EMX Royalty (TSXV:EMX) - Stock Price, News & Analysis

EMX Stock Overview

Explores for and generates royalties from metals and minerals properties.

EMX fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Rewards

Risk Analysis

Earnings have declined by 54% per year over past 5 years

Significant insider selling over the past 3 months

Shareholders have been diluted in the past year

EMX Royalty Corporation Competitors

Orogen Royalties

TSXV:OGN

CA$265.0m

Foraco International

TSX:FAR

CA$272.5m

Minera Alamos

TSXV:MAI

CA$180.5m

Americas Gold and Silver

TSX:USA

CA$119.6m

Price History & Performance

Summary of all time highs, changes and price drops for EMX Royalty
Historical stock prices
Current Share Price	CA$2.61
52 Week High	CA$2.92
52 Week Low	CA$1.91
Beta	0.79
1 Month Change	3.57%
3 Month Change	15.49%
1 Year Change	6.53%
3 Year Change	-36.50%
5 Year Change	59.15%
Change since IPO	161.00%

Recent updates

Shareholders Will Probably Hold Off On Increasing EMX Royalty Corporation's (CVE:EMX) CEO Compensation For The Time Being

Jun 24

Announcing: EMX Royalty (CVE:EMX) Stock Soared An Exciting 553% In The Last Five Years

Jan 01

Shareholder Returns

	EMX	CA Metals and Mining	CA Market
7D	-6.1%	-1.8%	-1.4%
1Y	6.5%	8.6%	11.2%

Return vs Industry: EMX underperformed the Canadian Metals and Mining industry which returned 8.8% over the past year.

Return vs Market: EMX underperformed the Canadian Market which returned 11.9% over the past year.

Price Volatility

Is EMX's price volatile compared to industry and market?
EMX volatility
EMX Average Weekly Movement	6.2%
Metals and Mining Industry Average Movement	10.9%
Market Average Movement	8.8%
10% most volatile stocks in CA Market	17.4%
10% least volatile stocks in CA Market	3.0%

Stable Share Price: EMX has not had significant price volatility in the past 3 months.

Volatility Over Time: EMX's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
n/a	46	Dave Cole	emxroyalty.com

EMX Royalty Corporation, together with its subsidiaries, explores for and generates royalties from metals and minerals properties. It explores gold, silver, platinum, palladium, copper, lead, zinc, manganese, nickel, cobalt, molybdenum, and iron deposits, as well as battery, precious, and base metals. The company’s royalty and exploration portfolio primarily consist of properties in North America, Türkiye, Europe, Australia, Latin America, Morocco, and Australia.

EMX Royalty Corporation Fundamentals Summary

How do EMX Royalty's earnings and revenue compare to its market cap?
EMX fundamental statistics
Market cap	CA$297.52m
Earnings (TTM)	-CA$4.27m
Revenue (TTM)	CA$41.07m

7.2x

P/S Ratio

-69.1x

P/E Ratio

Is EMX overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
EMX income statement (TTM)
Revenue	US$30.12m
Cost of Revenue	US$11.36m
Gross Profit	US$18.76m
Other Expenses	US$21.90m
Earnings	-US$3.13m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.028
Gross Margin	62.29%
Net Profit Margin	-10.41%
Debt/Equity Ratio	28.0%

How did EMX perform over the long term?

See historical performance and comparison

EMX Stock Overview

Rewards

Risk Analysis

EMX Royalty Corporation Competitors

TSXV:OGN

CA$265.0m

TSX:FAR

CA$272.5m

TSXV:MAI

CA$180.5m

TSX:USA

CA$119.6m

Price History & Performance

Recent News & Updates

Chief Geologist recently sold CA$251k worth of stock

Executive Chairman of the Board exercised options to buy CA$81k worth of stock.

Independent Director exercised options to buy CA$184k worth of stock.

First quarter 2024 earnings released: US$0.02 loss per share (vs US$0.034 loss in 1Q 2023)

High number of new directors

EMX Royalty Corporation Announces Board Changes

Recent updates

Chief Geologist recently sold CA$251k worth of stock

Executive Chairman of the Board exercised options to buy CA$81k worth of stock.

Independent Director exercised options to buy CA$184k worth of stock.

First quarter 2024 earnings released: US$0.02 loss per share (vs US$0.034 loss in 1Q 2023)

High number of new directors

EMX Royalty Corporation Announces Board Changes

EMX Royalty Corporation, Annual General Meeting, Jun 28, 2024

President exercised options to buy CA$479k worth of stock.

EMX Royalty Corporation's (CVE:EMX) Price In Tune With Revenues

Full year 2023 earnings released: US$0.042 loss per share (vs US$0.031 profit in FY 2022)

Is EMX Royalty (CVE:EMX) Using Too Much Debt?

Lumira Energy Limited agreed to acquire Sagvoll and Meråker projects in Norway from EMX Royalty Corporation (TSXV:EMX).

Chief Geologist recently bought CA$58k worth of stock

Third quarter 2023 earnings released: EPS: US$0.022 (vs US$0.12 loss in 3Q 2022)

President notifies of intention to sell stock

Executive Chairman of the Board exercised options to buy CA$117k worth of stock.

President exercised options to buy CA$530k worth of stock.

Second quarter 2023 earnings released: US$0.043 loss per share (vs US$0.03 loss in 2Q 2022)

Kendrick Resources PLC (LSE:KEN) signed a sale and purchase agreement to acquire EV Metals AB from EMX Royalty Corporation (TSXV:EMX).

Market Participants Recognise EMX Royalty Corporation's (CVE:EMX) Revenues

First quarter 2023 earnings released: US$0.034 loss per share (vs US$0.18 profit in 1Q 2022)

Is EMX Royalty (CVE:EMX) Using Too Much Debt?

Full year 2022 earnings released: EPS: CA$0.031 (vs CA$0.27 loss in FY 2021)

EMX Royalty Corporation to Provide an Update on the Advancement of Its 100% Owned Yarrol Project in Queensland, Australia

EMX Royalty Corporation Provides an Update on the Diablillos Royalty Property in Argentina

Third quarter 2022 earnings released: CA$0.15 loss per share (vs CA$0.13 loss in 3Q 2021)

EMX Royalty Corporation Announces Impairment Charges for the Quarter Ended September 30, 2022

Executive Chairman of the Board exercised options to buy CA$243k worth of stock.

Executive Chairman of the Board recently sold CA$74k worth of stock

Second quarter 2022 earnings released: CA$0.038 loss per share (vs CA$0.042 loss in 2Q 2021)

Independent Director exercised options to buy CA$184k worth of stock.

EMX Announces the Commencement of Commercial Production At the Gediktepe Royalty Property

EMX Royalty Corporation Appoints Geoff Smith as Independent Director

EMX Royalty Corporation (TSXV:EMX) acquired additional 7.25% stake in Norra Metals Corp. (TSXV:NORA).

EMX Royalty Corporation (TSXV:EMX) acquired additional 7.81% stake in Norra Metals Corp. (TSXV:NORA).

EMX Royalty Corporation Provides Drill Results Update from the Hardshell Royalty Property in Arizona

Independent Director exercised options to buy CA$183k worth of stock.

President exercised options to buy CA$128k worth of stock.

EMX Royalty Corporation Provides Earnings Guidance for the Year 2022

First quarter 2022 earnings released: EPS: CA$0.22 (vs CA$0.052 loss in 1Q 2021)

EMX Royalty Corporation, Annual General Meeting, Jun 30, 2022

EMX Royalty Corporation (TSXV:EMX) acquired 16.23% stake in Sociedad Legal Minera California Una de la Sierra Peña Negra for $25.74 million.

EMX Royalty Corporation announced that it expects to receive CAD 12.579999 million in funding from Franco-Nevada Corporation

Full year 2021 earnings released: CA$0.33 loss per share (vs CA$0.072 loss in FY 2020)

Mahvie Minerals AB acquired 37,500 Hectares Of Mineral Exploration Permits In Central Norway from EMX Royalty Corporation (TSXV:EMX) for NOK 0.075 ($ 0.0085 million) in cash and 9.9% equity interest in Mahvie Minerals AB.

Mahvie Minerals AB acquired 37,500 Hectares Of Mineral Exploration Permits In Central Norway from EMX Royalty Corporation (TSXV:EMX) for $ 0.0085 million in cash and 9.9% equity interest in Mahvie Minerals AB.

Gold Line Resources Ltd. (TSXV:GLDL) completed the acquisition of Oijärvi Extension property of EMX Royalty Corporation.

Is EMX Royalty (CVE:EMX) Using Debt In A Risky Way?

EMX Royalty Corporation Identifies New Gold and Cobalt Targets on Australian Projects

Emx Royalty Corporation Provides Update on its Balya North Lead-Zinc-Silver Royalty Property in Northwestern Turkey

Third quarter 2021 earnings released: CA$0.13 loss per share (vs CA$0.011 loss in 3Q 2020)

Independent Director exercised options to buy CA$167k worth of stock.

Executive Chairman of the Board exercised options to buy CA$257k worth of stock.

Second quarter 2021 earnings released: CA$0.042 loss per share (vs CA$0.039 loss in 2Q 2020)

High number of new directors

District Metals Corp. (TSXV:DMX) entered into a definitive agreement to acquire Svärdsjö Property in Bergslagen District of Sweden from EMX Royalty Corporation (TSXV:EMX) for CAD 0.55 million.

Gold Line Resources Ltd. (TSXV:GLDL) and EMX Royalty Corporation (TSXV:EMX) completed the acquisition of Oijärvi Gold and Solvik Gold Project from Agnico Eagle Mines Limited (NYSE:AEM).

Shareholders Will Probably Hold Off On Increasing EMX Royalty Corporation's (CVE:EMX) CEO Compensation For The Time Being

EMX Royalty Corporation (TSXV:EMX) acquired an additional 5.07% stake in Rawhide Mining LLC for $1.25 million.