FY2024 EPS Estimates for EMX Royalty Lifted by HC Wainwright

EMX Royalty Co. (CVE:EMX) – Equities researchers at HC Wainwright boosted their FY2024 earnings per share (EPS) estimates for EMX Royalty in a report issued on Tuesday, November 12th. HC Wainwright analyst H. Ihle now forecasts that the company will post earnings per share of ($0.06) for the year, up from their previous forecast of ($0.07). The consensus estimate for EMX Royalty’s current full-year earnings is $0.01 per share.

EMX Royalty (CVE:EMX) last announced 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 for the quarter. EMX Royalty had a negative net margin of 7.44% and a negative return on equity of 2.11%.

Separately, National Bank Financial raised EMX Royalty to a “strong-buy” rating in a research report on Monday, October 21st.

EMX Royalty Trading Down 1.2 %

Shares of EMX stock opened at C$2.38 on Thursday. The stock has a market capitalization of C$270.20 million, a P/E ratio of -79.33 and a beta of 0.85. 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’s 50 day moving average is C$2.48 and its 200 day moving average is C$2.50. EMX Royalty has a 12-month low of C$1.91 and a 12-month high of C$2.92.

Insiders Place Their Bets

In related news, Senior Officer Christina Cepeliauskas sold 20,000 shares of EMX Royalty stock in a transaction on Wednesday, October 16th. The shares were sold at an average price of C$2.57, for a total transaction of C$51,424.00. In other news, Director David M. Cole acquired 200,000 shares of the business’s stock in a transaction dated Thursday, October 3rd. The stock was purchased 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 business’s stock in a transaction dated Wednesday, October 16th. The stock was sold at an average price of C$2.57, for a total value of C$51,424.00. Company insiders own 18.66% 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.