EMX Royalty (NYSEAMERICAN:EMX) Given “Buy” Rating at HC Wainwright

HC Wainwright reissued their buy rating on shares of EMX Royalty (NYSEAMERICAN:EMX) in a research report sent to investors on Friday,Benzinga reports. HC Wainwright currently has a $7.00 price target on the stock.

Separately, National Bank Financial initiated coverage on shares of EMX Royalty in a research note on Tuesday, October 22nd. They issued an “outperform” rating on the stock.

EMX Royalty Trading Up 4.2 %

Shares of EMX stock opened at $1.75 on Friday. The company has a current ratio of 13.15, a quick ratio of 13.15 and a debt-to-equity ratio of 0.30. The company has a market cap of $193.62 million, a PE ratio of -43.75 and a beta of 0.80. EMX Royalty has a 1 year low of $1.41 and a 1 year high of $2.15.

Hedge Funds Weigh In On EMX Royalty

A hedge fund recently raised its stake in EMX Royalty stock. BNP Paribas Financial Markets raised its holdings in EMX Royalty Co. (NYSEAMERICAN:EMX) by 26.3% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 77,900 shares of the company’s stock after purchasing an additional 16,200 shares during the period. BNP Paribas Financial Markets owned approximately 0.07% of EMX Royalty worth $139,000 at the end of the most recent quarter. 21.54% of the stock is currently owned by 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.