Stock Analysis
- Canada
- /
- Metals and Mining
- /
- TSXV:EMX
EMX Royalty Second Quarter 2024 Earnings: US$0.036 loss per share (vs US$0.043 loss in 2Q 2023)
EMX Royalty (CVE:EMX) Second Quarter 2024 Results
Key Financial Results
- Revenue: US$6.01m (up 76% from 2Q 2023).
- Net loss: US$4.02m (loss narrowed by 15% from 2Q 2023).
- US$0.036 loss per share (improved from US$0.043 loss in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
EMX Royalty Earnings Insights
Looking ahead, revenue is forecast to grow 1.7% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Metals and Mining industry in Canada.
Performance of the Canadian Metals and Mining industry.
The company's shares are down 4.3% from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 3 warning signs for EMX Royalty (1 is significant!) that you need to be mindful of.
Valuation is complex, but we're here to simplify it.
Discover if EMX Royalty might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About TSXV:EMX
EMX Royalty
Explores for and generates royalties from metals and minerals properties.