EMX Royalty (CVE:EMX) Stock Rating Upgraded by National Bank Financial

EMX Royalty (CVE:EMX) was upgraded by National Bank Financial to a “strong-buy” rating in a research note issued to investors on Monday, Zacks.com reports.

EMX Royalty Stock Up 3.0 %

Shares of EMX Royalty stock opened at C$2.78 on Monday. EMX Royalty has a twelve month low of C$1.91 and a twelve month high of C$2.92. The stock has a market cap of C$315.61 million, a price-to-earnings ratio of -92.67 and a beta of 0.85. The company has a current ratio of 0.94, a quick ratio of 4.65 and a debt-to-equity ratio of 28.76. The company has a fifty day moving average price of C$2.41 and a 200 day moving average price of C$2.51.

EMX Royalty (CVE:EMX) last issued its earnings results on Monday, August 12th. The company reported C($0.05) earnings per share for the quarter. The company had revenue of C$8.22 million during the quarter. EMX Royalty had a negative return on equity of 2.11% and a negative net margin of 7.44%. Equities research analysts forecast that EMX Royalty will post 0.01014 earnings per share for the current fiscal year.

Insider Buying and Selling at EMX Royalty

In related news, Senior Officer Christina Cepeliauskas sold 20,000 shares of EMX Royalty stock in a transaction on Wednesday, October 16th. The shares were sold at an average price of C$2.57, for a total transaction of C$51,424.00. In other EMX Royalty news, Director David M. Cole bought 200,000 shares of the business’s stock in a transaction on Thursday, October 3rd. The shares were bought at an average cost of C$2.05 per share, with a total value of C$410,000.00. Also, Senior Officer Christina Cepeliauskas sold 20,000 shares of the firm’s stock in a transaction that occurred on Wednesday, October 16th. The stock was sold at an average price of C$2.57, for a total transaction of C$51,424.00. 18.66% of the stock is owned by corporate insiders.

About EMX Royalty

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.