EMX Royalty Co. (NYSEAMERICAN:EMX – Free Report) – Equities researchers at HC Wainwright lowered their FY2025 earnings estimates for EMX Royalty in a report issued on Wednesday, October 23rd. HC Wainwright analyst H. Ihle now forecasts that the company will post earnings per share of $0.00 for the year, down from their prior forecast of $0.01. HC Wainwright currently has a “Buy” rating and a $6.75 price target on the stock. The consensus estimate for EMX Royalty’s current full-year earnings is ($0.03) per share.
Separately, National Bank Financial initiated coverage on shares of EMX Royalty in a research report on Tuesday. They set an “outperform” rating for the company.
EMX Royalty Trading Down 3.7 %
NYSEAMERICAN:EMX opened at $1.94 on Thursday. EMX Royalty has a 52-week low of $1.41 and a 52-week high of $2.15. The stock has a market cap of $219.04 million, a P/E ratio of -64.50 and a beta of 0.84.
EMX Royalty (NYSEAMERICAN:EMX – Get Free Report) last issued its quarterly earnings results on Monday, August 12th. The company reported ($0.04) earnings per share (EPS) for the quarter. The firm had revenue of $6.01 million for the quarter. EMX Royalty had a negative net margin of 7.44% and a negative return on equity of 2.05%.
Institutional Investors Weigh In On EMX Royalty
Several hedge funds have recently modified their holdings of EMX. Virtu Financial LLC lifted its position in shares of EMX Royalty by 509.6% in the 1st quarter. Virtu Financial LLC now owns 115,447 shares of the company’s stock valued at $199,000 after acquiring an additional 96,508 shares in the last quarter. Kings Path Partners LLC acquired a new stake in shares of EMX Royalty in the second quarter worth $33,000. Marshall Wace LLP purchased a new position in shares of EMX Royalty during the second quarter valued at $33,000. Finally, BNP Paribas Financial Markets raised its position in EMX Royalty by 817.6% during the first quarter. BNP Paribas Financial Markets now owns 15,600 shares of the company’s stock valued at $27,000 after buying an additional 13,900 shares during the period. 21.54% of the stock is owned by hedge funds and other institutional investors.
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.
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