EMX Royalty (CVE:EMX) Stock Price Up 2.5% – Here’s What Happened

by · The Cerbat Gem

EMX Royalty Co. (CVE:EMX – Get Free Report) shares were up 2.5% on Thursday . The stock traded as high as C$2.49 and last traded at C$2.49. Approximately 2,500 shares were traded during trading, a decline of 89% from the average daily volume of 23,638 shares. The stock had previously closed at C$2.43.

Analysts Set New Price Targets

Separately, National Bank Financial raised shares of EMX Royalty to a “strong-buy” rating in a research report on Monday, October 21st.

View Our Latest Report on EMX Royalty

EMX Royalty Stock Up 1.6 %

The firm’s 50-day simple moving average is C$2.49 and its 200 day simple moving average is C$2.46. The company has a debt-to-equity ratio of 28.76, a quick ratio of 4.65 and a current ratio of 0.94. The stock has a market capitalization of C$287.23 million, a P/E ratio of -84.33 and a beta of 0.85.

Insider Buying and Selling

In other EMX Royalty news, Senior Officer Christina Cepeliauskas sold 20,000 shares of the stock in a transaction on Wednesday, October 16th. The shares were sold at an average price of C$2.57, for a total value of C$51,424.00. Also, Director David M. Cole acquired 200,000 shares of the stock in a transaction dated Thursday, October 3rd. The shares were purchased at an average price of C$2.05 per share, for a total transaction of C$410,000.00. 18.66% of the stock is currently owned by corporate insiders.

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.

Further Reading