EMX Royalty Co. (NYSEAMERICAN:EMX) Short Interest Update

EMX Royalty Co. (NYSEAMERICAN:EMX - Get Free Report) saw a significant drop in short interest in May. As of May 15th, there was short interest totalling 76,900 shares, a drop of 63.9% from the April 30th total of 213,100 shares. Based on an average daily volume of 472,700 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the company's shares are short sold.

EMX Royalty Price Performance

Shares of EMX stock traded up $0.02 on Tuesday, reaching $2.44. The company's stock had a trading volume of 363,646 shares, compared to its average volume of 331,906. The company has a market capitalization of $265.47 million, a P/E ratio of -61.00 and a beta of 0.81. EMX Royalty has a 12-month low of $1.59 and a 12-month high of $2.49. The stock's 50 day simple moving average is $2.14 and its 200-day simple moving average is $1.89. The company has a quick ratio of 13.15, a current ratio of 13.15 and a debt-to-equity ratio of 0.30.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Sprott Inc. boosted its holdings in EMX Royalty by 31.4% in the fourth quarter. Sprott Inc. now owns 3,014,481 shares of the company's stock worth $5,219,000 after purchasing an additional 720,458 shares during the last quarter. Medici Capital LLC boosted its position in EMX Royalty by 46.4% in the first quarter. Medici Capital LLC now owns 2,000,850 shares of the company's stock worth $4,088,000 after purchasing an additional 633,850 shares during the last quarter. Privium Fund Management B.V. bought a new stake in shares of EMX Royalty during the 4th quarter valued at about $375,000. Cambridge Investment Research Advisors Inc. increased its position in shares of EMX Royalty by 3.1% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 182,766 shares of the company's stock valued at $373,000 after purchasing an additional 5,426 shares during the last quarter. Finally, Eagle Global Advisors LLC increased its position in shares of EMX Royalty by 5.2% during the 1st quarter. Eagle Global Advisors LLC now owns 121,900 shares of the company's stock valued at $249,000 after purchasing an additional 6,000 shares during the last quarter. 21.54% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, HC Wainwright decreased their price target on EMX Royalty from $7.00 to $5.00 and set a "buy" rating on the stock in a research report on Friday, March 14th.

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.