EMX Royalty (CVE:EMX) Sets New 1-Year High - What's Next?

Key Points

• EMX Royalty shares have reached a new 52-week high, trading at C$4.35 with a volume of 41,885 shares.
• National Bankshares upgraded EMX Royalty's price target from C$4.50 to C$4.75 and rated it as "outperform."
• The company has a market capitalization of C$340.37 million and a debt-to-equity ratio of 29.62.

EMX Royalty Co. (CVE:EMX - Get Free Report)'s share price reached a new 52-week high on Tuesday . The company traded as high as C$4.35 and last traded at C$4.35, with a volume of 41885 shares. The stock had previously closed at C$4.26.

Wall Street Analysts Forecast Growth

Separately, National Bankshares increased their price target on shares of EMX Royalty from C$5.25 to C$5.75 and gave the stock an "outperform" rating in a report on Wednesday.

EMX Royalty Stock Performance

The stock's fifty day moving average price is C$3.83 and its 200 day moving average price is C$3.19. The company has a debt-to-equity ratio of 29.62, a current ratio of 13.15 and a quick ratio of 4.65. The stock has a market capitalization of C$359.15 million, a P/E ratio of -100.81 and a beta of 0.85.

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.