HC Wainwright Reaffirms “Buy” Rating for EMX Royalty (NYSEAMERICAN:EMX)

EMX Royalty (NYSEAMERICAN:EMX)‘s stock had its “buy” rating reissued by HC Wainwright in a research note issued on Friday,Benzinga reports. They presently have a $7.00 price target on the stock. HC Wainwright’s price target would indicate a potential upside of 316.67% from the stock’s previous close.

Separately, National Bank Financial began coverage on shares of EMX Royalty in a research note on Tuesday, October 22nd. They issued an “outperform” rating for the company.

EMX Royalty Trading Down 1.8 %

NYSEAMERICAN EMX opened at $1.68 on Friday. The company has a market cap of $185.88 million, a P/E ratio of -42.00 and a beta of 0.80. The company has a current ratio of 13.15, a quick ratio of 13.15 and a debt-to-equity ratio of 0.30. EMX Royalty has a 1 year low of $1.41 and a 1 year high of $2.15.

Institutional Trading of EMX Royalty

A hedge fund recently bought a new stake in EMX Royalty stock. Marshall Wace LLP purchased a new position in EMX Royalty Co. (NYSEAMERICAN:EMX) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 18,374 shares of the company’s stock, valued at approximately $33,000. Institutional investors own 21.54% of the company’s stock.

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.