Investment Counsel Co. of Nevada Takes Position in EMX Royalty Co. (NYSEAMERICAN:EMX)

Investment Counsel Co. of Nevada bought a new position in shares of EMX Royalty Co. (NYSEAMERICAN:EMX) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 18,834 shares of the company’s stock, valued at approximately $33,000.

Several other institutional investors have also added to or reduced their stakes in EMX. Sprott Inc. increased its stake in EMX Royalty by 31.4% in the fourth quarter. Sprott Inc. now owns 3,014,481 shares of the company’s stock valued at $5,219,000 after purchasing an additional 720,458 shares in the last quarter. Privium Fund Management B.V. acquired a new stake in shares of EMX Royalty in the 4th quarter valued at about $375,000. Virtu Financial LLC increased its position in EMX Royalty by 161.0% in the 4th quarter. Virtu Financial LLC now owns 90,500 shares of the company’s stock valued at $157,000 after buying an additional 55,827 shares in the last quarter. BNP Paribas Financial Markets raised its stake in EMX Royalty by 26.3% during the 3rd quarter. BNP Paribas Financial Markets now owns 77,900 shares of the company’s stock worth $139,000 after buying an additional 16,200 shares during the period. Finally, Meixler Investment Management Ltd. bought a new position in EMX Royalty in the fourth quarter worth approximately $56,000. 21.54% of the stock is currently owned by institutional investors.

EMX Royalty Trading Up 5.9 %

Shares of EMX Royalty stock opened at $2.14 on Monday. 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 Co. has a 1 year low of $1.59 and a 1 year high of $2.15. The firm has a market cap of $232.83 million, a PE ratio of -53.50 and a beta of 0.81. The company has a 50 day simple moving average of $1.87 and a two-hundred day simple moving average of $1.81.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright cut their price objective on shares of EMX Royalty from $7.00 to $5.00 and set a “buy” rating on the stock in a report on Friday, March 14th.

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.