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

Key Points

• EMX Royalty has reached a new 52-week high, trading at C$5.16, up from a previous close of C$4.96 with a trading volume of 20,164 shares.
• Analysts have raised the target price for EMX Royalty from C$5.25 to C$5.75, reflecting a positive outlook with an average rating of "Strong Buy."
• The company's strong financials include a current ratio of 13.15 and a market capitalization of C$576.96 million, suggesting solid liquidity and market position.

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$5.16 and last traded at C$5.16, with a volume of 20164 shares. The stock had previously closed at C$4.96.

Wall Street Analysts Forecast Growth

Separately, National Bankshares upped their target price on EMX Royalty from C$5.25 to C$5.75 and gave the stock an "outperform" rating in a report on Wednesday, August 13th. One equities research analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Strong Buy" and a consensus target price of C$5.75.

EMX Royalty Stock Up 6.8%

The company's fifty day simple moving average is C$4.29 and its 200-day simple moving average is C$3.42. 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 firm has a market capitalization of C$614.04 million, a PE ratio of 112.60 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.