FY2024 EPS Estimate for EMX Royalty Increased by Analyst

EMX Royalty Co. (CVE:EMX) – Investment analysts at HC Wainwright upped their FY2024 earnings estimates for shares of EMX Royalty in a research note issued on Tuesday, November 12th. HC Wainwright analyst H. Ihle now anticipates that the company will post earnings of ($0.06) per share for the year, up from their prior estimate of ($0.07). The consensus estimate for EMX Royalty’s current full-year earnings is $0.01 per share.

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

EMX Royalty Stock Performance

CVE EMX opened at C$2.46 on Thursday. The firm has a market cap of C$279.28 million, a price-to-earnings ratio of -82.00 and a beta of 0.85. The company has a 50-day simple moving average of C$2.49 and a two-hundred day simple moving average of C$2.50. The company has a quick ratio of 4.65, a current ratio of 0.94 and a debt-to-equity ratio of 28.76. 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 the company’s stock in a transaction that occurred on Wednesday, October 16th. The stock was sold at an average price of C$2.57, for a total value of C$51,424.00. Also, Director David M. Cole purchased 200,000 shares of the firm’s stock in a transaction dated Thursday, October 3rd. The stock was acquired at an average price of C$2.05 per share, with a total value of C$410,000.00. Corporate insiders own 18.66% of the company’s stock.

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.