EMX Royalty (CVE:EMX) Shares Up 2.4% - What's Next?

Key Points

• Shares of EMX Royalty Co. increased by 2.4%, reaching a last traded price of C$6.49.
• National Bankshares has upgraded its target price for the stock from C$5.25 to C$5.75, maintaining an "outperform" rating.
• The company has a market cap of C$707.18 million and a PE ratio of 129.80, indicating a strong presence in the metals and minerals sector.

Shares of EMX Royalty Co. (CVE:EMX - Get Free Report) were up 2.4% during mid-day trading on Monday . The company traded as high as C$6.63 and last traded at C$6.49. Approximately 85,131 shares were traded during trading, an increase of 23% from the average daily volume of 69,414 shares. The stock had previously closed at C$6.34.

Analyst Ratings Changes

Separately, National Bankshares lifted 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 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, the stock currently has an average rating of "Strong Buy" and an average target price of C$5.75.

EMX Royalty Stock Up 2.4%

The firm has a market cap of C$707.18 million, a PE ratio of 129.80 and a beta of 0.40. The company has a 50-day simple moving average of C$5.82 and a 200-day simple moving average of C$4.24. The company has a debt-to-equity ratio of 29.62, a current ratio of 13.15 and a quick ratio of 4.65.

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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