EMX Royalty (CVE:EMX) Sets New 12-Month High - Still a Buy?

EMX Royalty Co. (CVE:EMX - Get Free Report) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$3.66 and last traded at C$3.60, with a volume of 170180 shares changing hands. The stock had previously closed at C$3.43.

Wall Street Analysts Forecast Growth

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

EMX Royalty Price Performance

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 firm has a market cap of C$281.69 million, a price-to-earnings ratio of -79.06 and a beta of 0.85. The company's 50-day moving average is C$3.18 and its 200-day moving average is C$2.81.

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.

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