Euro Pacific Asset Management LLC Lowers Stock Holdings in EMX Royalty Co. (NYSEAMERICAN:EMX)

Euro Pacific Asset Management LLC lessened its holdings in EMX Royalty Co. (NYSEAMERICAN:EMX) by 20.1% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 1,784,546 shares of the company’s stock after selling 450,000 shares during the period. Euro Pacific Asset Management LLC’s holdings in EMX Royalty were worth $3,176,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of EMX. BNP Paribas Financial Markets boosted its position in shares of EMX Royalty by 817.6% during the first quarter. BNP Paribas Financial Markets now owns 15,600 shares of the company’s stock worth $27,000 after acquiring an additional 13,900 shares during the last quarter. Marshall Wace LLP purchased a new stake in EMX Royalty in the 2nd quarter worth $33,000. Kings Path Partners LLC bought a new position in shares of EMX Royalty during the 2nd quarter valued at about $33,000. Finally, Virtu Financial LLC grew its position in shares of EMX Royalty by 509.6% during the first quarter. Virtu Financial LLC now owns 115,447 shares of the company’s stock valued at $199,000 after purchasing an additional 96,508 shares in the last quarter. 21.54% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the stock. HC Wainwright upped their target price on shares of EMX Royalty from $6.75 to $7.00 and gave the company a “buy” rating in a research report on Tuesday. National Bank Financial initiated coverage on EMX Royalty in a research note on Tuesday, October 22nd. They set an “outperform” rating on the stock.

EMX Royalty Stock Performance

Shares of EMX Royalty stock opened at $1.75 on Friday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 13.15 and a current ratio of 13.15. The firm has a market cap of $193.49 million, a PE ratio of -43.63 and a beta of 0.84. EMX Royalty Co. has a 12 month low of $1.41 and a 12 month high of $2.15.

EMX Royalty 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.