EMX Royalty (NYSEAMERICAN:EMX) Shares Up 1.2% – Here’s What Happened

Shares of EMX Royalty Corp. (NYSEAMERICAN:EMX) rose 1.2% on Tuesday . The stock traded as high as $4.20 and last traded at $4.10. 567,941 shares traded hands during mid-day trading, a decline of 10% from the average session volume of 630,248 shares. The stock had previously closed at $4.05.

EMX Royalty Stock Performance

The stock has a market cap of $450.18 million, a PE ratio of 68.34 and a beta of 0.33. The company has a quick ratio of 7.86, a current ratio of 7.86 and a debt-to-equity ratio of 0.21. The firm has a 50 day moving average price of $4.10 and a 200 day moving average price of $4.10.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in EMX. JPMorgan Chase & Co. purchased a new position in EMX Royalty during the 3rd quarter valued at about $37,000. BNP Paribas Financial Markets lifted its position in shares of EMX Royalty by 5.5% in the 3rd quarter. BNP Paribas Financial Markets now owns 142,100 shares of the company’s stock worth $732,000 after purchasing an additional 7,400 shares during the period. Cubist Systematic Strategies LLC boosted its stake in shares of EMX Royalty by 97.0% during the first quarter. Cubist Systematic Strategies LLC now owns 23,116 shares of the company’s stock valued at $47,000 after purchasing an additional 11,383 shares in the last quarter. National Bank of Canada FI bought a new position in shares of EMX Royalty during the third quarter valued at approximately $63,000. Finally, Jane Street Group LLC purchased a new position in EMX Royalty during the first quarter valued at approximately $30,000. 21.54% of the stock is currently owned by institutional investors.

EMX Royalty Company Profile

EMX Royalty Corp. is a mineral royalty and streaming company that acquires, explores and manages royalty interests in precious, base and battery metal properties around the world. Listed on the NYSE American exchange under the ticker EMX, the company pursues a strategy of building a diversified portfolio of royalties and streams by providing capital and technical expertise to explorers and developers in exchange for royalty interests.

Through joint ventures, option agreements and direct acquisitions, EMX Royalty has assembled a portfolio of more than 300 royalty and stream interests across four continents.