EMX Royalty (NYSEAMERICAN:EMX) Posts Quarterly Earnings Results

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

EMX Royalty Price Performance

Shares of EMX stock traded down $0.01 during trading hours on Thursday, reaching $1.83. 100 shares of the company’s stock were exchanged, compared to its average volume of 131,075. EMX Royalty has a 1 year low of $1.57 and a 1 year high of $2.80.

Hedge Funds Weigh In On EMX Royalty

A number of large investors have recently modified their holdings of the business. Citadel Advisors LLC grew its holdings in shares of EMX Royalty by 60.7% in the 3rd quarter. Citadel Advisors LLC now owns 27,946 shares of the company’s stock worth $52,000 after acquiring an additional 10,557 shares during the period. UBS Group AG grew its holdings in EMX Royalty by 251.6% during the 3rd quarter. UBS Group AG now owns 14,202 shares of the company’s stock valued at $27,000 after buying an additional 10,163 shares during the last quarter. Millennium Management LLC acquired a new stake in EMX Royalty during the 2nd quarter valued at $33,000. Virtu Financial LLC acquired a new stake in EMX Royalty during the 2nd quarter valued at $33,000. Finally, Sprott Inc. grew its holdings in EMX Royalty by 2.6% during the 1st quarter. Sprott Inc. now owns 4,114,633 shares of the company’s stock valued at $8,924,000 after buying an additional 103,973 shares during the last quarter.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright lowered their price objective on 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.

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Earnings History for EMX Royalty (NYSEAMERICAN:EMX)

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