Short Interest in EMX Royalty Co. (NYSEAMERICAN:EMX) Grows By 308.0%

EMX Royalty Co. (NYSEAMERICAN:EMX - Get Free Report) was the target of a large increase in short interest in April. As of April 15th, there was short interest totalling 223,600 shares, an increase of 308.0% from the March 31st total of 54,800 shares. Based on an average daily trading volume, of 295,400 shares, the short-interest ratio is currently 0.8 days. Approximately 0.3% of the company's stock are sold short.

Institutional Trading of EMX Royalty

Large investors have recently bought and sold shares of the business. Euro Pacific Asset Management LLC raised its position in EMX Royalty by 316.1% during the 4th quarter. Euro Pacific Asset Management LLC now owns 5,426,971 shares of the company's stock worth $8,792,000 after buying an additional 4,122,716 shares during the last quarter. HTLF Bank purchased a new position in EMX Royalty during the 4th quarter worth $81,000. Finally, Anchor Investment Management LLC purchased a new position in EMX Royalty during the 4th quarter worth $27,000. Institutional investors and hedge funds own 21.54% of the company's stock.

EMX Royalty Price Performance

NYSEAMERICAN:EMX traded up $0.02 during trading hours on Friday, reaching $1.92. 96,612 shares of the company's stock were exchanged, compared to its average volume of 430,113. The stock has a market cap of $216.40 million, a P/E ratio of -48.00 and a beta of 0.74. EMX Royalty has a 1-year low of $1.41 and a 1-year high of $2.13.

EMX Royalty (NYSEAMERICAN:EMX - Get Free Report) last issued its quarterly earnings results on Monday, March 25th. The company reported $0.01 earnings per share for the quarter. The firm had revenue of $7.55 million during the quarter. EMX Royalty had a negative net margin of 17.40% and a negative return on equity of 3.93%. Sell-side analysts expect that EMX Royalty will post 0.01 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, HC Wainwright restated a "buy" rating and issued a $6.50 target price on shares of EMX Royalty in a report on Wednesday, March 27th.

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. The company's royalty and exploration portfolio primarily consist of properties in North America, Türkiye, Europe, Australia, Latin America, Morocco, and Australia.

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