Sprott Inc. Purchases 720,458 Shares of EMX Royalty Co. (NYSEAMERICAN:EMX)

Sprott Inc. lifted its position in shares of EMX Royalty Co. (NYSEAMERICAN:EMX) by 31.4% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 3,014,481 shares of the company’s stock after purchasing an additional 720,458 shares during the quarter. Sprott Inc.’s holdings in EMX Royalty were worth $5,219,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of EMX. BNP Paribas Financial Markets lifted its stake in EMX Royalty by 26.3% in the third quarter. BNP Paribas Financial Markets now owns 77,900 shares of the company’s stock worth $139,000 after purchasing an additional 16,200 shares during the last quarter. Meixler Investment Management Ltd. bought a new stake in shares of EMX Royalty in the 4th quarter valued at about $56,000. Ullmann Wealth Partners Group LLC purchased a new stake in EMX Royalty during the 4th quarter valued at about $35,000. Finally, Apollon Wealth Management LLC bought a new position in EMX Royalty during the 4th quarter worth approximately $25,000. Institutional investors own 21.54% of the company’s stock.

EMX Royalty Price Performance

Shares of EMX opened at $1.80 on Wednesday. The firm has a market cap of $195.84 million, a price-to-earnings ratio of -45.00 and a beta of 0.81. EMX Royalty Co. has a twelve month low of $1.47 and a twelve month high of $2.15. The company has a debt-to-equity ratio of 0.30, a current ratio of 13.15 and a quick ratio of 13.15.

Analyst Ratings Changes

Separately, HC Wainwright reiterated a “buy” rating and issued a $7.00 price objective on shares of EMX Royalty in a research report on Friday, January 10th.

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.