EMX Royalty (NYSEAMERICAN:EMX) Trading 1.2% Higher – Here’s Why

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

EMX Royalty Stock Performance

The company’s 50-day simple moving average is $4.10 and its 200 day simple moving average is $4.10. The company has a current ratio of 7.86, a quick ratio of 7.86 and a debt-to-equity ratio of 0.21. The stock has a market cap of $450.18 million, a P/E ratio of 68.34 and a beta of 0.33.

Institutional Investors Weigh In On EMX Royalty

Large investors have recently made changes to their positions in the business. Jane Street Group LLC purchased a new position in shares of EMX Royalty in the 1st quarter worth about $30,000. JPMorgan Chase & Co. purchased a new stake in EMX Royalty during the third quarter worth about $37,000. Cubist Systematic Strategies LLC increased its holdings in EMX Royalty by 97.0% during the first quarter. Cubist Systematic Strategies LLC now owns 23,116 shares of the company’s stock worth $47,000 after buying an additional 11,383 shares during the last quarter. National Bank of Canada FI bought a new stake in EMX Royalty in the third quarter worth about $63,000. Finally, Goldman Sachs Group Inc. raised its position in EMX Royalty by 78.5% in the first quarter. Goldman Sachs Group Inc. now owns 42,640 shares of the company’s stock worth $87,000 after acquiring an additional 18,753 shares during the period. 21.54% of the stock is owned by hedge funds and other 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.