to or reduced their stakes in EMX. Marshall Wace LLP raised its stake in shares of EMX Royalty by 11.2% in the 3rd quarter. Marshall Wace LLP now owns 1,451,019 shares of the company’s stock worth $7,473,000 after buying an additional 146,510 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in shares of EMX Royalty by 128.2% in the third quarter. Arrowstreet Capital Limited Partnership now owns 871,183 shares of the company’s stock valued at $4,481,000 after buying an additional 489,488 shares during the period. Two Sigma Investments LP bought a new position in EMX Royalty during the third quarter valued at about $2,285,000. Bank of America Corp DE boosted its stake in EMX Royalty by 41.4% during the third quarter. Bank of America Corp DE now owns 376,750 shares of the company’s stock valued at $1,940,000 after buying an additional 110,246 shares in the last quarter. Finally, Man Group plc boosted its stake in EMX Royalty by 136.7% during the second quarter. Man Group plc now owns 368,949 shares of the company’s stock valued at $930,000 after buying an additional 213,045 shares in the last quarter. 21.54% of the stock is owned by institutional investors.

EMX Royalty Company Profile

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.