This company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsEMX Royalty（0SR1）株式概要2025年11月13日、EMX Royalty CorporationはElemental Altus Royalties Corp.に買収された。 詳細0SR1 ファンダメンタル分析スノーフレーク・スコア評価0/6将来の成長2/6過去の実績2/6財務の健全性4/6配当金0/6報酬収益は年間41.89%増加すると予測されています 今年は黒字化を達成 リスク分析株式の流動性は非常に低い 財務結果に影響を与える大きな一時的項目 すべてのリスクチェックを見る0SR1 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueCA$Current PriceCA$5.7576.9% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-20m172m2016201920222025202620282031Revenue US$171.7mEarnings US$28.0mAdvancedSet Fair ValueView all narrativesEMX Royalty Corporation 競合他社Griffin MiningSymbol: AIM:GFMMarket cap: UK£535.1mCapitalSymbol: LSE:CAPDMarket cap: UK£260.7mGalileo ResourcesSymbol: AIM:GLRMarket cap: UK£10.0mBezant ResourcesSymbol: AIM:BZTMarket cap: UK£18.0m価格と性能株価の高値、安値、推移の概要EMX Royalty過去の株価現在の株価CA$5.7552週高値CA$7.4552週安値CA$2.39ベータ0.371ヶ月の変化-7.09%3ヶ月変化25.02%1年変化138.62%3年間の変化n/a5年間の変化n/aIPOからの変化45.59%最新ニュースお知らせ • Nov 14Elemental Altus Royalties Corp. (TSXV:ELE) completed the acquisition of EMX Royalty Corporation (TSXV:EMX).Elemental Altus Royalties Corp. (TSXV:ELE) entered into a definitive agreement to acquire EMX Royalty Corporation (TSXV:EMX) for approximately CAD 640 million on September 4, 2025. Concurrently with and in support of the Transaction, Tether Investments S.A. de C.V. ("Tether") and Elemental Altus have entered into a subscription agreement dated September 4, 2025 (the "Tether Subscription Agreement") pursuant to which, among other things, Tether has agreed to purchase approximately 75 million Elemental Altus Shares at a price of C$1.84 per share. Upon completion of the Transaction, the Merged Company will be renamed Elemental Royalty Corp. and listed on the TSX Venture Exchange under the ticker "ELE". The Board of Directors will include three representatives from Elemental Altus and two from EMX, with Juan Sartori continuing as Executive Chairman and David Cole as CEO, while Frederick Bell will be President and COO. The headquarters will remain in Vancouver, British Columbia. Existing Elemental Altus and former EMX shareholders are expected to own approximately 51% and 49% of the Merged Company, respectively, on a basic basis. A special committee will consist solely of independent directors of EMX. The Transaction will require the approval of at least 66 2/3% of the votes cast at a special meeting of shareholders of EMX (the "EMX Special Meeting"), if, and to the extent, required under applicable Canadian securities laws, a majority of the votes cast at a the EMX Special Meeting, excluding the votes attached to EMX Shares held by persons required to be excluded pursuant to Multilateral Instrument 61-101 – Protection of Minority Security Holder in Special Transactions. In addition, the transaction is subject to court approval, approval of the EMX shareholders, approval of the Elemental Altus shareholders for the Tether Concurrent Financing, TSX-V, regulatory and court approvals and other customary closing conditions for Transactions. Further, the completion of the Transaction is subject to the conditional approval of the listing of the Elemental Altus Shares on a US stock exchange. The Board of Directors of Elemental Altus has unanimously approved the Transaction and recommends that the shareholders of Elemental Altus vote in favour of the Elemental Altus Resolutions. The Supreme Court of British Columbia has granted an interim order for the transaction which authorizes EMX to proceed with the upcoming special meeting and other meeting-related matters. The Transaction is expected to close in the fourth quarter of 2025. Termination fee payable under certain circumstances is CAD 15.8 million. On November 4, 2025, EMX Royalty shareholders approved the transaction. The expected completion of the transaction is in mid-November. As of November 10, 2025, EMX received court approval for arrangement with Elemental Altus. As of November 12, 2025, it was announced that the transaction is expected to close in November. National Bank Financial, Inc. is acting as financial advisor, Fasken Martineau DuMoulin LLP is acting as legal advisor and Greenberg Traurig, LLP, is acting as U.S. legal counsel to Elemental Altus. GenCap Mining Advisory Ltd. served as fairness opinion provider to the Elemental Altus Board of Directors. CIBC World Markets Inc. is acting as financial advisor to EMX. CIBC World Markets Inc. is acting as a fairness opinion provider to the EMX Board of Directors. Haywood Securities Inc. is acting as financial advisor to the EMX Special Committee and Haywood Securities Inc. is acting as a fairness opinion provider to the EMX Special Committee. Cassels Brock & Blackwell LLP is acting as Canadian legal advisor to EMX. Crowell & Moring LLP is acting as U.S. legal advisor to EMX. Blake, Cassels & Graydon LLP is acting as legal advisor to the EMX Special Committee. The Laurel Hill Advisory Group LLC acted as information agent to EMX. Elemental Altus Royalties Corp. (TSXV:ELE) completed the acquisition of EMX Royalty Corporation (TSXV:EMX) on November 13, 2025.お知らせ • Nov 13+ 1 more updateEMX Royalty Corporation(TSXV:EMX) dropped from S&P/TSX Venture Composite IndexEMX Royalty Corporation(TSXV:EMX) dropped from S&P/TSX Venture Composite IndexBuy Or Sell Opportunity • Oct 16Now 25% overvalued after recent price riseOver the last 90 days, the stock has risen 81% to CA$7.08. The fair value is estimated to be CA$5.67, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Meanwhile, the company has become profitable.Buy Or Sell Opportunity • Oct 01Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 100% to CA$7.28. The fair value is estimated to be CA$6.01, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Meanwhile, the company has become profitable.お知らせ • Sep 05Elemental Altus Royalties Corp. (TSXV:ELE) agreed to acquire EMX Royalty Corporation (TSXV:EMX) for approximately CAD 640 million.Elemental Altus Royalties Corp. (TSXV:ELE) entered into a definitive agreement to acquire EMX Royalty Corporation (TSXV:EMX) for approximately CAD 640 million on September 4, 2025. Concurrently with and in support of the Transaction, Tether Investments S.A. de C.V. ("Tether") and Elemental Altus have entered into a subscription agreement dated September 4, 2025 (the "Tether Subscription Agreement") pursuant to which, among other things, Tether has agreed to purchase approximately 75 million Elemental Altus Shares at a price of C$1.84 per share. Upon completion of the Transaction, the Merged Company will be renamed Elemental Royalty Corp. and will be listed on the TSX Venture Exchange under the ticker "ELE". The Board of Directors will be comprised of three representatives from Elemental Altus and two representatives from EMX. Juan Sartori will continue as Executive Chairman and David Cole will serve as Chief Executive Officer of the Merged Company, while Frederick Bell will assume the role of President and Chief Operating Officer. Headquartered of the merged entity will remain in Vancouver, British Columbia. The Transaction will require the approval of at least 66 2/3% of the votes cast at a special meeting of shareholders of EMX (the "EMX Special Meeting"), if, and to the extent, required under applicable Canadian securities laws, a majority of the votes cast at a the EMX Special Meeting, excluding the votes attached to EMX Shares held by persons required to be excluded pursuant to Multilateral Instrument 61-101 – Protection of Minority Security Holder in Special Transactions. In addition, it is subject to court approval, approval of the EMX shareholders, completion of the Transaction is subject to approval of the Elemental Altus shareholders for the Tether Concurrent Financing, TSX-V, regulatory and court approvals and other customary closing conditions for Transactions. Further, the completion of the Transaction is subject to the conditional approval of the listing of the Elemental Altus Shares on a US stock exchange. The Board of Directors of Elemental Altus has unanimously approved the Transaction and recommends that the shareholders of Elemental Altus vote in favour of the Elemental Altus Resolutions. The Transaction is expected to close in the fourth quarter of 2025. Upon completion of the Transaction, including the Tether Concurrent Financing, existing Elemental Altus and former EMX shareholders are expected to own approximately 51% and 49% of the Merged Company, respectively, on a basic basis. Special committee will be comprised solely of independent directors of EMX. National Bank Financial, Inc. is acting as financial advisor, Fasken Martineau DuMoulin LLP is acting as legal advisor and Greenberg Traurig, LLP, is acting as U.S. legal counsel to Elemental Altus. GenCap Mining Advisory Ltd. served as fairness opinion provider to the Elemental Altus Board of Directors. CIBC World Markets Inc. is acting as financial advisor to EMX. CIBC World Markets Inc. is acting as a fairness opinion provider to the EMX Board of Directors. Haywood Securities Inc. is acting as financial advisor to the EMX Special Committee and Haywood Securities Inc. is acting as a fairness opinion provider to the EMX Special Committee. Cassels Brock & Blackwell LLP is acting as Canadian legal advisor to EMX. Crowell & Moring LLP is acting as U.S. legal advisor to EMX. Blake, Cassels & Graydon LLP is acting as legal advisor to the EMX Special Committee.Reported Earnings • Aug 13Second quarter 2025 earnings released: EPS: US$0.006 (vs US$0.036 loss in 2Q 2024)Second quarter 2025 results: EPS: US$0.006 (up from US$0.036 loss in 2Q 2024). Revenue: US$6.24m (up 3.9% from 2Q 2024). Net income: US$642.0k (up US$4.66m from 2Q 2024). Profit margin: 10% (up from net loss in 2Q 2024). The move to profitability was primarily driven by lower expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.最新情報をもっと見るRecent updatesお知らせ • Nov 14Elemental Altus Royalties Corp. (TSXV:ELE) completed the acquisition of EMX Royalty Corporation (TSXV:EMX).Elemental Altus Royalties Corp. (TSXV:ELE) entered into a definitive agreement to acquire EMX Royalty Corporation (TSXV:EMX) for approximately CAD 640 million on September 4, 2025. Concurrently with and in support of the Transaction, Tether Investments S.A. de C.V. ("Tether") and Elemental Altus have entered into a subscription agreement dated September 4, 2025 (the "Tether Subscription Agreement") pursuant to which, among other things, Tether has agreed to purchase approximately 75 million Elemental Altus Shares at a price of C$1.84 per share. Upon completion of the Transaction, the Merged Company will be renamed Elemental Royalty Corp. and listed on the TSX Venture Exchange under the ticker "ELE". The Board of Directors will include three representatives from Elemental Altus and two from EMX, with Juan Sartori continuing as Executive Chairman and David Cole as CEO, while Frederick Bell will be President and COO. The headquarters will remain in Vancouver, British Columbia. Existing Elemental Altus and former EMX shareholders are expected to own approximately 51% and 49% of the Merged Company, respectively, on a basic basis. A special committee will consist solely of independent directors of EMX. The Transaction will require the approval of at least 66 2/3% of the votes cast at a special meeting of shareholders of EMX (the "EMX Special Meeting"), if, and to the extent, required under applicable Canadian securities laws, a majority of the votes cast at a the EMX Special Meeting, excluding the votes attached to EMX Shares held by persons required to be excluded pursuant to Multilateral Instrument 61-101 – Protection of Minority Security Holder in Special Transactions. In addition, the transaction is subject to court approval, approval of the EMX shareholders, approval of the Elemental Altus shareholders for the Tether Concurrent Financing, TSX-V, regulatory and court approvals and other customary closing conditions for Transactions. Further, the completion of the Transaction is subject to the conditional approval of the listing of the Elemental Altus Shares on a US stock exchange. The Board of Directors of Elemental Altus has unanimously approved the Transaction and recommends that the shareholders of Elemental Altus vote in favour of the Elemental Altus Resolutions. The Supreme Court of British Columbia has granted an interim order for the transaction which authorizes EMX to proceed with the upcoming special meeting and other meeting-related matters. The Transaction is expected to close in the fourth quarter of 2025. Termination fee payable under certain circumstances is CAD 15.8 million. On November 4, 2025, EMX Royalty shareholders approved the transaction. The expected completion of the transaction is in mid-November. As of November 10, 2025, EMX received court approval for arrangement with Elemental Altus. As of November 12, 2025, it was announced that the transaction is expected to close in November. National Bank Financial, Inc. is acting as financial advisor, Fasken Martineau DuMoulin LLP is acting as legal advisor and Greenberg Traurig, LLP, is acting as U.S. legal counsel to Elemental Altus. GenCap Mining Advisory Ltd. served as fairness opinion provider to the Elemental Altus Board of Directors. CIBC World Markets Inc. is acting as financial advisor to EMX. CIBC World Markets Inc. is acting as a fairness opinion provider to the EMX Board of Directors. Haywood Securities Inc. is acting as financial advisor to the EMX Special Committee and Haywood Securities Inc. is acting as a fairness opinion provider to the EMX Special Committee. Cassels Brock & Blackwell LLP is acting as Canadian legal advisor to EMX. Crowell & Moring LLP is acting as U.S. legal advisor to EMX. Blake, Cassels & Graydon LLP is acting as legal advisor to the EMX Special Committee. The Laurel Hill Advisory Group LLC acted as information agent to EMX. Elemental Altus Royalties Corp. (TSXV:ELE) completed the acquisition of EMX Royalty Corporation (TSXV:EMX) on November 13, 2025.お知らせ • Nov 13+ 1 more updateEMX Royalty Corporation(TSXV:EMX) dropped from S&P/TSX Venture Composite IndexEMX Royalty Corporation(TSXV:EMX) dropped from S&P/TSX Venture Composite IndexBuy Or Sell Opportunity • Oct 16Now 25% overvalued after recent price riseOver the last 90 days, the stock has risen 81% to CA$7.08. The fair value is estimated to be CA$5.67, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Meanwhile, the company has become profitable.Buy Or Sell Opportunity • Oct 01Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 100% to CA$7.28. The fair value is estimated to be CA$6.01, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Meanwhile, the company has become profitable.お知らせ • Sep 05Elemental Altus Royalties Corp. (TSXV:ELE) agreed to acquire EMX Royalty Corporation (TSXV:EMX) for approximately CAD 640 million.Elemental Altus Royalties Corp. (TSXV:ELE) entered into a definitive agreement to acquire EMX Royalty Corporation (TSXV:EMX) for approximately CAD 640 million on September 4, 2025. Concurrently with and in support of the Transaction, Tether Investments S.A. de C.V. ("Tether") and Elemental Altus have entered into a subscription agreement dated September 4, 2025 (the "Tether Subscription Agreement") pursuant to which, among other things, Tether has agreed to purchase approximately 75 million Elemental Altus Shares at a price of C$1.84 per share. Upon completion of the Transaction, the Merged Company will be renamed Elemental Royalty Corp. and will be listed on the TSX Venture Exchange under the ticker "ELE". The Board of Directors will be comprised of three representatives from Elemental Altus and two representatives from EMX. Juan Sartori will continue as Executive Chairman and David Cole will serve as Chief Executive Officer of the Merged Company, while Frederick Bell will assume the role of President and Chief Operating Officer. Headquartered of the merged entity will remain in Vancouver, British Columbia. The Transaction will require the approval of at least 66 2/3% of the votes cast at a special meeting of shareholders of EMX (the "EMX Special Meeting"), if, and to the extent, required under applicable Canadian securities laws, a majority of the votes cast at a the EMX Special Meeting, excluding the votes attached to EMX Shares held by persons required to be excluded pursuant to Multilateral Instrument 61-101 – Protection of Minority Security Holder in Special Transactions. In addition, it is subject to court approval, approval of the EMX shareholders, completion of the Transaction is subject to approval of the Elemental Altus shareholders for the Tether Concurrent Financing, TSX-V, regulatory and court approvals and other customary closing conditions for Transactions. Further, the completion of the Transaction is subject to the conditional approval of the listing of the Elemental Altus Shares on a US stock exchange. The Board of Directors of Elemental Altus has unanimously approved the Transaction and recommends that the shareholders of Elemental Altus vote in favour of the Elemental Altus Resolutions. The Transaction is expected to close in the fourth quarter of 2025. Upon completion of the Transaction, including the Tether Concurrent Financing, existing Elemental Altus and former EMX shareholders are expected to own approximately 51% and 49% of the Merged Company, respectively, on a basic basis. Special committee will be comprised solely of independent directors of EMX. National Bank Financial, Inc. is acting as financial advisor, Fasken Martineau DuMoulin LLP is acting as legal advisor and Greenberg Traurig, LLP, is acting as U.S. legal counsel to Elemental Altus. GenCap Mining Advisory Ltd. served as fairness opinion provider to the Elemental Altus Board of Directors. CIBC World Markets Inc. is acting as financial advisor to EMX. CIBC World Markets Inc. is acting as a fairness opinion provider to the EMX Board of Directors. Haywood Securities Inc. is acting as financial advisor to the EMX Special Committee and Haywood Securities Inc. is acting as a fairness opinion provider to the EMX Special Committee. Cassels Brock & Blackwell LLP is acting as Canadian legal advisor to EMX. Crowell & Moring LLP is acting as U.S. legal advisor to EMX. Blake, Cassels & Graydon LLP is acting as legal advisor to the EMX Special Committee.Reported Earnings • Aug 13Second quarter 2025 earnings released: EPS: US$0.006 (vs US$0.036 loss in 2Q 2024)Second quarter 2025 results: EPS: US$0.006 (up from US$0.036 loss in 2Q 2024). Revenue: US$6.24m (up 3.9% from 2Q 2024). Net income: US$642.0k (up US$4.66m from 2Q 2024). Profit margin: 10% (up from net loss in 2Q 2024). The move to profitability was primarily driven by lower expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.お知らせ • Jul 09Avesoro Morocco LTD acquired EMX Morocco Corp. from EMX Royalty Corporation (TSXV:EMX) for $0.65 million.Avesoro Morocco LTD agreed to acquire EMX Morocco Corp. from EMX Royalty Corporation (TSXV:EMX) for $0.65 million on March 19, 2025. A cash consideration of $0.65 million will be paid by Avesoro Morocco LTD. Avesoro will fully fund the alliance activities, which will include the advancement of certain projects in the EMX Moroccan portfolio, as well as new projects identified by the alliance for acquisition. Under the Agreement, Avesoro will acquire EMX’s operating entity in Morocco (“EMX Corp Morocco”, a wholly owned subsidiary of EMX) that currently domiciles EMX’s exploration projects and its Moroccan exploration staff. Projects slated for advancement under the alliance will be initially designated as Alliance Exploration Projects (“AEP’s”). These will be funded from an annual budget agreed upon by Avesoro and EMX. Once a project reaches an appropriate stage of advancement, it can be converted to a Designated Project (“DP”) and advanced from an independent pool of funding provided by Avesoro. At the end of the alliance term, any AEP’s that have not become DP’s will revert to EMX. The key conditions precedent for closing have now been completed. Avesoro Morocco LTD completed the acquisition of EMX Morocco Corp. from EMX Royalty Corporation (TSXV:EMX) on July 8, 2025.お知らせ • Jun 03First Nordic Metals Corp. (TSXV:FNM) agreed to acquire Nordic Business Unit of EMX Royalty Corporation for 3.25 million SEK.First Nordic Metals Corp. (TSXV:FNM) agreed to acquire Nordic Business Unit of EMX Royalty Corporation for 3.25 million SEK on May 30, 2025. 3.25 million SEK are payable in equal parts of cash and First Nordic common shares, which consists of 1.05 million SEK paid upon closing, 1.20 million SEK paid on the first anniversary of the agreement and 1.00 million SEK paid on the second anniversary of the agreement. The transaction remains subject to TSXV approval.Reported Earnings • May 15First quarter 2025 earnings released: EPS: US$0.012 (vs US$0.02 loss in 1Q 2024)First quarter 2025 results: EPS: US$0.012 (up from US$0.02 loss in 1Q 2024). Revenue: US$8.42m (up 35% from 1Q 2024). Net income: US$1.26m (up US$3.49m from 1Q 2024). Profit margin: 15% (up from net loss in 1Q 2024). The move to profitability was primarily driven by higher revenue. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 24EMX Royalty Corporation, Annual General Meeting, Jun 02, 2025EMX Royalty Corporation, Annual General Meeting, Jun 02, 2025. Location: british columbia, vancouver CanadaReported Earnings • Mar 14Full year 2024 earnings released: US$0.029 loss per share (vs US$0.042 loss in FY 2023)Full year 2024 results: US$0.029 loss per share (improved from US$0.042 loss in FY 2023). Revenue: US$27.4m (up 3.1% from FY 2023). Net loss: US$3.29m (loss narrowed 29% from FY 2023). Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.お知らせ • Feb 05EMX Royalty Corporation Announces Stepping Down of Chris Wright from BoardEMX Royalty Corporation announced confirmation of EMX board member, Mr. Chris Wright, as U.S. Secretary of Energy under President Donald Trump. Mr. Wright was confirmed as Secretary on February 3, 2025 in a bipartisan vote in the U.S. Senate and will now join the Cabinet of the United States in Washington, D.C. Mr. Wright is known for his innovations and entrepreneurial contributions to the energy sector, but also for his focus on humanitarian efforts such as co-founding the Bettering Human Lives Foundation. He has been a spirited contributor at EMX board meetings and management discussions. As a consequence of his confirmation, Mr. Wright will step down from the board of EMX.Reported Earnings • Nov 09Third quarter 2024 earnings released: EPS: US$0.01 (vs US$0.022 in 3Q 2023)Third quarter 2024 results: EPS: US$0.01 (down from US$0.022 in 3Q 2023). Revenue: US$7.03m (down 46% from 3Q 2023). Net income: US$1.19m (down 51% from 3Q 2023). Profit margin: 17% (down from 19% in 3Q 2023). Revenue is forecast to grow 7.2% p.a. on average during the next 2 years, compared to a 1.5% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.Recent Insider Transactions • Oct 18Chief Administrative Officer recently sold CA$51k worth of stockOn the 16th of October, Christina Cepeliauskas sold around 20k shares on-market at roughly CA$2.57 per share. This transaction amounted to 6.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought CA$341k more than they sold in the last 12 months.Recent Insider Transactions • Oct 16Executive Chairman of the Board recently bought CA$66k worth of stockOn the 7th of October, Michael Winn bought around 27k shares on-market at roughly CA$2.42 per share. This transaction amounted to 1.8% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth CA$410k. This was Michael's only on-market trade for the last 12 months.Recent Insider Transactions • Oct 06President recently bought CA$410k worth of stockOn the 3rd of October, David Cole bought around 200k shares on-market at roughly CA$2.05 per share. This transaction amounted to 7.9% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was David's only on-market trade for the last 12 months.お知らせ • Sep 18+ 1 more updateEMX Royalty Corporation Announces CFO ChangesEMX Royalty Corporation announced the appointment of Mr. Stefan L. Wenger as Chief Financial Officer effective October 1, 2024. Mr. Wenger was previously the Chief Financial Officer and Treasurer of Royal Gold Inc., from 2006 to 2018. Prior to becoming Royal Gold's CFO, Mr. Wenger was the Chief Accounting Officer from 2003 to 2006. During his tenure, Royal Gold grew its portfolio from 14 to 188 royalties, while annual revenues increased from $15 million to $459 million. Before Royal Gold, Mr. Wenger had begun his career as an auditor with Arthur Andersen. Mr. Wenger holds a Bachelor of Science degree in Business Administration from Colorado State University, has completed the General Management Program at the Harvard Business School, and is a Certified Public Accountant. In addition to Mr. Wenger's new role as CFO, and as part of the Company's optimization of corporate responsibilities, Mr. Douglas Reed has transitioned from CFO to become EMX's Chief Accounting Officer.Reported Earnings • Aug 14Second quarter 2024 earnings released: US$0.036 loss per share (vs US$0.043 loss in 2Q 2023)Second quarter 2024 results: US$0.036 loss per share (improved from US$0.043 loss in 2Q 2023). Revenue: US$6.01m (up 76% from 2Q 2023). Net loss: US$4.02m (loss narrowed 15% from 2Q 2023). Revenue is forecast to grow 1.7% p.a. on average during the next 2 years, compared to a 1.2% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.New Risk • May 30New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.2% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 54% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (2.2% increase in shares outstanding). Significant insider selling over the past 3 months (CA$378k sold).Recent Insider Transactions • May 30Chief Geologist recently sold CA$251k worth of stockOn the 28th of May, David Johnson sold around 90k shares on-market at roughly CA$2.78 per share. This transaction amounted to 9.3% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$510k more than they bought in the last 12 months.Reported Earnings • May 14First quarter 2024 earnings released: US$0.02 loss per share (vs US$0.034 loss in 1Q 2023)First quarter 2024 results: US$0.02 loss per share (improved from US$0.034 loss in 1Q 2023). Revenue: US$6.24m (up 128% from 1Q 2023). Net loss: US$2.23m (loss narrowed 40% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.Board Change • May 03High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Chris Wright was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Apr 30EMX Royalty Corporation Announces Board ChangesEMX Royalty Corporation announced the appointment of Mr. Dawson Brisco and Mr. Chris Wright as independent directors to the Board effective immediately. Mr. Brisco is a Professional Geologist with 20 years of mining industry and business development experience in a variety of roles in the bulk commodity, metals and energy sectors. Mr. Brisco is currently the President and CEO of Morien Resources Corp., a Canadian mining royalty company specialized in bulk commodities, a position he has held since 2018. Prior to joining Morien, Mr. Brisco held numerous senior business development and technical roles including senior manager of an exploration alliance with Xstrata in Asia from 2005 to 2010. Mr. Brisco is an independent Director of the Mining Association of Nova Scotia and holds an Honours Bachelor of Science degree in Geology from Saint Mary's University in Halifax, Nova Scotia. Mr. Wright serves as Chief Executive Officer and Chairman of the Board of Liberty Energy. Mr. Wright is a dedicated humanitarian with a passion for bringing the benefits of energy to every community in the world. This passion has inspired a career in energy working not only in oil and gas but nuclear, solar, and geothermal. Mr. Wright embraces all sources of energy if they are abundant, affordable, and reliable. Mr. Wright completed an undergraduate degree in Mechanical Engineering at MIT and graduate work in Electrical Engineering at both UC Berkeley and MIT. Mr. Wright founded Pinnacle Technologies and served as CEO from 1992 to 2006. Pinnacle created the hydraulic fracture mapping industry and its innovations helped launch commercial shale gas production in the late 1990s. Mr. Wright was Chairman of Stroud Energy, an early shale gas producer, before its sale to Range Resources in 2006. Additionally, Mr. Wright founded and served as Executive Chairman of Liberty Resources and Liberty Midstream Solutions until its sale in 2024. He also sits on the Board of Directors for Urban Solutions Group, and the Federal Reserve Bank, Denver Branch. In addition to his role at Liberty Energy, Mr. Wright serves on the board of numerous organizations and nonprofits, including a founding board member of the Bettering Human Lives Foundation.お知らせ • Apr 20EMX Royalty Corporation, Annual General Meeting, Jun 28, 2024EMX Royalty Corporation, Annual General Meeting, Jun 28, 2024.お知らせ • Jan 05Lumira Energy Limited agreed to acquire Sagvoll and Meråker projects in Norway from EMX Royalty Corporation (TSXV:EMX).Lumira Energy Limited agreed to acquire Sagvoll and Meråker projects in Norway from EMX Royalty Corporation (TSXV:EMX) on January 3, 2024. In related transaction Lumira Energy Limited acquires Copperhole Creek project in Queensland Australia. Lumira will vest a 100% interest in the Projects, by granting to EMX; a cash payment of AUD 0.05 million. A 2.5% NSR royalty interest on each project; Annual advance royalty payments of AUD 0.035 million per project per year commencing upon the second anniversary of the IPO, with the AAR payments escalating by 15% per year until reaching a maximum of AUD 0.1 million per year; Equity payments of AUD 0.15 million in shares of Lumira upon completion of the IPO along with the same number of options exercisable at a 50% premium to the IPO price for two years and an additional same number of options exercisable at a 100% premium to the IPO price for three years. An additional 0.75 million shares upon the first anniversary of the IPO. Milestone payments include AUD 0.25 million in cash upon completion of a Preliminary Economic Assessment and AUD 0.5 million in cash upon completion of a Prefeasibility Study.Recent Insider Transactions • Dec 25Chief Geologist recently bought CA$58k worth of stockOn the 21st of December, David Johnson bought around 30k shares on-market at roughly CA$1.93 per share. This transaction amounted to 3.2% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold CA$299k more in shares than they bought in the last 12 months.Reported Earnings • Aug 18Second quarter 2023 earnings released: US$0.043 loss per share (vs US$0.03 loss in 2Q 2022)Second quarter 2023 results: US$0.043 loss per share (further deteriorated from US$0.03 loss in 2Q 2022). Revenue: US$3.41m (down 52% from 2Q 2022). Net loss: US$4.72m (loss widened 42% from 2Q 2022).お知らせ • Aug 08Kendrick Resources PLC (LSE:KEN) signed a sale and purchase agreement to acquire EV Metals AB from EMX Royalty Corporation (TSXV:EMX).Kendrick Resources PLC (LSE:KEN) signed a sale and purchase agreement to acquire EV Metals AB from EMX Royalty Corporation (TSXV:EMX) for SEK 19.6 million on August 7, 2023. Kendrick are acquiring EV Metals AB for SEK110,780 and the issue of 15 million 5 year options to EMX to acquire ordinary shares in the Company (Kendrick Shares) at 1.3 pence per Kendrick Share (EMX Options) which is at a premium of approximately 67% to Kendrick's closing share price on 4 August 2023 of 0.7750 pence. The EMX Options if exercised will allow EMX to increase its Kendrick shareholding. On or before 13 January 2024, the Company has to pay an annual advanced royalty of US$30,000 per project to EMX which increases by US$5,000 annually per Project ceasing upon the Commencement of Commercial Production ("Advance Royalty").; and on or before 13 May 2024 the Company has committed to one thousand meter drilling for each of the Swedish Nickel Projects and thereafter annually ceasing for a project on the date upon which the Company commissions a Pre-Feasibility Study on the project Royalty Agreement: The Parties shall at closing of the Acquisition enter into a royalty agreement under which a 3% net smelter royalty is payable to EMX on commercial production from any of the Swedish Projects. A 1% interest in this royalty may be bought back in stages for a total cash consideration of US$1,000,000 on or before the fifth anniversary of the date of the Royalty Agreement. For the year ended 31 December 2022, EV Metals AB made an audited profit of SEK343,630.Reported Earnings • May 17First quarter 2023 earnings released: US$0.034 loss per share (vs US$0.18 profit in 1Q 2022)First quarter 2023 results: US$0.034 loss per share (down from US$0.18 profit in 1Q 2022). Revenue: US$2.74m (up 55% from 1Q 2022). Net loss: US$3.73m (down 120% from profit in 1Q 2022).Reported Earnings • Mar 31Full year 2022 earnings released: EPS: CA$0.031 (vs CA$0.27 loss in FY 2021)Full year 2022 results: EPS: CA$0.031 (up from CA$0.27 loss in FY 2021). Revenue: CA$18.3m (up 143% from FY 2021). Net income: CA$3.35m (up CA$27.1m from FY 2021). Profit margin: 18% (up from net loss in FY 2021).お知らせ • Feb 17EMX Royalty Corporation to Provide an Update on the Advancement of Its 100% Owned Yarrol Project in Queensland, AustraliaEMX Royalty Corporation to provide an update on the advancement of its 100% owned Yarrol Project in Queensland, Australia. The Yarrol Project contains zones of gold and copper mineralization in addition to areas with cobalt-enriched manganese oxide mineralization and heavy mineral sands deposits. A recently executed reconnaissance drill program targeted all three styles of mineralization. Analytical results from a drill hole in the core of the historically defined zone of gold mineralization are highlighted by an intercept of 17.8 meters averaging 4.01 g/t gold from 61 meters in drill hole DD22-YA1871. A second hole (DD22-YA188) intersected multiple intervals of gold mineralization including 12 meters at 0.91 g/t gold from 92 meters. These holes were intended to confirm the nature of the gold mineralization that have been historically mined and explored at Yarrol. It is notable that the selected sample intervals from both drill holes began and ended in gold mineralization, and additional intervals will be sampled and analyzed from both holes. Drill holes DD22-YA187 and DD22-YA188 were drilled as part of a 15 hole program, with two deeper core holes in the zones of gold mineralization and 13 shallow diamond and air core holes targeting the manganese-cobalt mineralization and mineral sands. EMX expects to receive additional analytical results for the manganese-cobalt mineralization and mineral sands deposits in the coming weeks. Results from those drill holes will be discussed in a separate disclosure. The Yarrol Project is currently available for partnership, in accordance with the royalty generation aspect of EMX's business model. Yarrol Project. The 55,900 Ha Yarrol Project is located between EMX's Queensland Gold project and Evolution Mining's Mt Rawdon gold mine, and is positioned along the regional scale Yarrol Fault zone. Several other historical mines and active exploration projects also lie along the Yarrol Fault structural trend. Yarrol was the site of historical gold mining activities in the 1800's through the 1930's, with historical gold production averaging ~10 g/t.3 Further exploration and assessments conducted in the 1980's and 1990's led to the definition of two historical gold resources. Gold mineralization at Yarrol is present as quartz sulfide veins and zones of silicification developed in and around Permian-aged dioritic intrusions as confirmed in holes DD22-YA187 and DD22-YA188. In late 2021, while conducting exploration programs to expand the known zones of gold mineralization, EMX geologists encountered zones of cobalt-enriched manganese oxide mineralization on the northern side of the Project area. This led to an expansion of the land position, as well as new exploration programs targeting the manganese and cobalt mineralization. Surface sampling programs demonstrated that the zones of manganese oxide mineralization encountered in the field consistently averaged over 1% cobalt, accompanied by enrichments in both nickel and copper.お知らせ • Jan 20EMX Royalty Corporation Provides an Update on the Diablillos Royalty Property in ArgentinaEMX Royalty Corporation provide an update on advances at the Diablillos royalty property in Argentina. The Diablillos silver- gold project is being advanced by AbraSilver Resource Corp. EMX's interest in the Property consists of a 1% net smelter return royalty and a pre-production payment. AbraSilver's ongoing 15,000 meter, Phase III diamond drill program continues to expand and delineate the Southwest Zone (JAC target) discovery with near-surface, high-grade oxide intercepts such as 40 meters averaging 203 g/t silver starting at 114 meters in hole DDH-22-060, and 103 meters averaging 139 g/t silver starting at 65 meters and including 9.0 meters averaging 477 g/t silver and 0.23 g/t gold in hole DDH-22-061 The Southwest Zone (JAC) provides significant exploration upside to increase the mineral resources of the Property. The JAC target is located along trend to the southwest of Oculto resource deposit, which had been the previous focus of exploration. AbraSilver announced an updated mineral resource estimate for Oculto reported at a 35 g/t silver equivalent2 cutoff that included measured and indicated resources of 51.3 Mtonnes averaging 66 g/t silver (109 Moz contained Ag) and 0.79 g/t gold (1.3 Moz contained Au) in Fourth Quarter of 2022.3 AbraSilver expects a maiden mineral resource estimate for the Southwest Zone (JAC) in the first half of 2023. The Diablillos Royalty Property provides an example of an EMX royalty acquisition with significant exploration and development optionality resulting from early-stage advancements by the project operator. These advancements create value at no additional cost to EMX. The high-grade nature of the mineralization and exploration potential of multiple targets are particularly compelling upside aspects of the Property. Royalty Property Summary. Diablillos is a high-sulfidation epithermal silver-gold project located in the Puna region of Salta Province, Argentina. Mineralization is hosted in Tertiary volcanic and sedimentary rocks. As a precursor to the current Phase III program, AbraSilver's 20,000-meter, Phase II drill program resulted in: multiple, near-surface high-grade silver-gold (Ag-Au) intercepts, expansion of the mineralized zones at Oculto, in-fill of Oculto's high grade Tesoro Zone, and d) the discovery of the Southwest Zone's JAC target from a 500-meter step out reconnaissance hole. According to AbraSilver, a number of these intercepts are among the best drill results reported for primary silver projects over the last two years.6 Furthermore, the JAC discovery and Oculto Northeast Zone combine to extend the total strike length of gold-silver mineralization to over two kilometers, which remains open for further expansion. The Oculto open pit constrained mineral resource update was reported at a 35 g/t silver equivalent cutoff for oxide and transition material as:7 (refer to AbraSilver`s November 3, 2022 news release and Technical Report): Measured of 19.3 Mtonnes averaging 98 g/t silver (60.6 Moz contained Ag) and 0.88 g/t gold (544 Koz contained Au), Indicated of 31.0 Mtonnes averaging 47 g/t silver (48.7 Moz contained Ag) and 0.73 g/t gold (752 Koz contained Au), and Inferred of 2.2 Mtonnes averaging 30 g/t silver (2.1 Moz contained Ag) and 0.51 g/t gold (37 Koz contained Au). Overall, the updated measured and indicated resources resulted in a 22% increase in contained silver and 29% increase in contained gold from the 2021 resource estimate. There was a 135% increase in measured resource tonnage compared to the 2021 estimate, all of which is in the high-grade Tesoro Zone. Importantly, 94% of the measured and indicated resources are oxide material, reflecting the oxidized character of Oculto to depths of 300-400 meters from surface.Reported Earnings • Aug 14Second quarter 2022 earnings released: CA$0.038 loss per share (vs CA$0.042 loss in 2Q 2021)Second quarter 2022 results: CA$0.038 loss per share. Revenue: CA$8.95m (up 110% from 2Q 2021). Net loss: CA$4.13m (loss widened 15% from 2Q 2021).Reported Earnings • May 17First quarter 2022 earnings released: EPS: CA$0.22 (vs CA$0.052 loss in 1Q 2021)First quarter 2022 results: EPS: CA$0.22 (up from CA$0.052 loss in 1Q 2021). Net income: CA$23.5m (up CA$28.0m from 1Q 2021).Reported Earnings • Apr 02Full year 2021 earnings released: CA$0.33 loss per share (vs CA$0.072 loss in FY 2020)Full year 2021 results: CA$0.33 loss per share (down from CA$0.072 loss in FY 2020). Net loss: CA$29.7m (loss widened 395% from FY 2020). Over the next year, revenue is forecast to grow 247%, compared to a 4.9% growth forecast for the mining industry in the United Kingdom.Reported Earnings • Nov 14Third quarter 2021 earnings released: CA$0.13 loss per share (vs CA$0.011 loss in 3Q 2020)Third quarter 2021 results: Net loss: CA$10.9m (loss widened CA$9.95m from 3Q 2020).Reported Earnings • Aug 18Second quarter 2021 earnings released: CA$0.042 loss per share (vs CA$0.039 loss in 2Q 2020)The company reported a solid second quarter result with improved revenues and control over costs, although losses increased. Second quarter 2021 results: Revenue: CA$4.26m (up 81% from 2Q 2020). Net loss: CA$3.58m (loss widened 9.1% from 2Q 2020).Reported Earnings • May 19First quarter 2021 earnings released: CA$0.052 loss per share (vs CA$0.026 profit in 1Q 2020)The company reported a mediocre first quarter result with weaker earnings and weaker control over costs, although revenues improved. First quarter 2021 results: Revenue: CA$1.30m (up 73% from 1Q 2020). Net loss: CA$4.42m (down 309% from profit in 1Q 2020).株主還元0SR1GB Metals and MiningGB 市場7D0%-0.08%2.5%1Y138.6%86.0%19.4%株主還元を見る業界別リターン: 0SR1過去 1 年間で86 % の収益を上げたUK Metals and Mining業界を上回りました。リターン対市場: 0SR1過去 1 年間で19.4 % の収益を上げたUK市場を上回りました。価格変動Is 0SR1's price volatile compared to industry and market?0SR1 volatility0SR1 Average Weekly Movementn/aMetals and Mining Industry Average Movement9.2%Market Average Movement5.7%10% most volatile stocks in GB Market11.9%10% least volatile stocks in GB Market3.1%安定した株価: 0SR1の株価は、 UK市場と比較して過去 3 か月間で変動しています。時間の経過による変動: 過去 1 年間の0SR1のボラティリティの変化を判断するには データが不十分です。会社概要設立従業員CEO（最高経営責任者ウェブサイトn/a49Dave Coleemxroyalty.com2025年11月13日、EMX Royalty CorporationはElemental Altus Royalties Corp.に買収された。EMXロイヤリティ・コーポレーションは、金属・鉱物資源の探査とロイヤリティを得ている。金、銀、プラチナ、パラジウム、銅、鉛、亜鉛、マンガン、ニッケル、コバルト、モリブデン、鉄鉱床、電池、貴金属、卑金属の探鉱を行っている。同社のロイヤリティと探鉱ポートフォリオは、主に北米、トルコ、ヨーロッパ、オーストラリア、中南米、モロッコ、オーストラリアの物件から成る。同社は以前はユーラシアン・ミネラルズ社として知られていたが、2017年7月にEMXロイヤリティ・コーポレーションに社名を変更した。本社はカナダのバンクーバー。もっと見るEMX Royalty Corporation 基礎のまとめEMX Royalty の収益と売上を時価総額と比較するとどうか。0SR1 基礎統計学時価総額CA$621.10m収益（TTM）CA$6.82m売上高(TTM)CA$41.89m91.1xPER（株価収益率14.8xP/Sレシオ0SR1 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計0SR1 損益計算書（TTM）収益US$29.86m売上原価US$9.82m売上総利益US$20.04mその他の費用US$15.18m収益US$4.86m直近の収益報告Jun 30, 2025次回決算日該当なし一株当たり利益（EPS）0.045グロス・マージン67.11%純利益率16.28%有利子負債／自己資本比率21.2%0SR1 の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2025/11/16 22:14終値2025/10/29 00:00収益2025/06/30年間収益2024/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋EMX Royalty Corporation 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。1 アナリスト機関Heiko IhleH.C. Wainwright & Co.
お知らせ • Nov 14Elemental Altus Royalties Corp. (TSXV:ELE) completed the acquisition of EMX Royalty Corporation (TSXV:EMX).Elemental Altus Royalties Corp. (TSXV:ELE) entered into a definitive agreement to acquire EMX Royalty Corporation (TSXV:EMX) for approximately CAD 640 million on September 4, 2025. Concurrently with and in support of the Transaction, Tether Investments S.A. de C.V. ("Tether") and Elemental Altus have entered into a subscription agreement dated September 4, 2025 (the "Tether Subscription Agreement") pursuant to which, among other things, Tether has agreed to purchase approximately 75 million Elemental Altus Shares at a price of C$1.84 per share. Upon completion of the Transaction, the Merged Company will be renamed Elemental Royalty Corp. and listed on the TSX Venture Exchange under the ticker "ELE". The Board of Directors will include three representatives from Elemental Altus and two from EMX, with Juan Sartori continuing as Executive Chairman and David Cole as CEO, while Frederick Bell will be President and COO. The headquarters will remain in Vancouver, British Columbia. Existing Elemental Altus and former EMX shareholders are expected to own approximately 51% and 49% of the Merged Company, respectively, on a basic basis. A special committee will consist solely of independent directors of EMX. The Transaction will require the approval of at least 66 2/3% of the votes cast at a special meeting of shareholders of EMX (the "EMX Special Meeting"), if, and to the extent, required under applicable Canadian securities laws, a majority of the votes cast at a the EMX Special Meeting, excluding the votes attached to EMX Shares held by persons required to be excluded pursuant to Multilateral Instrument 61-101 – Protection of Minority Security Holder in Special Transactions. In addition, the transaction is subject to court approval, approval of the EMX shareholders, approval of the Elemental Altus shareholders for the Tether Concurrent Financing, TSX-V, regulatory and court approvals and other customary closing conditions for Transactions. Further, the completion of the Transaction is subject to the conditional approval of the listing of the Elemental Altus Shares on a US stock exchange. The Board of Directors of Elemental Altus has unanimously approved the Transaction and recommends that the shareholders of Elemental Altus vote in favour of the Elemental Altus Resolutions. The Supreme Court of British Columbia has granted an interim order for the transaction which authorizes EMX to proceed with the upcoming special meeting and other meeting-related matters. The Transaction is expected to close in the fourth quarter of 2025. Termination fee payable under certain circumstances is CAD 15.8 million. On November 4, 2025, EMX Royalty shareholders approved the transaction. The expected completion of the transaction is in mid-November. As of November 10, 2025, EMX received court approval for arrangement with Elemental Altus. As of November 12, 2025, it was announced that the transaction is expected to close in November. National Bank Financial, Inc. is acting as financial advisor, Fasken Martineau DuMoulin LLP is acting as legal advisor and Greenberg Traurig, LLP, is acting as U.S. legal counsel to Elemental Altus. GenCap Mining Advisory Ltd. served as fairness opinion provider to the Elemental Altus Board of Directors. CIBC World Markets Inc. is acting as financial advisor to EMX. CIBC World Markets Inc. is acting as a fairness opinion provider to the EMX Board of Directors. Haywood Securities Inc. is acting as financial advisor to the EMX Special Committee and Haywood Securities Inc. is acting as a fairness opinion provider to the EMX Special Committee. Cassels Brock & Blackwell LLP is acting as Canadian legal advisor to EMX. Crowell & Moring LLP is acting as U.S. legal advisor to EMX. Blake, Cassels & Graydon LLP is acting as legal advisor to the EMX Special Committee. The Laurel Hill Advisory Group LLC acted as information agent to EMX. Elemental Altus Royalties Corp. (TSXV:ELE) completed the acquisition of EMX Royalty Corporation (TSXV:EMX) on November 13, 2025.
お知らせ • Nov 13+ 1 more updateEMX Royalty Corporation(TSXV:EMX) dropped from S&P/TSX Venture Composite IndexEMX Royalty Corporation(TSXV:EMX) dropped from S&P/TSX Venture Composite Index
Buy Or Sell Opportunity • Oct 16Now 25% overvalued after recent price riseOver the last 90 days, the stock has risen 81% to CA$7.08. The fair value is estimated to be CA$5.67, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Meanwhile, the company has become profitable.
Buy Or Sell Opportunity • Oct 01Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 100% to CA$7.28. The fair value is estimated to be CA$6.01, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Meanwhile, the company has become profitable.
お知らせ • Sep 05Elemental Altus Royalties Corp. (TSXV:ELE) agreed to acquire EMX Royalty Corporation (TSXV:EMX) for approximately CAD 640 million.Elemental Altus Royalties Corp. (TSXV:ELE) entered into a definitive agreement to acquire EMX Royalty Corporation (TSXV:EMX) for approximately CAD 640 million on September 4, 2025. Concurrently with and in support of the Transaction, Tether Investments S.A. de C.V. ("Tether") and Elemental Altus have entered into a subscription agreement dated September 4, 2025 (the "Tether Subscription Agreement") pursuant to which, among other things, Tether has agreed to purchase approximately 75 million Elemental Altus Shares at a price of C$1.84 per share. Upon completion of the Transaction, the Merged Company will be renamed Elemental Royalty Corp. and will be listed on the TSX Venture Exchange under the ticker "ELE". The Board of Directors will be comprised of three representatives from Elemental Altus and two representatives from EMX. Juan Sartori will continue as Executive Chairman and David Cole will serve as Chief Executive Officer of the Merged Company, while Frederick Bell will assume the role of President and Chief Operating Officer. Headquartered of the merged entity will remain in Vancouver, British Columbia. The Transaction will require the approval of at least 66 2/3% of the votes cast at a special meeting of shareholders of EMX (the "EMX Special Meeting"), if, and to the extent, required under applicable Canadian securities laws, a majority of the votes cast at a the EMX Special Meeting, excluding the votes attached to EMX Shares held by persons required to be excluded pursuant to Multilateral Instrument 61-101 – Protection of Minority Security Holder in Special Transactions. In addition, it is subject to court approval, approval of the EMX shareholders, completion of the Transaction is subject to approval of the Elemental Altus shareholders for the Tether Concurrent Financing, TSX-V, regulatory and court approvals and other customary closing conditions for Transactions. Further, the completion of the Transaction is subject to the conditional approval of the listing of the Elemental Altus Shares on a US stock exchange. The Board of Directors of Elemental Altus has unanimously approved the Transaction and recommends that the shareholders of Elemental Altus vote in favour of the Elemental Altus Resolutions. The Transaction is expected to close in the fourth quarter of 2025. Upon completion of the Transaction, including the Tether Concurrent Financing, existing Elemental Altus and former EMX shareholders are expected to own approximately 51% and 49% of the Merged Company, respectively, on a basic basis. Special committee will be comprised solely of independent directors of EMX. National Bank Financial, Inc. is acting as financial advisor, Fasken Martineau DuMoulin LLP is acting as legal advisor and Greenberg Traurig, LLP, is acting as U.S. legal counsel to Elemental Altus. GenCap Mining Advisory Ltd. served as fairness opinion provider to the Elemental Altus Board of Directors. CIBC World Markets Inc. is acting as financial advisor to EMX. CIBC World Markets Inc. is acting as a fairness opinion provider to the EMX Board of Directors. Haywood Securities Inc. is acting as financial advisor to the EMX Special Committee and Haywood Securities Inc. is acting as a fairness opinion provider to the EMX Special Committee. Cassels Brock & Blackwell LLP is acting as Canadian legal advisor to EMX. Crowell & Moring LLP is acting as U.S. legal advisor to EMX. Blake, Cassels & Graydon LLP is acting as legal advisor to the EMX Special Committee.
Reported Earnings • Aug 13Second quarter 2025 earnings released: EPS: US$0.006 (vs US$0.036 loss in 2Q 2024)Second quarter 2025 results: EPS: US$0.006 (up from US$0.036 loss in 2Q 2024). Revenue: US$6.24m (up 3.9% from 2Q 2024). Net income: US$642.0k (up US$4.66m from 2Q 2024). Profit margin: 10% (up from net loss in 2Q 2024). The move to profitability was primarily driven by lower expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
お知らせ • Nov 14Elemental Altus Royalties Corp. (TSXV:ELE) completed the acquisition of EMX Royalty Corporation (TSXV:EMX).Elemental Altus Royalties Corp. (TSXV:ELE) entered into a definitive agreement to acquire EMX Royalty Corporation (TSXV:EMX) for approximately CAD 640 million on September 4, 2025. Concurrently with and in support of the Transaction, Tether Investments S.A. de C.V. ("Tether") and Elemental Altus have entered into a subscription agreement dated September 4, 2025 (the "Tether Subscription Agreement") pursuant to which, among other things, Tether has agreed to purchase approximately 75 million Elemental Altus Shares at a price of C$1.84 per share. Upon completion of the Transaction, the Merged Company will be renamed Elemental Royalty Corp. and listed on the TSX Venture Exchange under the ticker "ELE". The Board of Directors will include three representatives from Elemental Altus and two from EMX, with Juan Sartori continuing as Executive Chairman and David Cole as CEO, while Frederick Bell will be President and COO. The headquarters will remain in Vancouver, British Columbia. Existing Elemental Altus and former EMX shareholders are expected to own approximately 51% and 49% of the Merged Company, respectively, on a basic basis. A special committee will consist solely of independent directors of EMX. The Transaction will require the approval of at least 66 2/3% of the votes cast at a special meeting of shareholders of EMX (the "EMX Special Meeting"), if, and to the extent, required under applicable Canadian securities laws, a majority of the votes cast at a the EMX Special Meeting, excluding the votes attached to EMX Shares held by persons required to be excluded pursuant to Multilateral Instrument 61-101 – Protection of Minority Security Holder in Special Transactions. In addition, the transaction is subject to court approval, approval of the EMX shareholders, approval of the Elemental Altus shareholders for the Tether Concurrent Financing, TSX-V, regulatory and court approvals and other customary closing conditions for Transactions. Further, the completion of the Transaction is subject to the conditional approval of the listing of the Elemental Altus Shares on a US stock exchange. The Board of Directors of Elemental Altus has unanimously approved the Transaction and recommends that the shareholders of Elemental Altus vote in favour of the Elemental Altus Resolutions. The Supreme Court of British Columbia has granted an interim order for the transaction which authorizes EMX to proceed with the upcoming special meeting and other meeting-related matters. The Transaction is expected to close in the fourth quarter of 2025. Termination fee payable under certain circumstances is CAD 15.8 million. On November 4, 2025, EMX Royalty shareholders approved the transaction. The expected completion of the transaction is in mid-November. As of November 10, 2025, EMX received court approval for arrangement with Elemental Altus. As of November 12, 2025, it was announced that the transaction is expected to close in November. National Bank Financial, Inc. is acting as financial advisor, Fasken Martineau DuMoulin LLP is acting as legal advisor and Greenberg Traurig, LLP, is acting as U.S. legal counsel to Elemental Altus. GenCap Mining Advisory Ltd. served as fairness opinion provider to the Elemental Altus Board of Directors. CIBC World Markets Inc. is acting as financial advisor to EMX. CIBC World Markets Inc. is acting as a fairness opinion provider to the EMX Board of Directors. Haywood Securities Inc. is acting as financial advisor to the EMX Special Committee and Haywood Securities Inc. is acting as a fairness opinion provider to the EMX Special Committee. Cassels Brock & Blackwell LLP is acting as Canadian legal advisor to EMX. Crowell & Moring LLP is acting as U.S. legal advisor to EMX. Blake, Cassels & Graydon LLP is acting as legal advisor to the EMX Special Committee. The Laurel Hill Advisory Group LLC acted as information agent to EMX. Elemental Altus Royalties Corp. (TSXV:ELE) completed the acquisition of EMX Royalty Corporation (TSXV:EMX) on November 13, 2025.
お知らせ • Nov 13+ 1 more updateEMX Royalty Corporation(TSXV:EMX) dropped from S&P/TSX Venture Composite IndexEMX Royalty Corporation(TSXV:EMX) dropped from S&P/TSX Venture Composite Index
Buy Or Sell Opportunity • Oct 16Now 25% overvalued after recent price riseOver the last 90 days, the stock has risen 81% to CA$7.08. The fair value is estimated to be CA$5.67, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Meanwhile, the company has become profitable.
Buy Or Sell Opportunity • Oct 01Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 100% to CA$7.28. The fair value is estimated to be CA$6.01, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Meanwhile, the company has become profitable.
お知らせ • Sep 05Elemental Altus Royalties Corp. (TSXV:ELE) agreed to acquire EMX Royalty Corporation (TSXV:EMX) for approximately CAD 640 million.Elemental Altus Royalties Corp. (TSXV:ELE) entered into a definitive agreement to acquire EMX Royalty Corporation (TSXV:EMX) for approximately CAD 640 million on September 4, 2025. Concurrently with and in support of the Transaction, Tether Investments S.A. de C.V. ("Tether") and Elemental Altus have entered into a subscription agreement dated September 4, 2025 (the "Tether Subscription Agreement") pursuant to which, among other things, Tether has agreed to purchase approximately 75 million Elemental Altus Shares at a price of C$1.84 per share. Upon completion of the Transaction, the Merged Company will be renamed Elemental Royalty Corp. and will be listed on the TSX Venture Exchange under the ticker "ELE". The Board of Directors will be comprised of three representatives from Elemental Altus and two representatives from EMX. Juan Sartori will continue as Executive Chairman and David Cole will serve as Chief Executive Officer of the Merged Company, while Frederick Bell will assume the role of President and Chief Operating Officer. Headquartered of the merged entity will remain in Vancouver, British Columbia. The Transaction will require the approval of at least 66 2/3% of the votes cast at a special meeting of shareholders of EMX (the "EMX Special Meeting"), if, and to the extent, required under applicable Canadian securities laws, a majority of the votes cast at a the EMX Special Meeting, excluding the votes attached to EMX Shares held by persons required to be excluded pursuant to Multilateral Instrument 61-101 – Protection of Minority Security Holder in Special Transactions. In addition, it is subject to court approval, approval of the EMX shareholders, completion of the Transaction is subject to approval of the Elemental Altus shareholders for the Tether Concurrent Financing, TSX-V, regulatory and court approvals and other customary closing conditions for Transactions. Further, the completion of the Transaction is subject to the conditional approval of the listing of the Elemental Altus Shares on a US stock exchange. The Board of Directors of Elemental Altus has unanimously approved the Transaction and recommends that the shareholders of Elemental Altus vote in favour of the Elemental Altus Resolutions. The Transaction is expected to close in the fourth quarter of 2025. Upon completion of the Transaction, including the Tether Concurrent Financing, existing Elemental Altus and former EMX shareholders are expected to own approximately 51% and 49% of the Merged Company, respectively, on a basic basis. Special committee will be comprised solely of independent directors of EMX. National Bank Financial, Inc. is acting as financial advisor, Fasken Martineau DuMoulin LLP is acting as legal advisor and Greenberg Traurig, LLP, is acting as U.S. legal counsel to Elemental Altus. GenCap Mining Advisory Ltd. served as fairness opinion provider to the Elemental Altus Board of Directors. CIBC World Markets Inc. is acting as financial advisor to EMX. CIBC World Markets Inc. is acting as a fairness opinion provider to the EMX Board of Directors. Haywood Securities Inc. is acting as financial advisor to the EMX Special Committee and Haywood Securities Inc. is acting as a fairness opinion provider to the EMX Special Committee. Cassels Brock & Blackwell LLP is acting as Canadian legal advisor to EMX. Crowell & Moring LLP is acting as U.S. legal advisor to EMX. Blake, Cassels & Graydon LLP is acting as legal advisor to the EMX Special Committee.
Reported Earnings • Aug 13Second quarter 2025 earnings released: EPS: US$0.006 (vs US$0.036 loss in 2Q 2024)Second quarter 2025 results: EPS: US$0.006 (up from US$0.036 loss in 2Q 2024). Revenue: US$6.24m (up 3.9% from 2Q 2024). Net income: US$642.0k (up US$4.66m from 2Q 2024). Profit margin: 10% (up from net loss in 2Q 2024). The move to profitability was primarily driven by lower expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
お知らせ • Jul 09Avesoro Morocco LTD acquired EMX Morocco Corp. from EMX Royalty Corporation (TSXV:EMX) for $0.65 million.Avesoro Morocco LTD agreed to acquire EMX Morocco Corp. from EMX Royalty Corporation (TSXV:EMX) for $0.65 million on March 19, 2025. A cash consideration of $0.65 million will be paid by Avesoro Morocco LTD. Avesoro will fully fund the alliance activities, which will include the advancement of certain projects in the EMX Moroccan portfolio, as well as new projects identified by the alliance for acquisition. Under the Agreement, Avesoro will acquire EMX’s operating entity in Morocco (“EMX Corp Morocco”, a wholly owned subsidiary of EMX) that currently domiciles EMX’s exploration projects and its Moroccan exploration staff. Projects slated for advancement under the alliance will be initially designated as Alliance Exploration Projects (“AEP’s”). These will be funded from an annual budget agreed upon by Avesoro and EMX. Once a project reaches an appropriate stage of advancement, it can be converted to a Designated Project (“DP”) and advanced from an independent pool of funding provided by Avesoro. At the end of the alliance term, any AEP’s that have not become DP’s will revert to EMX. The key conditions precedent for closing have now been completed. Avesoro Morocco LTD completed the acquisition of EMX Morocco Corp. from EMX Royalty Corporation (TSXV:EMX) on July 8, 2025.
お知らせ • Jun 03First Nordic Metals Corp. (TSXV:FNM) agreed to acquire Nordic Business Unit of EMX Royalty Corporation for 3.25 million SEK.First Nordic Metals Corp. (TSXV:FNM) agreed to acquire Nordic Business Unit of EMX Royalty Corporation for 3.25 million SEK on May 30, 2025. 3.25 million SEK are payable in equal parts of cash and First Nordic common shares, which consists of 1.05 million SEK paid upon closing, 1.20 million SEK paid on the first anniversary of the agreement and 1.00 million SEK paid on the second anniversary of the agreement. The transaction remains subject to TSXV approval.
Reported Earnings • May 15First quarter 2025 earnings released: EPS: US$0.012 (vs US$0.02 loss in 1Q 2024)First quarter 2025 results: EPS: US$0.012 (up from US$0.02 loss in 1Q 2024). Revenue: US$8.42m (up 35% from 1Q 2024). Net income: US$1.26m (up US$3.49m from 1Q 2024). Profit margin: 15% (up from net loss in 1Q 2024). The move to profitability was primarily driven by higher revenue. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 24EMX Royalty Corporation, Annual General Meeting, Jun 02, 2025EMX Royalty Corporation, Annual General Meeting, Jun 02, 2025. Location: british columbia, vancouver Canada
Reported Earnings • Mar 14Full year 2024 earnings released: US$0.029 loss per share (vs US$0.042 loss in FY 2023)Full year 2024 results: US$0.029 loss per share (improved from US$0.042 loss in FY 2023). Revenue: US$27.4m (up 3.1% from FY 2023). Net loss: US$3.29m (loss narrowed 29% from FY 2023). Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
お知らせ • Feb 05EMX Royalty Corporation Announces Stepping Down of Chris Wright from BoardEMX Royalty Corporation announced confirmation of EMX board member, Mr. Chris Wright, as U.S. Secretary of Energy under President Donald Trump. Mr. Wright was confirmed as Secretary on February 3, 2025 in a bipartisan vote in the U.S. Senate and will now join the Cabinet of the United States in Washington, D.C. Mr. Wright is known for his innovations and entrepreneurial contributions to the energy sector, but also for his focus on humanitarian efforts such as co-founding the Bettering Human Lives Foundation. He has been a spirited contributor at EMX board meetings and management discussions. As a consequence of his confirmation, Mr. Wright will step down from the board of EMX.
Reported Earnings • Nov 09Third quarter 2024 earnings released: EPS: US$0.01 (vs US$0.022 in 3Q 2023)Third quarter 2024 results: EPS: US$0.01 (down from US$0.022 in 3Q 2023). Revenue: US$7.03m (down 46% from 3Q 2023). Net income: US$1.19m (down 51% from 3Q 2023). Profit margin: 17% (down from 19% in 3Q 2023). Revenue is forecast to grow 7.2% p.a. on average during the next 2 years, compared to a 1.5% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
Recent Insider Transactions • Oct 18Chief Administrative Officer recently sold CA$51k worth of stockOn the 16th of October, Christina Cepeliauskas sold around 20k shares on-market at roughly CA$2.57 per share. This transaction amounted to 6.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought CA$341k more than they sold in the last 12 months.
Recent Insider Transactions • Oct 16Executive Chairman of the Board recently bought CA$66k worth of stockOn the 7th of October, Michael Winn bought around 27k shares on-market at roughly CA$2.42 per share. This transaction amounted to 1.8% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth CA$410k. This was Michael's only on-market trade for the last 12 months.
Recent Insider Transactions • Oct 06President recently bought CA$410k worth of stockOn the 3rd of October, David Cole bought around 200k shares on-market at roughly CA$2.05 per share. This transaction amounted to 7.9% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was David's only on-market trade for the last 12 months.
お知らせ • Sep 18+ 1 more updateEMX Royalty Corporation Announces CFO ChangesEMX Royalty Corporation announced the appointment of Mr. Stefan L. Wenger as Chief Financial Officer effective October 1, 2024. Mr. Wenger was previously the Chief Financial Officer and Treasurer of Royal Gold Inc., from 2006 to 2018. Prior to becoming Royal Gold's CFO, Mr. Wenger was the Chief Accounting Officer from 2003 to 2006. During his tenure, Royal Gold grew its portfolio from 14 to 188 royalties, while annual revenues increased from $15 million to $459 million. Before Royal Gold, Mr. Wenger had begun his career as an auditor with Arthur Andersen. Mr. Wenger holds a Bachelor of Science degree in Business Administration from Colorado State University, has completed the General Management Program at the Harvard Business School, and is a Certified Public Accountant. In addition to Mr. Wenger's new role as CFO, and as part of the Company's optimization of corporate responsibilities, Mr. Douglas Reed has transitioned from CFO to become EMX's Chief Accounting Officer.
Reported Earnings • Aug 14Second quarter 2024 earnings released: US$0.036 loss per share (vs US$0.043 loss in 2Q 2023)Second quarter 2024 results: US$0.036 loss per share (improved from US$0.043 loss in 2Q 2023). Revenue: US$6.01m (up 76% from 2Q 2023). Net loss: US$4.02m (loss narrowed 15% from 2Q 2023). Revenue is forecast to grow 1.7% p.a. on average during the next 2 years, compared to a 1.2% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
New Risk • May 30New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.2% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 54% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (2.2% increase in shares outstanding). Significant insider selling over the past 3 months (CA$378k sold).
Recent Insider Transactions • May 30Chief Geologist recently sold CA$251k worth of stockOn the 28th of May, David Johnson sold around 90k shares on-market at roughly CA$2.78 per share. This transaction amounted to 9.3% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$510k more than they bought in the last 12 months.
Reported Earnings • May 14First quarter 2024 earnings released: US$0.02 loss per share (vs US$0.034 loss in 1Q 2023)First quarter 2024 results: US$0.02 loss per share (improved from US$0.034 loss in 1Q 2023). Revenue: US$6.24m (up 128% from 1Q 2023). Net loss: US$2.23m (loss narrowed 40% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.
Board Change • May 03High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Chris Wright was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 30EMX Royalty Corporation Announces Board ChangesEMX Royalty Corporation announced the appointment of Mr. Dawson Brisco and Mr. Chris Wright as independent directors to the Board effective immediately. Mr. Brisco is a Professional Geologist with 20 years of mining industry and business development experience in a variety of roles in the bulk commodity, metals and energy sectors. Mr. Brisco is currently the President and CEO of Morien Resources Corp., a Canadian mining royalty company specialized in bulk commodities, a position he has held since 2018. Prior to joining Morien, Mr. Brisco held numerous senior business development and technical roles including senior manager of an exploration alliance with Xstrata in Asia from 2005 to 2010. Mr. Brisco is an independent Director of the Mining Association of Nova Scotia and holds an Honours Bachelor of Science degree in Geology from Saint Mary's University in Halifax, Nova Scotia. Mr. Wright serves as Chief Executive Officer and Chairman of the Board of Liberty Energy. Mr. Wright is a dedicated humanitarian with a passion for bringing the benefits of energy to every community in the world. This passion has inspired a career in energy working not only in oil and gas but nuclear, solar, and geothermal. Mr. Wright embraces all sources of energy if they are abundant, affordable, and reliable. Mr. Wright completed an undergraduate degree in Mechanical Engineering at MIT and graduate work in Electrical Engineering at both UC Berkeley and MIT. Mr. Wright founded Pinnacle Technologies and served as CEO from 1992 to 2006. Pinnacle created the hydraulic fracture mapping industry and its innovations helped launch commercial shale gas production in the late 1990s. Mr. Wright was Chairman of Stroud Energy, an early shale gas producer, before its sale to Range Resources in 2006. Additionally, Mr. Wright founded and served as Executive Chairman of Liberty Resources and Liberty Midstream Solutions until its sale in 2024. He also sits on the Board of Directors for Urban Solutions Group, and the Federal Reserve Bank, Denver Branch. In addition to his role at Liberty Energy, Mr. Wright serves on the board of numerous organizations and nonprofits, including a founding board member of the Bettering Human Lives Foundation.
お知らせ • Apr 20EMX Royalty Corporation, Annual General Meeting, Jun 28, 2024EMX Royalty Corporation, Annual General Meeting, Jun 28, 2024.
お知らせ • Jan 05Lumira Energy Limited agreed to acquire Sagvoll and Meråker projects in Norway from EMX Royalty Corporation (TSXV:EMX).Lumira Energy Limited agreed to acquire Sagvoll and Meråker projects in Norway from EMX Royalty Corporation (TSXV:EMX) on January 3, 2024. In related transaction Lumira Energy Limited acquires Copperhole Creek project in Queensland Australia. Lumira will vest a 100% interest in the Projects, by granting to EMX; a cash payment of AUD 0.05 million. A 2.5% NSR royalty interest on each project; Annual advance royalty payments of AUD 0.035 million per project per year commencing upon the second anniversary of the IPO, with the AAR payments escalating by 15% per year until reaching a maximum of AUD 0.1 million per year; Equity payments of AUD 0.15 million in shares of Lumira upon completion of the IPO along with the same number of options exercisable at a 50% premium to the IPO price for two years and an additional same number of options exercisable at a 100% premium to the IPO price for three years. An additional 0.75 million shares upon the first anniversary of the IPO. Milestone payments include AUD 0.25 million in cash upon completion of a Preliminary Economic Assessment and AUD 0.5 million in cash upon completion of a Prefeasibility Study.
Recent Insider Transactions • Dec 25Chief Geologist recently bought CA$58k worth of stockOn the 21st of December, David Johnson bought around 30k shares on-market at roughly CA$1.93 per share. This transaction amounted to 3.2% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold CA$299k more in shares than they bought in the last 12 months.
Reported Earnings • Aug 18Second quarter 2023 earnings released: US$0.043 loss per share (vs US$0.03 loss in 2Q 2022)Second quarter 2023 results: US$0.043 loss per share (further deteriorated from US$0.03 loss in 2Q 2022). Revenue: US$3.41m (down 52% from 2Q 2022). Net loss: US$4.72m (loss widened 42% from 2Q 2022).
お知らせ • Aug 08Kendrick Resources PLC (LSE:KEN) signed a sale and purchase agreement to acquire EV Metals AB from EMX Royalty Corporation (TSXV:EMX).Kendrick Resources PLC (LSE:KEN) signed a sale and purchase agreement to acquire EV Metals AB from EMX Royalty Corporation (TSXV:EMX) for SEK 19.6 million on August 7, 2023. Kendrick are acquiring EV Metals AB for SEK110,780 and the issue of 15 million 5 year options to EMX to acquire ordinary shares in the Company (Kendrick Shares) at 1.3 pence per Kendrick Share (EMX Options) which is at a premium of approximately 67% to Kendrick's closing share price on 4 August 2023 of 0.7750 pence. The EMX Options if exercised will allow EMX to increase its Kendrick shareholding. On or before 13 January 2024, the Company has to pay an annual advanced royalty of US$30,000 per project to EMX which increases by US$5,000 annually per Project ceasing upon the Commencement of Commercial Production ("Advance Royalty").; and on or before 13 May 2024 the Company has committed to one thousand meter drilling for each of the Swedish Nickel Projects and thereafter annually ceasing for a project on the date upon which the Company commissions a Pre-Feasibility Study on the project Royalty Agreement: The Parties shall at closing of the Acquisition enter into a royalty agreement under which a 3% net smelter royalty is payable to EMX on commercial production from any of the Swedish Projects. A 1% interest in this royalty may be bought back in stages for a total cash consideration of US$1,000,000 on or before the fifth anniversary of the date of the Royalty Agreement. For the year ended 31 December 2022, EV Metals AB made an audited profit of SEK343,630.
Reported Earnings • May 17First quarter 2023 earnings released: US$0.034 loss per share (vs US$0.18 profit in 1Q 2022)First quarter 2023 results: US$0.034 loss per share (down from US$0.18 profit in 1Q 2022). Revenue: US$2.74m (up 55% from 1Q 2022). Net loss: US$3.73m (down 120% from profit in 1Q 2022).
Reported Earnings • Mar 31Full year 2022 earnings released: EPS: CA$0.031 (vs CA$0.27 loss in FY 2021)Full year 2022 results: EPS: CA$0.031 (up from CA$0.27 loss in FY 2021). Revenue: CA$18.3m (up 143% from FY 2021). Net income: CA$3.35m (up CA$27.1m from FY 2021). Profit margin: 18% (up from net loss in FY 2021).
お知らせ • Feb 17EMX Royalty Corporation to Provide an Update on the Advancement of Its 100% Owned Yarrol Project in Queensland, AustraliaEMX Royalty Corporation to provide an update on the advancement of its 100% owned Yarrol Project in Queensland, Australia. The Yarrol Project contains zones of gold and copper mineralization in addition to areas with cobalt-enriched manganese oxide mineralization and heavy mineral sands deposits. A recently executed reconnaissance drill program targeted all three styles of mineralization. Analytical results from a drill hole in the core of the historically defined zone of gold mineralization are highlighted by an intercept of 17.8 meters averaging 4.01 g/t gold from 61 meters in drill hole DD22-YA1871. A second hole (DD22-YA188) intersected multiple intervals of gold mineralization including 12 meters at 0.91 g/t gold from 92 meters. These holes were intended to confirm the nature of the gold mineralization that have been historically mined and explored at Yarrol. It is notable that the selected sample intervals from both drill holes began and ended in gold mineralization, and additional intervals will be sampled and analyzed from both holes. Drill holes DD22-YA187 and DD22-YA188 were drilled as part of a 15 hole program, with two deeper core holes in the zones of gold mineralization and 13 shallow diamond and air core holes targeting the manganese-cobalt mineralization and mineral sands. EMX expects to receive additional analytical results for the manganese-cobalt mineralization and mineral sands deposits in the coming weeks. Results from those drill holes will be discussed in a separate disclosure. The Yarrol Project is currently available for partnership, in accordance with the royalty generation aspect of EMX's business model. Yarrol Project. The 55,900 Ha Yarrol Project is located between EMX's Queensland Gold project and Evolution Mining's Mt Rawdon gold mine, and is positioned along the regional scale Yarrol Fault zone. Several other historical mines and active exploration projects also lie along the Yarrol Fault structural trend. Yarrol was the site of historical gold mining activities in the 1800's through the 1930's, with historical gold production averaging ~10 g/t.3 Further exploration and assessments conducted in the 1980's and 1990's led to the definition of two historical gold resources. Gold mineralization at Yarrol is present as quartz sulfide veins and zones of silicification developed in and around Permian-aged dioritic intrusions as confirmed in holes DD22-YA187 and DD22-YA188. In late 2021, while conducting exploration programs to expand the known zones of gold mineralization, EMX geologists encountered zones of cobalt-enriched manganese oxide mineralization on the northern side of the Project area. This led to an expansion of the land position, as well as new exploration programs targeting the manganese and cobalt mineralization. Surface sampling programs demonstrated that the zones of manganese oxide mineralization encountered in the field consistently averaged over 1% cobalt, accompanied by enrichments in both nickel and copper.
お知らせ • Jan 20EMX Royalty Corporation Provides an Update on the Diablillos Royalty Property in ArgentinaEMX Royalty Corporation provide an update on advances at the Diablillos royalty property in Argentina. The Diablillos silver- gold project is being advanced by AbraSilver Resource Corp. EMX's interest in the Property consists of a 1% net smelter return royalty and a pre-production payment. AbraSilver's ongoing 15,000 meter, Phase III diamond drill program continues to expand and delineate the Southwest Zone (JAC target) discovery with near-surface, high-grade oxide intercepts such as 40 meters averaging 203 g/t silver starting at 114 meters in hole DDH-22-060, and 103 meters averaging 139 g/t silver starting at 65 meters and including 9.0 meters averaging 477 g/t silver and 0.23 g/t gold in hole DDH-22-061 The Southwest Zone (JAC) provides significant exploration upside to increase the mineral resources of the Property. The JAC target is located along trend to the southwest of Oculto resource deposit, which had been the previous focus of exploration. AbraSilver announced an updated mineral resource estimate for Oculto reported at a 35 g/t silver equivalent2 cutoff that included measured and indicated resources of 51.3 Mtonnes averaging 66 g/t silver (109 Moz contained Ag) and 0.79 g/t gold (1.3 Moz contained Au) in Fourth Quarter of 2022.3 AbraSilver expects a maiden mineral resource estimate for the Southwest Zone (JAC) in the first half of 2023. The Diablillos Royalty Property provides an example of an EMX royalty acquisition with significant exploration and development optionality resulting from early-stage advancements by the project operator. These advancements create value at no additional cost to EMX. The high-grade nature of the mineralization and exploration potential of multiple targets are particularly compelling upside aspects of the Property. Royalty Property Summary. Diablillos is a high-sulfidation epithermal silver-gold project located in the Puna region of Salta Province, Argentina. Mineralization is hosted in Tertiary volcanic and sedimentary rocks. As a precursor to the current Phase III program, AbraSilver's 20,000-meter, Phase II drill program resulted in: multiple, near-surface high-grade silver-gold (Ag-Au) intercepts, expansion of the mineralized zones at Oculto, in-fill of Oculto's high grade Tesoro Zone, and d) the discovery of the Southwest Zone's JAC target from a 500-meter step out reconnaissance hole. According to AbraSilver, a number of these intercepts are among the best drill results reported for primary silver projects over the last two years.6 Furthermore, the JAC discovery and Oculto Northeast Zone combine to extend the total strike length of gold-silver mineralization to over two kilometers, which remains open for further expansion. The Oculto open pit constrained mineral resource update was reported at a 35 g/t silver equivalent cutoff for oxide and transition material as:7 (refer to AbraSilver`s November 3, 2022 news release and Technical Report): Measured of 19.3 Mtonnes averaging 98 g/t silver (60.6 Moz contained Ag) and 0.88 g/t gold (544 Koz contained Au), Indicated of 31.0 Mtonnes averaging 47 g/t silver (48.7 Moz contained Ag) and 0.73 g/t gold (752 Koz contained Au), and Inferred of 2.2 Mtonnes averaging 30 g/t silver (2.1 Moz contained Ag) and 0.51 g/t gold (37 Koz contained Au). Overall, the updated measured and indicated resources resulted in a 22% increase in contained silver and 29% increase in contained gold from the 2021 resource estimate. There was a 135% increase in measured resource tonnage compared to the 2021 estimate, all of which is in the high-grade Tesoro Zone. Importantly, 94% of the measured and indicated resources are oxide material, reflecting the oxidized character of Oculto to depths of 300-400 meters from surface.
Reported Earnings • Aug 14Second quarter 2022 earnings released: CA$0.038 loss per share (vs CA$0.042 loss in 2Q 2021)Second quarter 2022 results: CA$0.038 loss per share. Revenue: CA$8.95m (up 110% from 2Q 2021). Net loss: CA$4.13m (loss widened 15% from 2Q 2021).
Reported Earnings • May 17First quarter 2022 earnings released: EPS: CA$0.22 (vs CA$0.052 loss in 1Q 2021)First quarter 2022 results: EPS: CA$0.22 (up from CA$0.052 loss in 1Q 2021). Net income: CA$23.5m (up CA$28.0m from 1Q 2021).
Reported Earnings • Apr 02Full year 2021 earnings released: CA$0.33 loss per share (vs CA$0.072 loss in FY 2020)Full year 2021 results: CA$0.33 loss per share (down from CA$0.072 loss in FY 2020). Net loss: CA$29.7m (loss widened 395% from FY 2020). Over the next year, revenue is forecast to grow 247%, compared to a 4.9% growth forecast for the mining industry in the United Kingdom.
Reported Earnings • Nov 14Third quarter 2021 earnings released: CA$0.13 loss per share (vs CA$0.011 loss in 3Q 2020)Third quarter 2021 results: Net loss: CA$10.9m (loss widened CA$9.95m from 3Q 2020).
Reported Earnings • Aug 18Second quarter 2021 earnings released: CA$0.042 loss per share (vs CA$0.039 loss in 2Q 2020)The company reported a solid second quarter result with improved revenues and control over costs, although losses increased. Second quarter 2021 results: Revenue: CA$4.26m (up 81% from 2Q 2020). Net loss: CA$3.58m (loss widened 9.1% from 2Q 2020).
Reported Earnings • May 19First quarter 2021 earnings released: CA$0.052 loss per share (vs CA$0.026 profit in 1Q 2020)The company reported a mediocre first quarter result with weaker earnings and weaker control over costs, although revenues improved. First quarter 2021 results: Revenue: CA$1.30m (up 73% from 1Q 2020). Net loss: CA$4.42m (down 309% from profit in 1Q 2020).
