Emx Royalty Corp (NYSEAMERICAN:EMX) Short Interest Up 21.0% in October

Emx Royalty Corp (NYSEAMERICAN:EMX) saw a significant growth in short interest in October. As of October 31st, there was short interest totalling 66,900 shares, a growth of 21.0% from the September 30th total of 55,300 shares. Based on an average daily trading volume, of 80,900 shares, the short-interest ratio is currently 0.8 days. Currently, 0.1% of the shares of the stock are sold short.

An institutional investor recently raised its position in Emx Royalty stock. Sprott Inc. raised its stake in Emx Royalty Corp (NYSEAMERICAN:EMX) by 8.2% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 5,454,902 shares of the company’s stock after buying an additional 413,100 shares during the period. Emx Royalty makes up about 1.6% of Sprott Inc.’s investment portfolio, making the stock its 27th largest holding. Sprott Inc. owned approximately 6.64% of Emx Royalty worth $6,656,000 as of its most recent filing with the SEC.

NYSEAMERICAN EMX opened at $1.39 on Thursday. Emx Royalty has a 1 year low of $1.04 and a 1 year high of $1.54.

Emx Royalty (NYSEAMERICAN:EMX) last posted its quarterly earnings results on Tuesday, August 13th. The company reported ($0.06) earnings per share (EPS) for the quarter. The business had revenue of $0.29 million during the quarter.

Emx Royalty Company Profile

EMX Royalty Corporation engages in the acquisition, exploration, and evaluation of mineral properties. It explores for gold, silver, copper, molybdenum, lead, zinc, volcanogenic massive sulfide, and iron deposits. Its principal asset is the Leeville royalty property located in Eureka County, Nevada. The company also holds properties in North America, Turkey, Europe, Australia, and New Zealand.

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