EMX Royalty (CVE:EMX) Sets New 52-Week High - Still a Buy?

EMX Royalty Co. (CVE:EMX - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Monday . The company traded as high as C$4.20 and last traded at C$4.07, with a volume of 29081 shares trading hands. The stock had previously closed at C$4.01.

Analysts Set New Price Targets

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

EMX Royalty Trading Up 1.2%

The company has a quick ratio of 4.65, a current ratio of 13.15 and a debt-to-equity ratio of 29.62. The stock has a fifty day simple moving average of C$3.38 and a 200 day simple moving average of C$2.94. The firm has a market capitalization of C$317.68 million, a P/E ratio of -89.17 and a beta of 0.85.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.