EMX Royalty (NYSEAMERICAN:EMX) Shares Up 1.2% – Still a Buy?

Shares of EMX Royalty Corp. (NYSEAMERICAN:EMX) were up 1.2% during trading on Tuesday . The company traded as high as $4.20 and last traded at $4.10. Approximately 567,941 shares traded hands during trading, an increase of 2% from the average daily volume of 557,344 shares. The stock had previously closed at $4.05.

EMX Royalty Stock Performance

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 company has a market capitalization of $450.18 million, a PE ratio of 68.34 and a beta of 0.33. The stock’s fifty day simple moving average is $4.10 and its 200-day simple moving average is $4.22.

Institutional Trading of EMX Royalty

Institutional investors have recently bought and sold shares of the company. Jane Street Group LLC purchased a new position in shares of EMX Royalty in the first quarter valued at $30,000. JPMorgan Chase & Co. acquired a new stake in EMX Royalty in the 3rd quarter valued at about $37,000. Cubist Systematic Strategies LLC increased its holdings in EMX Royalty by 97.0% during the 1st quarter. Cubist Systematic Strategies LLC now owns 23,116 shares of the company’s stock valued at $47,000 after acquiring an additional 11,383 shares in the last quarter. National Bank of Canada FI purchased a new position in EMX Royalty during the 3rd quarter valued at about $63,000. Finally, Goldman Sachs Group Inc. raised its position in EMX Royalty by 78.5% during 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 last quarter. 21.54% of the stock is currently 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.