EMX Royalty (CVE:EMX) Shares Down 2% – Here’s Why

Shares of EMX Royalty Co. (CVE:EMX) were down 2% during trading on Monday . The stock traded as low as C$2.39 and last traded at C$2.39. Approximately 30,029 shares were traded during mid-day trading, a decline of 79% from the average daily volume of 141,918 shares. The stock had previously closed at C$2.44.

Analyst Ratings Changes

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

EMX Royalty Stock Performance

The company has a market capitalization of C$271.34 million, a PE ratio of -79.67 and a beta of 0.85. The company has a quick ratio of 4.65, a current ratio of 0.94 and a debt-to-equity ratio of 28.76. The business has a 50 day simple moving average of C$2.45 and a 200 day simple moving average of C$2.45.

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.