( ) has seen a significant increase in short-term interest during the month of April. On April 30, there were 46,900 short shares. This is a 228.0% increase from the total of 14,300 on April 15. The short-interest rate is currently 0.3 days based on an average daily share volume of 136.900. Short-selling is currently 0.1% of shares.
EMX Royalty stock down 1.5 %
The price of the stock fell $0.03 at midday on Thursday to $1.98. The company's average trading volume is 142,390 shares. 104,669 were traded. The company's quick ratio is 5.35, its current ratio is 5.35 and it has a debt to equity ratio of 0.30. The company has a $219.17-million market cap, a P/E of 49.50, and a beta value of 0.78. Separately, HC Wainwright reaffirmed a buy' rating on shares of EMX Royalty and set a target price of $4.00 in a research report on Thursday, 30th March.
Institutional Inflows & Outflows
Hedge funds and institutional investors have recently changed their positions in the company. Private Advisor Group LLC bought a stake in EMX Royalty valued at approximately $823,000. KCM Investment Advisors LLC bought a new stake of EMX Royalty worth $454,000. Renaissance Technologies LLC increased its stake in EMX Royalty in the first quarter by 24.2%. Renaissance Technologies LLC owns 101.200 shares worth $220,000, after purchasing an additional 19.729 shares in the last quarter. Advisor Group Holdings Inc. increased its stake in EMX Royalty from 441.0% to $220,000 in the first three months. Advisor Group Holdings Inc. owns now 83,848 of the company’s stock, valued at $182,000, after purchasing an additional 68 348 shares in the last quarter. Cambridge Investment Research Advisors Inc. also purchased a stake in EMX Royalty during the first quarter, valued at approximately $122,000. Hedge funds, other institutional investors and pension funds own 8.74% each of the company’s shares.
About EMX Royalty
EMX Royalty Corp. is engaged in the acquisition and exploration properties of precious and base Metals. The company focuses on gold, copper and silver properties, as well as lead, zinc, and molybdenum. It conducts its exploration on properties located in Turkey, Haiti and Kyrgyz Republic.
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