EMX Royalty Co. (NYSEAMERICAN:EMX) Holdings Decreased by Equinox Partners Investment Management LLC

Equinox Partners Investment Management LLC trimmed its position in shares of EMX Royalty Co. (NYSEAMERICAN:EMX - Free Report) by 76.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 385,125 shares of the company's stock after selling 1,220,375 shares during the period. EMX Royalty comprises 0.4% of Equinox Partners Investment Management LLC's investment portfolio, making the stock its 10th largest position. Equinox Partners Investment Management LLC owned 0.34% of EMX Royalty worth $619,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Anchor Investment Management LLC purchased a new position in EMX Royalty in the 4th quarter worth approximately $27,000. Creative Planning purchased a new position in EMX Royalty in the 3rd quarter worth approximately $28,000. Wells Fargo & Company MN increased its stake in EMX Royalty by 50.0% in the 2nd quarter. Wells Fargo & Company MN now owns 22,500 shares of the company's stock worth $43,000 after purchasing an additional 7,500 shares during the period. Renaissance Technologies LLC increased its stake in EMX Royalty by 32.6% in the 2nd quarter. Renaissance Technologies LLC now owns 244,126 shares of the company's stock worth $464,000 after purchasing an additional 59,967 shares during the period. Finally, Cambridge Investment Research Advisors Inc. purchased a new position in shares of EMX Royalty during the first quarter valued at approximately $122,000. 21.54% of the stock is owned by hedge funds and other institutional investors.

EMX Royalty Stock Performance

Shares of EMX traded down $0.03 during mid-day trading on Monday, hitting $1.92. 659,839 shares of the company's stock traded hands, compared to its average volume of 254,450. EMX Royalty Co. has a 1 year low of $1.41 and a 1 year high of $2.20. The stock has a market capitalization of $215.54 million, a PE ratio of -48.00 and a beta of 0.74.

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

Analyst Upgrades and Downgrades

Separately, HC Wainwright reissued a "buy" rating and set a $6.50 target price on shares of EMX Royalty in a research note on Wednesday, March 27th.

EMX Royalty Company Profile

EMX Royalty Corporation, together with its subsidiaries, explores for and generates royalties from metals and minerals properties. It explores for gold, silver, platinum, palladium, copper, lead, zinc, nickel, cobalt, volcanogenic massive sulfide, molybdenum, and iron deposits. The company's royalty and exploration portfolio primarily consist of properties in North America, Turkey, Europe, Australia, and Latin America.

Want to see what other hedge funds are holding EMX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for EMX Royalty Co. (NYSEAMERICAN:EMX - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.