National Bank Financial Comments on EMX Royalty Q3 Earnings

EMX Royalty Co. (NYSEAMERICAN:EMX) – Research analysts at National Bank Financial issued their Q3 2024 earnings estimates for EMX Royalty in a research report issued to clients and investors on Tuesday, October 22nd. National Bank Financial analyst S. Nagle anticipates that the company will earn ($0.01) per share for the quarter. National Bank Financial currently has a “Outperform” rating on the stock. The consensus estimate for EMX Royalty’s current full-year earnings is ($0.03) per share.

EMX Royalty (NYSEAMERICAN:EMX) last released its quarterly earnings results on Monday, August 12th. The company reported ($0.04) EPS for the quarter. The firm had revenue of $6.01 million for the quarter. EMX Royalty had a negative return on equity of 2.05% and a negative net margin of 7.44%.

Separately, HC Wainwright increased their target price on shares of EMX Royalty from $6.50 to $6.75 and gave the company a “buy” rating in a research report on Wednesday.

EMX Royalty Price Performance

Shares of EMX opened at $1.96 on Friday. The stock has a market capitalization of $221.87 million, a P/E ratio of -65.33 and a beta of 0.84. EMX Royalty has a 52-week low of $1.41 and a 52-week high of $2.15.

Institutional Investors Weigh In On EMX Royalty

Institutional investors and hedge funds have recently bought and sold shares of the business. BNP Paribas Financial Markets lifted its holdings in EMX Royalty by 817.6% in the 1st quarter. BNP Paribas Financial Markets now owns 15,600 shares of the company’s stock valued at $27,000 after acquiring an additional 13,900 shares during the last quarter. Marshall Wace LLP acquired a new stake in EMX Royalty in the 2nd quarter valued at about $33,000. Kings Path Partners LLC acquired a new stake in EMX Royalty in the 2nd quarter valued at about $33,000. Finally, Virtu Financial LLC lifted its holdings in EMX Royalty by 509.6% in the 1st quarter. Virtu Financial LLC now owns 115,447 shares of the company’s stock valued at $199,000 after acquiring an additional 96,508 shares during the last quarter. 21.54% of the stock is owned by institutional investors and hedge funds.

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.