EMX Royalty (CVE:EMX) Shares Down 2% – Time to Sell?

Shares of EMX Royalty Co. (CVE:EMX) traded down 2% during trading on Monday . The stock traded as low as C$2.39 and last traded at C$2.39. 30,029 shares changed hands during mid-day trading, a decline of 79% from the average session volume of 141,918 shares. The stock had previously closed at C$2.44.

Wall Street Analyst Weigh In

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

EMX Royalty Price Performance

The stock has a market capitalization of C$271.34 million, a price-to-earnings ratio of -79.67 and a beta of 0.85. The stock has a 50-day moving average price of C$2.45 and a 200 day moving average price of C$2.45. The company has a current ratio of 0.94, a quick ratio of 4.65 and a debt-to-equity ratio of 28.76.

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.