Euro Pacific Asset Management LLC Has $2.48 Million Stock Position in EMX Royalty Co. (NYSEAMERICAN:EMX)

Euro Pacific Asset Management LLC cut its stake in shares of EMX Royalty Co. (NYSEAMERICAN:EMX) by 20.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,424,771 shares of the company’s stock after selling 359,775 shares during the period. Euro Pacific Asset Management LLC owned approximately 1.29% of EMX Royalty worth $2,478,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. BNP Paribas Financial Markets grew its position in shares of EMX Royalty by 26.3% during the 3rd quarter. BNP Paribas Financial Markets now owns 77,900 shares of the company’s stock worth $139,000 after buying an additional 16,200 shares during the period. Marshall Wace LLP acquired a new position in EMX Royalty during the second quarter valued at approximately $33,000. Finally, Ullmann Wealth Partners Group LLC acquired a new stake in EMX Royalty in the fourth quarter worth $35,000. Institutional investors own 21.54% of the company’s stock.

Analysts Set New Price Targets

EMX has been the subject of a number of recent analyst reports. National Bank Financial assumed coverage on shares of EMX Royalty in a research report on Tuesday, October 22nd. They issued an “outperform” rating for the company. HC Wainwright reiterated a “buy” rating and set a $7.00 price objective on shares of EMX Royalty in a report on Friday, January 10th.

EMX Royalty Stock Performance

Shares of NYSEAMERICAN:EMX opened at $1.69 on Friday. The company has a market capitalization of $186.37 million, a PE ratio of -42.25 and a beta of 0.79. The company has a quick ratio of 13.15, a current ratio of 13.15 and a debt-to-equity ratio of 0.30. EMX Royalty Co. has a 12 month low of $1.41 and a 12 month high of $2.15.

EMX Royalty (NYSEAMERICAN:EMX) last issued its earnings results on Thursday, November 7th. The company reported $0.01 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.02. EMX Royalty had a negative return on equity of 3.11% and a negative net margin of 13.73%. The firm had revenue of $7.03 million for the quarter. As a group, equities research analysts predict that EMX Royalty Co. will post -0.05 earnings per share for the current fiscal year.

EMX Royalty Company 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.