The stock price of EMX Royalty Corp (AMEX: EMX) has jumped by 0.59 compared to previous close of 1.69. Despite this, the company has seen a fall of -2.86% in its stock price over the last five trading days. newsfilecorp.com reported 2025-01-14 that Highlights Cosa has acquired a 70% interest in, and will operate, multiple prospective uranium projects in the infrastructure rich Eastern Athabasca Basin Cosa anticipates the commencement of diamond drilling in the coming weeks at the Murphy Lake North Project, located within 4 km of the Hurricane Deposit Geoff Smith, Denison’s VP Corporate Development and Commercial, joins Cosa’s Board of Directors Chad Sorba, Denison’s VP Technical Services and Project Evaluation; a critical member of the Denison team which discovered both the Phoenix and Gryphon uranium deposits, joins Cosa as Technical Advisor Denison is now Cosa’s largest shareholder at 19.95% ownership and is committed to a minimum of C$1,000,000 participation in future equity financings Vancouver, British Columbia–(Newsfile Corp. – January 14, 2025) – Cosa Resources Corp. (TSXV: COSA) (OTCQB: COSAF) (FSE: SSKU) (“Cosa” or the “Company”) is pleased to announce that it has completed its previously announced acquisition (the “Transaction”) from Denison Mines Corp. (“Denison”) (TSX: DML) (NYSE American: DNN) of a 70% interest in a portfolio of prospective uranium projects (the “Projects”). Keith Bodnarchuk, Cosa President and CEO, commented: “We are thrilled to have completed this transaction and are eager to continue our exploration efforts with our new joint venture partner and largest strategic shareholder Denison Mines.
Is It Worth Investing in EMX Royalty Corp (AMEX: EMX) Right Now?
Moreover, the 36-month beta value for EMX is 0.81. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 2 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for EMX is 91.55M and currently, short sellers hold a 0.17% of that float. On January 20, 2025, EMX’s average trading volume was 283.56K shares.
EMX’s Market Performance
The stock of EMX Royalty Corp (EMX) has seen a -2.86% decrease in the past week, with a -1.73% drop in the past month, and a -8.60% fall in the past quarter. The volatility ratio for the week is 2.19%, and the volatility levels for the past 30 days are at 2.70% for EMX. The simple moving average for the past 20 days is -0.72% for EMX’s stock, with a -6.45% simple moving average for the past 200 days.
Analysts’ Opinion of EMX
H.C. Wainwright, on the other hand, stated in their research note that they expect to see EMX reach a price target of $4.50. The rating they have provided for EMX stocks is “Buy” according to the report published on October 11th, 2021.
EMX Trading at -2.04% from the 50-Day Moving Average
After a stumble in the market that brought EMX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -20.93% of loss for the given period.
Volatility was left at 2.70%, however, over the last 30 days, the volatility rate increased by 2.19%, as shares sank -1.73% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -5.03% lower at present.
During the last 5 trading sessions, EMX fell by -2.86%, which changed the moving average for the period of 200-days by -7.10% in comparison to the 20-day moving average, which settled at $1.7122. In addition, EMX Royalty Corp saw -1.73% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for EMX
Current profitability levels for the company are sitting at:
- -0.16 for the present operating margin
- 0.34 for the gross margin
The net margin for EMX Royalty Corp stands at -0.16. The total capital return value is set at -0.02. Equity return is now at value -3.10, with -2.30 for asset returns.
Based on EMX Royalty Corp (EMX), the company’s capital structure generated 0.23 points at debt to capital in total, while cash flow to debt ratio is standing at 0.23. The debt to equity ratio resting at 0.3. The interest coverage ratio of the stock is -1.05.
Currently, EBITDA for the company is 6.92 million with net debt to EBITDA at 2.4. When we switch over and look at the enterprise to sales, we see a ratio of 8.97. The receivables turnover for the company is 1.32for trailing twelve months and the total asset turnover is 0.14. The liquidity ratio also appears to be rather interesting for investors as it stands at 13.10.
Conclusion
To wrap up, the performance of EMX Royalty Corp (EMX) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
