EMX Royalty Corp. (NYSEAMERICAN:EMX) Shares Purchased by Medici Capital LLC

Medici Capital LLC increased its holdings in shares of EMX Royalty Corp. (NYSEAMERICAN:EMX - Free Report) by 46.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,000,850 shares of the company's stock after acquiring an additional 633,850 shares during the quarter. EMX Royalty makes up approximately 5.0% of Medici Capital LLC's holdings, making the stock its 5th biggest holding. Medici Capital LLC owned 1.84% of EMX Royalty worth $4,088,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Millennium Management LLC increased its stake in shares of EMX Royalty by 162.3% in the fourth quarter. Millennium Management LLC now owns 68,059 shares of the company's stock valued at $118,000 after purchasing an additional 42,110 shares during the period. Eagle Global Advisors LLC acquired a new position in EMX Royalty during the 4th quarter worth $201,000. BNP Paribas Financial Markets grew its stake in shares of EMX Royalty by 12.6% in the fourth quarter. BNP Paribas Financial Markets now owns 87,700 shares of the company's stock worth $152,000 after purchasing an additional 9,800 shares in the last quarter. Marshall Wace LLP acquired a new position in shares of EMX Royalty during the fourth quarter valued at $61,000. Finally, Investment Counsel Co. of Nevada acquired a new stake in EMX Royalty in the fourth quarter worth about $33,000. Institutional investors and hedge funds own 21.54% of the company's stock.

EMX Royalty Stock Performance

EMX traded down $0.03 during midday trading on Friday, reaching $2.41. The company's stock had a trading volume of 368,812 shares, compared to its average volume of 335,422. EMX Royalty Corp. has a twelve month low of $1.59 and a twelve month high of $2.50. The company has a fifty day simple moving average of $2.27 and a 200 day simple moving average of $1.94. The stock has a market cap of $261.15 million, a P/E ratio of 241.24 and a beta of 0.37. The company has a current ratio of 8.56, a quick ratio of 8.56 and a debt-to-equity ratio of 0.30.

Analysts Set New Price Targets

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

EMX Royalty 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.