EMX Royalty (CVE:EMX) Reaches New 52-Week High - What's Next?

Key Points

• EMX Royalty shares have hit a new 52-week high, trading at C$6.10, marking a significant increase from the previous closing price of C$5.91.
• National Bankshares raised their price target for EMX from C$5.25 to C$5.75, maintaining an "outperform" rating, reflecting strong analyst support with a consensus rating of "Strong Buy."
• The company has a robust market capitalization of C$665.51 million and notably low debt-to-equity ratio of 29.62, which highlights its financial stability.

EMX Royalty Co. (CVE:EMX - Get Free Report) hit a new 52-week high on Monday . The company traded as high as C$6.11 and last traded at C$6.10, with a volume of 162434 shares changing hands. The stock had previously closed at C$5.91.

Analyst Ratings Changes

Separately, National Bankshares raised 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 investment analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the company's stock. Based on data from MarketBeat.com, EMX Royalty has a consensus rating of "Strong Buy" and a consensus target price of C$5.75.

EMX Royalty Stock Up 2.8%

The company has a current ratio of 13.15, a quick ratio of 4.65 and a debt-to-equity ratio of 29.62. The stock has a 50 day simple moving average of C$4.74 and a 200 day simple moving average of C$3.67. The firm has a market capitalization of C$684.02 million, a PE ratio of 125.60 and a beta of -0.05.

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.