EMX Royalty (NYSEAMERICAN:EMX) Shares Up 1.2% – Time to Buy?

EMX Royalty Corp. (NYSEAMERICAN:EMX) shares rose 1.2% during trading on Tuesday . The company traded as high as $4.20 and last traded at $4.10. Approximately 567,941 shares were traded during trading, a decline of 10% from the average daily volume of 630,248 shares. The stock had previously closed at $4.05.

EMX Royalty Price Performance

The stock has a 50 day moving average of $4.10 and a 200-day moving average of $4.10. The company has a current ratio of 7.86, a quick ratio of 7.86 and a debt-to-equity ratio of 0.21. The stock has a market capitalization of $450.18 million, a P/E ratio of 68.34 and a beta of 0.33.

Institutional Investors Weigh In On EMX Royalty

Several large investors have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. bought a new position in EMX Royalty in the 3rd quarter worth about $37,000. BNP Paribas Financial Markets boosted its holdings in shares of EMX Royalty by 5.5% in the third quarter. BNP Paribas Financial Markets now owns 142,100 shares of the company’s stock valued at $732,000 after purchasing an additional 7,400 shares during the period. Cubist Systematic Strategies LLC boosted its holdings in shares of EMX Royalty by 97.0% in the first quarter. Cubist Systematic Strategies LLC now owns 23,116 shares of the company’s stock valued at $47,000 after purchasing an additional 11,383 shares during the period. National Bank of Canada FI bought a new position in EMX Royalty in the third quarter worth approximately $63,000. Finally, Jane Street Group LLC bought a new position in EMX Royalty in the first quarter worth approximately $30,000. 21.54% of the stock is owned by hedge funds and other institutional investors.

EMX Royalty Company Profile

EMX Royalty Corp. is a mineral royalty and streaming company that acquires, explores and manages royalty interests in precious, base and battery metal properties around the world. Listed on the NYSE American exchange under the ticker EMX, the company pursues a strategy of building a diversified portfolio of royalties and streams by providing capital and technical expertise to explorers and developers in exchange for royalty interests.

Through joint ventures, option agreements and direct acquisitions, EMX Royalty has assembled a portfolio of more than 300 royalty and stream interests across four continents.