Short Interest in EMX Royalty Co. (NYSEAMERICAN:EMX) Rises By 14.9%

EMX Royalty Co. (NYSEAMERICAN:EMX) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totalling 37,800 shares, an increase of 14.9% from the August 15th total of 32,900 shares. Based on an average daily trading volume, of 138,600 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the company’s stock are sold short.

Institutional Trading of EMX Royalty

Several institutional investors and hedge funds have recently bought and sold shares of the business. UBS Group AG boosted its stake in shares of EMX Royalty by 251.6% in the third quarter. UBS Group AG now owns 14,202 shares of the company’s stock worth $27,000 after buying an additional 10,163 shares during the last quarter. Virtu Financial LLC purchased a new stake in shares of EMX Royalty in the second quarter valued at approximately $33,000. Millennium Management LLC acquired a new position in shares of EMX Royalty during the 2nd quarter worth approximately $33,000. Dubuque Bank & Trust Co. purchased a new position in shares of EMX Royalty during the 2nd quarter valued at approximately $38,000. Finally, Wells Fargo & Company MN grew its stake in EMX Royalty by 50.0% in the 2nd quarter. Wells Fargo & Company MN now owns 22,500 shares of the company’s stock valued at $43,000 after acquiring an additional 7,500 shares during the period. 8.68% of the stock is currently owned by institutional investors and hedge funds.

EMX Royalty Price Performance

Shares of EMX traded down $0.02 during trading hours on Tuesday, reaching $1.89. 205,183 shares of the company traded hands, compared to its average volume of 136,999. The firm has a market capitalization of $209.32 million, a PE ratio of -11.18 and a beta of 0.72. The company has a debt-to-equity ratio of 0.34, a current ratio of 4.04 and a quick ratio of 4.04. EMX Royalty has a 12-month low of $1.57 and a 12-month high of $2.21.

EMX Royalty (NYSEAMERICAN:EMX) last announced its quarterly earnings data on Monday, August 14th. The company reported ($0.04) earnings per share for the quarter. EMX Royalty had a negative net margin of 128.42% and a negative return on equity of 11.93%. The firm had revenue of $3.41 million during the quarter. On average, equities research analysts predict that EMX Royalty will post -0.02 EPS for the current year.

Analyst Ratings Changes

Separately, HC Wainwright reiterated a “buy” rating and issued a $4.75 target price on shares of EMX Royalty in a research note on Wednesday, September 6th.

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.