EMX Royalty (CVE:EMX) Stock Rating Upgraded by National Bank Financial

National Bank Financial upgraded shares of EMX Royalty (CVE:EMX) to a strong-buy rating in a research note issued to investors on Monday, Zacks.com reports.

EMX Royalty Price Performance

EMX opened at C$2.78 on Monday. The company has a current ratio of 0.94, a quick ratio of 4.65 and a debt-to-equity ratio of 28.76. The firm has a market cap of C$315.61 million, a price-to-earnings ratio of -92.67 and a beta of 0.85. The stock’s 50-day moving average price is C$2.41 and its 200 day moving average price is C$2.51. EMX Royalty has a 12-month low of C$1.91 and a 12-month high of C$2.92.

EMX Royalty (CVE:EMX) last posted its quarterly earnings results on Monday, August 12th. The company reported C($0.05) earnings per share (EPS) for the quarter. The company had revenue of C$8.22 million during the quarter. EMX Royalty had a negative net margin of 7.44% and a negative return on equity of 2.11%. As a group, sell-side analysts expect that EMX Royalty will post 0.01014 earnings per share for the current year.

Insider Buying and Selling at EMX Royalty

In other EMX Royalty news, Director David M. Cole acquired 200,000 shares of the company’s stock in a transaction dated Thursday, October 3rd. The shares were acquired at an average price of C$2.05 per share, for a total transaction of C$410,000.00. In other EMX Royalty news, Director David M. Cole acquired 200,000 shares of the company’s stock in a transaction dated Thursday, October 3rd. The shares were acquired at an average price of C$2.05 per share, for a total transaction of C$410,000.00. Also, Senior Officer Christina Cepeliauskas sold 20,000 shares of the stock in a transaction dated Wednesday, October 16th. The shares were sold at an average price of C$2.57, for a total value of C$51,424.00. 18.66% of the stock is owned by corporate insiders.

About EMX Royalty

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.