18,834 Shares in EMX Royalty Co. (NYSEAMERICAN:EMX) Acquired by Investment Counsel Co. of Nevada

Investment Counsel Co. of Nevada acquired a new stake in shares of EMX Royalty Co. (NYSEAMERICAN:EMX) in the fourth quarter, HoldingsChannel.com reports. The fund acquired 18,834 shares of the company’s stock, valued at approximately $33,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Apollon Wealth Management LLC bought a new stake in shares of EMX Royalty in the 4th quarter worth about $25,000. Sage Investment Counsel LLC purchased a new position in EMX Royalty in the fourth quarter worth about $26,000. Ullmann Wealth Partners Group LLC bought a new stake in EMX Royalty during the fourth quarter worth approximately $35,000. Meixler Investment Management Ltd. purchased a new stake in EMX Royalty during the fourth quarter valued at approximately $56,000. Finally, BNP Paribas Financial Markets lifted its stake in shares of EMX Royalty by 26.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 77,900 shares of the company’s stock valued at $139,000 after purchasing an additional 16,200 shares during the last quarter. Institutional investors own 21.54% of the company’s stock.

EMX Royalty Stock Performance

Shares of EMX stock opened at $2.14 on Monday. The business has a fifty day moving average of $1.87 and a 200 day moving average of $1.81. EMX Royalty Co. has a 1 year low of $1.59 and a 1 year high of $2.15. The company has a debt-to-equity ratio of 0.30, a current ratio of 13.15 and a quick ratio of 13.15. The firm has a market capitalization of $232.83 million, a price-to-earnings ratio of -53.50 and a beta of 0.81.

Analysts Set New Price Targets

Separately, HC Wainwright cut their target price on EMX Royalty from $7.00 to $5.00 and set a “buy” rating on the stock in a research note on Friday, March 14th.

EMX Royalty Company Profile

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.