EMX Royalty (NYSEAMERICAN:EMX) Posts Quarterly Earnings Results

EMX Royalty (NYSEAMERICAN:EMX) announced its quarterly earnings results on Monday. The company reported $0.01 earnings per share for the quarter, reports. The business had revenue of $7.55 million for the quarter. EMX Royalty had a negative return on equity of 3.93% and a negative net margin of 17.40%.

EMX Royalty Stock Performance

EMX Royalty stock opened at $1.74 on Thursday. EMX Royalty has a 12 month low of $1.41 and a 12 month high of $2.20.

Analyst Ratings Changes

Separately, HC Wainwright reiterated a “buy” rating and set a $6.50 price objective on shares of EMX Royalty in a research report on Wednesday.

Institutional Investors Weigh In On EMX Royalty

Several large investors have recently made changes to their positions in the company. Wells Fargo & Company MN boosted its position in EMX Royalty by 50.0% during the second 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. UBS Group AG raised its holdings in EMX Royalty by 251.6% in the 3rd quarter. UBS Group AG now owns 14,202 shares of the company’s stock worth $27,000 after acquiring an additional 10,163 shares during the period. Citadel Advisors LLC raised its holdings in 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. Creative Planning bought a new stake in EMX Royalty during the third quarter valued at about $28,000. Finally, Anchor Investment Management LLC bought a new stake in EMX Royalty during the fourth quarter valued at about $27,000. Institutional investors own 21.54% of the company’s stock.

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.