EMX Royalty Corporation (AMEX: EMX) is 26.54% higher on its value in year-to-date trading and has touched a low of $1.41 and a high of $2.20 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The EMX stock was last observed hovering at around $1.96 in the last trading session, with the day’s gains setting it 0.09%.
Currently trading at $2.05, the stock is 14.39% and 24.47% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.74 million and changing 4.59% at the moment leaves the stock 19.17% off its SMA200. EMX registered -4.21% loss for a year compared to 6-month loss of 10.81%. The firm has a 50-day simple moving average (SMA 50) of $11.71 and a 200-day simple moving average (SMA200) of $34.34.
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The stock witnessed a 18.50% gain in the last 1 month and extending the period to 3 months gives it a 29.75%, and is 9.63% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.78% over the week and 4.02% over the month.
EMX Royalty Corporation (EMX) has around 46 employees, a market worth around $299.83M and $26.60M in sales. Profit margin for the company is -17.40%. Distance from 52-week low is 45.39% and -6.81% from its 52-week high. The company has generated returns on investments over the last 12 months (0.90%).
EMX Royalty Corporation quarterly earnings per share for the current quarter are estimated at $0 with sales reaching $25.78M over the same period.The EPS is expected to shrink by -236.70% this year
41 institutions hold shares in EMX Royalty Corporation (EMX), with institutional investors hold 20.84% of the company’s shares. The shares outstanding are 112.23M, and float is at 90.40M with Short Float at 0.06%. Institutions hold 16.07% of the Float.
The top institutional shareholder in the company is Sprott Inc. with over 3.79 million shares valued at $7.21 million. The investor’s holdings represent 3.38% of the EMX Shares outstanding. As of Sep 29, 2023, the second largest holder is Equinox Partners Investment Management, LLC with 1.61 million shares valued at $2.86 million to account for 1.43% of the shares outstanding. The other top investors are Euro Pacific Asset Management, LLC which holds 1.54 million shares representing 1.37% and valued at over $2.93 million, while U.S. Global Investors, Inc. holds 1.11% of the shares totaling 1.25 million with a market value of $2.23 million.
