170,000 Shares in EMX Royalty Corp. $EMX Purchased by EverSource Wealth Advisors LLC

EverSource Wealth Advisors LLC bought a new stake in shares of EMX Royalty Corp. (NYSEAMERICAN:EMX) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 170,000 shares of the company’s stock, valued at approximately $428,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in EMX. Arrowstreet Capital Limited Partnership boosted its holdings in shares of EMX Royalty by 339.8% in the second quarter. Arrowstreet Capital Limited Partnership now owns 381,695 shares of the company’s stock valued at $962,000 after acquiring an additional 294,915 shares in the last quarter. Quadrature Capital Ltd acquired a new stake in EMX Royalty in the second quarter worth approximately $146,000. XTX Topco Ltd boosted its stake in EMX Royalty by 254.4% during the 2nd quarter. XTX Topco Ltd now owns 153,896 shares of the company’s stock valued at $388,000 after purchasing an additional 110,477 shares in the last quarter. Medici Capital LLC increased its position in shares of EMX Royalty by 5.4% during the 2nd quarter. Medici Capital LLC now owns 2,107,927 shares of the company’s stock valued at $5,300,000 after purchasing an additional 107,077 shares during the period. Finally, Goldman Sachs Group Inc. increased its position in shares of EMX Royalty by 78.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 42,640 shares of the company’s stock valued at $87,000 after purchasing an additional 18,753 shares during the period. 21.54% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

EMX has been the subject of several research analyst reports. HC Wainwright restated a “buy” rating and issued a $5.75 price objective on shares of EMX Royalty in a report on Monday, September 8th. Zacks Research cut shares of EMX Royalty from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, September 24th. Finally, National Bankshares restated an “outperform” rating on shares of EMX Royalty in a research report on Wednesday, August 13th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $5.75.

EMX Royalty Trading Up 1.2%

Shares of EMX opened at $4.10 on Monday. The business’s 50-day moving average price is $4.38 and its 200 day moving average price is $3.55. The company has a current ratio of 7.86, a quick ratio of 7.86 and a debt-to-equity ratio of 0.21. The stock has a market capitalization of $450.18 million, a P/E ratio of 68.34 and a beta of 0.33. EMX Royalty Corp. has a 1-year low of $1.65 and a 1-year high of $5.39.

EMX Royalty Company 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.