EMX Royalty (NYSEAMERICAN:EMX) Trading Up 1.2% – Time to Buy?

EMX Royalty Corp. (NYSEAMERICAN:EMX) was up 1.2% on Monday . The company traded as high as $4.20 and last traded at $4.10. Approximately 567,941 shares changed hands during 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 Up 1.2%

The stock has a 50-day simple moving average of $4.10 and a two-hundred day simple moving average of $4.09. 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 market cap of $450.18 million, a PE ratio of 68.34 and a beta of 0.33.

Institutional Investors Weigh In On EMX Royalty

A number of large investors have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. purchased a new position in shares of EMX Royalty in the third quarter worth about $37,000. National Bank of Canada FI purchased a new position in shares of EMX Royalty in the third quarter worth about $63,000. Jane Street Group LLC purchased a new position in shares of EMX Royalty in the first quarter worth about $30,000. Sequoia Financial Advisors LLC purchased a new position in shares of EMX Royalty in the third quarter worth about $101,000. Finally, Alpine Global Management LLC purchased a new position in shares of EMX Royalty in the third quarter worth about $103,000. Hedge funds and other institutional investors own 21.54% of the company’s stock.

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.