EMX Royalty (CVE:EMX) Sets New 12-Month High - Should You Buy?

Key Points

• EMX Royalty reached a new 12-month high with shares trading at C$5.70, marking a significant increase in value.
• National Bankshares raised its price target for EMX Royalty from C$5.25 to C$5.75, affirming an "outperform" rating for the stock.
• The company currently holds a market capitalization of C$632.58 million, with an average rating of "Strong Buy" from analysts.

EMX Royalty Co. (CVE:EMX - Get Free Report)'s share price hit a new 52-week high on Monday . The stock traded as high as C$5.70 and last traded at C$5.68, with a volume of 7423 shares trading hands. The stock had previously closed at C$5.63.

Analyst Ratings Changes

Separately, National Bankshares boosted their price objective on EMX Royalty from C$5.25 to C$5.75 and gave the company an "outperform" rating in a report on Wednesday, August 13th. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Strong Buy" and an average price target of C$5.75.

EMX Royalty Price Performance

The company has a market capitalization of C$631.62 million, a P/E ratio of 116.00 and a beta of -0.05. The company has a fifty day moving average price of C$4.50 and a 200 day moving average price of C$3.52. The company has a debt-to-equity ratio of 29.62, a current ratio of 13.15 and a quick ratio of 4.65.

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.