EMX Royalty (NYSEAMERICAN:EMX) Stock Price Down 4.6% - Time to Sell?

Shares of EMX Royalty Corp. (NYSEAMERICAN:EMX - Get Free Report) fell 4.6% on Tuesday . The company traded as low as $2.67 and last traded at $2.69. 666,332 shares traded hands during mid-day trading, an increase of 93% from the average session volume of 344,508 shares. The stock had previously closed at $2.82.

Analyst Upgrades and Downgrades

Separately, HC Wainwright reduced their price target on EMX Royalty from $7.00 to $5.00 and set a "buy" rating on the stock in a research report on Friday, March 14th.

EMX Royalty Price Performance

The company has a debt-to-equity ratio of 0.30, a quick ratio of 8.56 and a current ratio of 8.56. The company has a market capitalization of $305.70 million, a price-to-earnings ratio of 280.28 and a beta of 0.38. The company has a 50-day moving average price of $2.38 and a 200-day moving average price of $2.01.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Medici Capital LLC increased its stake in EMX Royalty by 5.4% during the 2nd quarter. Medici Capital LLC now owns 2,107,927 shares of the company's stock worth $5,300,000 after purchasing an additional 107,077 shares in the last quarter. Privium Fund Management B.V. bought a new stake in shares of EMX Royalty during the fourth quarter worth $375,000. Cambridge Investment Research Advisors Inc. raised its holdings in shares of EMX Royalty by 3.1% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 182,766 shares of the company's stock worth $373,000 after acquiring an additional 5,426 shares during the period. Eagle Global Advisors LLC raised its holdings in shares of EMX Royalty by 5.2% during the first quarter. Eagle Global Advisors LLC now owns 121,900 shares of the company's stock worth $249,000 after acquiring an additional 6,000 shares during the period. Finally, Virtu Financial LLC lifted its position in EMX Royalty by 161.0% in the 4th quarter. Virtu Financial LLC now owns 90,500 shares of the company's stock valued at $157,000 after acquiring an additional 55,827 shares in the last quarter. Institutional investors and hedge funds own 21.54% of the company's stock.

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.