EMX Royalty (NYSEAMERICAN:EMX) Posts Quarterly Earnings Results

EMX Royalty (NYSEAMERICAN:EMX) posted its quarterly earnings data on Monday. The company reported $0.01 earnings per share for the quarter, reports. EMX Royalty had a negative return on equity of 3.93% and a negative net margin of 17.40%. The company had revenue of $7.55 million during the quarter.

EMX Royalty Price Performance

Shares of EMX stock opened at $1.74 on Thursday. EMX Royalty has a 1 year low of $1.41 and a 1 year high of $2.20.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. UBS Group AG grew its holdings in EMX Royalty by 251.6% during the 3rd quarter. UBS Group AG now owns 14,202 shares of the company’s stock valued at $27,000 after buying an additional 10,163 shares in the last quarter. Anchor Investment Management LLC purchased a new position in EMX Royalty during the fourth quarter valued at $27,000. Creative Planning bought a new stake in EMX Royalty in the 3rd quarter valued at $28,000. Virtu Financial LLC purchased a new stake in EMX Royalty in the 2nd quarter worth $33,000. Finally, Millennium Management LLC bought a new position in shares of EMX Royalty during the 2nd quarter valued at about $33,000. Institutional investors own 21.54% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright reaffirmed a “buy” rating and set a $6.50 price target on shares of EMX Royalty in a report on Wednesday.

EMX Royalty Company Profile

EMX Royalty Corporation, together with its subsidiaries, explores for and generates royalties from metals and minerals properties. It explores for gold, silver, platinum, palladium, copper, lead, zinc, nickel, cobalt, volcanogenic massive sulfide, molybdenum, and iron deposits. The company's royalty and exploration portfolio primarily consist of properties in North America, Turkey, Europe, Australia, and Latin America.