EMX Royalty (CVE:EMX) Sets New 1-Year High - Should You Buy?

Key Points

• EMX Royalty's shares reached a new 12-month high, trading at C$4.34, with the last trade at C$4.17 amid a volume of 30,430 shares.
• The National Bankshares upgraded their target price for EMX Royalty from C$4.50 to C$4.75, giving the company an "outperform" rating.
• EMX Royalty has a market capitalization of C$326.29 million and notable debt-to-equity ratio of 29.62, indicating financial leverage in its operations.

EMX Royalty Co. (CVE:EMX - Get Free Report) shares reached a new 52-week high during mid-day trading on Monday . The company traded as high as C$4.34 and last traded at C$4.17, with a volume of 30430 shares. The stock had previously closed at C$4.32.

Wall Street Analyst Weigh In

Separately, National Bankshares lifted their target price on EMX Royalty from C$4.50 to C$4.75 and gave the stock an "outperform" rating in a research note on Thursday, May 22nd.

EMX Royalty Stock Down 0.5%

The stock has a 50 day moving average of C$3.60 and a 200-day moving average of C$3.04. The firm has a market capitalization of C$319.25 million, a P/E ratio of -89.60 and a beta of 0.85. The company has a debt-to-equity ratio of 29.62, a quick ratio of 4.65 and a current ratio of 13.15.

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.