EMX Royalty Co. (NYSEAMERICAN:EMX) Short Interest Up 86.4% in February

EMX Royalty Co. (NYSEAMERICAN:EMX) saw a significant growth in short interest during the month of February. As of February 28th, there was short interest totalling 206,200 shares, a growth of 86.4% from the February 13th total of 110,600 shares. Based on an average trading volume of 323,200 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.2% of the shares of the company are sold short.

Institutional Trading of EMX Royalty

A number of large investors have recently bought and sold shares of EMX. BNP Paribas Financial Markets boosted its holdings 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 during the period. Apollon Wealth Management LLC bought a new position in shares of EMX Royalty in the fourth quarter worth $25,000. Sage Investment Counsel LLC bought a new position in shares of EMX Royalty in the fourth quarter worth $26,000. Investment Counsel Co. of Nevada bought a new position in shares of EMX Royalty in the fourth quarter worth $33,000. Finally, Ullmann Wealth Partners Group LLC bought a new position in shares of EMX Royalty in the fourth quarter worth $35,000. 21.54% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, HC Wainwright decreased their target price on EMX Royalty from $7.00 to $5.00 and set a “buy” rating for the company in a research report on Friday.

EMX Royalty Stock Performance

NYSEAMERICAN:EMX remained flat at $1.85 during trading hours on Friday. The company’s stock had a trading volume of 247,664 shares, compared to its average volume of 304,745. The company has a debt-to-equity ratio of 0.30, a current ratio of 13.15 and a quick ratio of 13.15. The business has a 50-day moving average of $1.77. EMX Royalty has a twelve month low of $1.59 and a twelve month high of $2.15. The firm has a market cap of $201.28 million, a price-to-earnings ratio of -46.25 and a beta of 0.81.

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.