XTX Topco Ltd acquired a new stake in EMX Royalty Corp. (NYSEAMERICAN:EMX – Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 43,419 shares of the company’s stock, valued at approximately $89,000.
Several other hedge funds have also recently bought and sold shares of EMX. Medici Capital LLC increased its stake in EMX Royalty by 46.4% during the 1st quarter. Medici Capital LLC now owns 2,000,850 shares of the company’s stock valued at $4,088,000 after buying an additional 633,850 shares during the period. Cambridge Investment Research Advisors Inc. increased its position in shares of EMX Royalty by 3.1% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 182,766 shares of the company’s stock worth $373,000 after acquiring an additional 5,426 shares in the last quarter. Eagle Global Advisors LLC purchased a new position in shares of EMX Royalty in the fourth quarter worth approximately $201,000. BNP Paribas Financial Markets increased its position in shares of EMX Royalty by 12.6% in the fourth quarter. BNP Paribas Financial Markets now owns 87,700 shares of the company’s stock worth $152,000 after acquiring an additional 9,800 shares in the last quarter. Finally, Millennium Management LLC boosted its holdings in shares of EMX Royalty by 162.3% during the fourth quarter. Millennium Management LLC now owns 68,059 shares of the company’s stock worth $118,000 after purchasing an additional 42,110 shares during the period. 21.54% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
EMX has been the subject of several research reports. HC Wainwright raised their price target on shares of EMX Royalty from $5.00 to $5.75 and gave the stock a “buy” rating in a report on Wednesday. National Bankshares reissued an “outperform” rating on shares of EMX Royalty in a report on Wednesday. Finally, Zacks Research upgraded shares of EMX Royalty to a “strong-buy” rating in a research note on Monday, August 11th.
EMX Royalty Trading Down 0.6%
Shares of EMX Royalty stock opened at $3.32 on Friday. The stock has a market capitalization of $362.11 million, a P/E ratio of 55.34 and a beta of 0.26. The company has a quick ratio of 8.56, a current ratio of 7.86 and a debt-to-equity ratio of 0.21. The company has a 50-day simple moving average of $2.80 and a 200 day simple moving average of $2.24. EMX Royalty Corp. has a 12-month low of $1.59 and a 12-month high of $3.39.
EMX Royalty 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.
Recommended Stories
- Five stocks we like better than EMX Royalty
- Investing in Travel Stocks Benefits
- 3 Restaurant Stocks That Will Outperform in Q3 and Q4
- What is a Bond Market Holiday? How to Invest and Trade
- The Midstream Energy Play That Keeps Powering Higher
- What Are Dividend Champions? How to Invest in the Champions
- Ethereum Near All-Time High: 3 Stocks Stacking ETH in Treasuries
Want to see what other hedge funds are holding EMX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for EMX Royalty Corp. (NYSEAMERICAN:EMX – Free Report).
Receive News & Ratings for EMX Royalty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EMX Royalty and related companies with MarketBeat.com's FREE daily email newsletter.