EMX Royalty (NYSEAMERICAN:EMX) Posts Quarterly Earnings Results

EMX Royalty (NYSEAMERICAN:EMXGet Rating) posted its earnings results on Monday. The company reported ($0.06) earnings per share (EPS) for the quarter, reports. The firm had revenue of $7.16 million for the quarter.

EMX Royalty Stock Down 0.5 %

EMX traded down $0.01 on Thursday, reaching $1.83. The company had a trading volume of 500 shares, compared to its average volume of 131,075. EMX Royalty has a 52-week low of $1.57 and a 52-week high of $2.80.

Institutional Investors Weigh In On EMX Royalty

Institutional investors and hedge funds have recently bought and sold shares of the stock. Sprott Inc. grew its position in EMX Royalty by 2.6% during the first quarter. Sprott Inc. now owns 4,114,633 shares of the company’s stock valued at $8,924,000 after acquiring an additional 103,973 shares during the last quarter. Advisor Group Holdings Inc. grew its position in EMX Royalty by 441.0% during the first quarter. Advisor Group Holdings Inc. now owns 83,848 shares of the company’s stock valued at $182,000 after acquiring an additional 68,348 shares during the last quarter. Oppenheimer & Close LLC grew its position in EMX Royalty by 6.9% during the first quarter. Oppenheimer & Close LLC now owns 465,156 shares of the company’s stock valued at $1,009,000 after acquiring an additional 30,000 shares during the last quarter. Financial Advisors Network Inc. bought a new position in EMX Royalty during the first quarter valued at approximately $60,000. Finally, Renaissance Technologies LLC grew its position in EMX Royalty by 24.2% during the first quarter. Renaissance Technologies LLC now owns 101,200 shares of the company’s stock valued at $220,000 after acquiring an additional 19,729 shares during the last quarter.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright reduced their price target on shares of EMX Royalty from $4.25 to $4.00 and set a “buy” rating for the company in a research report on Wednesday, August 17th.

EMX Royalty Company Profile

(Get Rating)

EMX Royalty Corporation, together with its subsidiaries, engages in the exploring for, and generating 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, New Zealand, South America, as well as Sweden, and Norway.

Recommended Stories

Earnings History for EMX Royalty (NYSEAMERICAN:EMX)

Receive News & Ratings for EMX Royalty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EMX Royalty and related companies with MarketBeat.com's FREE daily email newsletter.