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National Bankshares Issues Positive Forecast for EMX Royalty (CVE:EMX) Stock Price

EMX Royalty logo with Basic Materials background

Key Points

  • National Bankshares has increased the price target for EMX Royalty from C$5.25 to C$5.75, suggesting a potential upside of 26.65% from the stock's previous close.
  • EMX Royalty shares rose by 4.4%, trading at C$4.54, with a trading volume above its average.
  • The company has a market capitalization of C$355.24 million and focuses on exploring and generating royalties from various metals and minerals.
  • Five stocks we like better than EMX Royalty.

EMX Royalty (CVE:EMX - Free Report) had its price objective upped by National Bankshares from C$5.25 to C$5.75 in a report published on Wednesday,BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

EMX Royalty Stock Down 0.2%

Shares of CVE EMX traded down C$0.01 during midday trading on Wednesday, hitting C$4.58. 51,753 shares of the stock traded hands, compared to its average volume of 52,399. The company has a debt-to-equity ratio of 29.62, a quick ratio of 4.65 and a current ratio of 13.15. EMX Royalty has a one year low of C$2.16 and a one year high of C$4.65. The business has a 50 day moving average price of C$3.86 and a two-hundred day moving average price of C$3.20. The company has a market cap of C$358.37 million, a PE ratio of -100.59 and a beta of 0.85.

EMX Royalty Company Profile

(Get Free Report)

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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