EMX Royalty Co. (NYSEAMERICAN:EMX) Short Interest Update

EMX Royalty Co. (NYSEAMERICAN:EMX) saw a significant growth in short interest in December. As of December 31st, there was short interest totalling 153,800 shares, a growth of 230.8% from the December 15th total of 46,500 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average daily volume of 279,800 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. BNP Paribas Financial Markets increased its holdings in shares of EMX Royalty by 26.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 77,900 shares of the company’s stock valued at $139,000 after acquiring an additional 16,200 shares during the last quarter. Marshall Wace LLP purchased a new position in EMX Royalty in the second quarter valued at approximately $33,000. Finally, Ullmann Wealth Partners Group LLC acquired a new stake in EMX Royalty during the fourth quarter worth approximately $35,000. 21.54% of the stock is owned by institutional investors and hedge funds.

EMX Royalty Price Performance

Shares of EMX remained flat at $1.72 during trading on Wednesday. 201,816 shares of the company’s stock were exchanged, compared to its average volume of 298,313. The company has a current ratio of 13.15, a quick ratio of 13.15 and a debt-to-equity ratio of 0.30. EMX Royalty has a 1-year low of $1.41 and a 1-year high of $2.15. The firm has a market capitalization of $190.30 million, a PE ratio of -43.00 and a beta of 0.80.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the stock. HC Wainwright reissued a “buy” rating and issued a $7.00 price objective on shares of EMX Royalty in a report on Friday, January 10th. National Bank Financial started coverage on shares of EMX Royalty in a research report on Tuesday, October 22nd. They set an “outperform” rating on the 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.