EMX Royalty (CVE:EMX) Upgraded at National Bank Financial

EMX Royalty (CVE:EMX) was upgraded by equities researchers at National Bank Financial to a “strong-buy” rating in a report released on Monday, Zacks.com reports.

EMX Royalty Price Performance

CVE:EMX opened at C$2.78 on Monday. EMX Royalty has a 52-week low of C$1.91 and a 52-week high of C$2.92. The company has a quick ratio of 4.65, a current ratio of 0.94 and a debt-to-equity ratio of 28.76. The firm has a market cap of C$315.61 million, a P/E ratio of -92.67 and a beta of 0.85. The business’s 50-day moving average price is C$2.41 and its 200 day moving average price is C$2.51.

EMX Royalty (CVE:EMX) last released its earnings results on Monday, August 12th. The company reported C($0.05) EPS for the quarter. EMX Royalty had a negative return on equity of 2.11% and a negative net margin of 7.44%. The business had revenue of C$8.22 million during the quarter. As a group, sell-side analysts predict that EMX Royalty will post 0.01014 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other EMX Royalty news, Director David M. Cole acquired 200,000 shares of the firm’s stock in a transaction on Thursday, October 3rd. The stock was purchased at an average cost of C$2.05 per share, for a total transaction of C$410,000.00. In related news, Senior Officer Christina Cepeliauskas sold 20,000 shares of the stock in a transaction that occurred on Wednesday, October 16th. The stock was sold at an average price of C$2.57, for a total value of C$51,424.00. Also, Director David M. Cole bought 200,000 shares of EMX Royalty stock in a transaction on Thursday, October 3rd. The stock was acquired at an average price of C$2.05 per share, with a total value of C$410,000.00. Corporate insiders own 18.66% 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.