EMX Royalty (CVE:EMX) Stock Price Down 1.7% – Here’s What Happened

EMX Royalty Co. (CVE:EMX) shares were down 1.7% on Thursday . The company traded as low as C$2.35 and last traded at C$2.37. Approximately 25,661 shares were traded during mid-day trading, an increase of 7% from the average daily volume of 23,928 shares. The stock had previously closed at C$2.41.

Analyst Ratings Changes

Separately, National Bank Financial upgraded shares of EMX Royalty to a “strong-buy” rating in a report on Monday, October 21st.

EMX Royalty Trading Up 3.4 %

The business’s 50 day moving average price is C$2.50 and its 200-day moving average price is C$2.48. The firm has a market capitalization of C$278.15 million, a price-to-earnings ratio of -81.67 and a beta of 0.85. The company has a debt-to-equity ratio of 28.76, a current ratio of 0.94 and a quick ratio of 4.65.

Insider Transactions at EMX Royalty

In other news, Senior Officer Christina Cepeliauskas sold 20,000 shares of the stock in a transaction on Wednesday, October 16th. The shares were sold at an average price of C$2.57, for a total value of C$51,424.00. Also, Director David M. Cole bought 200,000 shares of EMX Royalty stock in a transaction dated Thursday, October 3rd. The stock was acquired at an average cost of C$2.05 per share, for a total transaction of C$410,000.00. Insiders own 18.66% of the company’s stock.

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.