EMX Royalty Co. (NYSEAMERICAN:EMX) Short Interest Down 58.5% in March

EMX Royalty Co. (NYSEAMERICAN:EMX - Get Free Report) saw a large decrease in short interest in the month of March. As of March 31st, there was short interest totalling 93,200 shares, a decrease of 58.5% from the March 15th total of 224,800 shares. Currently, 0.1% of the company's shares are sold short. Based on an average daily volume of 402,300 shares, the short-interest ratio is presently 0.2 days.

EMX Royalty Trading Down 1.4 %

NYSEAMERICAN:EMX traded down $0.03 during mid-day trading on Friday, hitting $2.16. The company had a trading volume of 440,381 shares, compared to its average volume of 322,228. The company has a debt-to-equity ratio of 0.30, a quick ratio of 13.15 and a current ratio of 13.15. EMX Royalty has a fifty-two week low of $1.59 and a fifty-two week high of $2.20. The firm has a market cap of $235.01 million, a P/E ratio of -54.00 and a beta of 0.81. The business's fifty day moving average is $1.91 and its two-hundred day moving average is $1.82.

Analyst Ratings Changes

Separately, HC Wainwright reduced their price objective on shares of EMX Royalty from $7.00 to $5.00 and set a "buy" rating on the stock in a research note on Friday, March 14th.

Institutional Trading of EMX Royalty

A number of hedge funds have recently modified their holdings of EMX. Apollon Wealth Management LLC bought a new position in EMX Royalty during the fourth quarter worth about $25,000. Sage Investment Counsel LLC acquired a new position in shares of EMX Royalty in the 4th quarter valued at approximately $26,000. Investment Counsel Co. of Nevada bought a new stake in EMX Royalty during the 4th quarter worth approximately $33,000. Ullmann Wealth Partners Group LLC acquired a new stake in EMX Royalty during the 4th quarter worth approximately $35,000. Finally, Meixler Investment Management Ltd. bought a new position in EMX Royalty in the fourth quarter valued at approximately $56,000. 21.54% of the stock is currently owned by institutional investors and hedge funds.

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.