Short Interest in EMX Royalty Co. (NYSEAMERICAN:EMX) Increases By 230.8%

EMX Royalty Co. (NYSEAMERICAN:EMX) was the recipient of a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 153,800 shares, an increase of 230.8% from the December 15th total of 46,500 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 279,800 shares, the short-interest ratio is presently 0.5 days.

Institutional Trading of EMX Royalty

Institutional investors have recently modified their holdings of the business. Marshall Wace LLP purchased a new position in EMX Royalty in the second quarter valued at about $33,000. BNP Paribas Financial Markets grew 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 worth $139,000 after acquiring an additional 16,200 shares during the period. Finally, Ullmann Wealth Partners Group LLC purchased a new position in EMX Royalty in the 4th quarter valued at approximately $35,000. 21.54% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

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

EMX Royalty Stock Performance

EMX remained flat at $1.72 during trading on Wednesday. The company’s stock had a trading volume of 201,816 shares, compared to its average volume of 298,313. The company has a debt-to-equity ratio of 0.30, a current ratio of 13.15 and a quick ratio of 13.15. EMX Royalty has a 12 month low of $1.41 and a 12 month high of $2.15. The stock has a market cap of $190.30 million, a price-to-earnings ratio of -43.00 and a beta of 0.80.

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.