EMX Royalty (CVE:EMX) Shares Down 1.7% – Time to Sell?

EMX Royalty Co. (CVE:EMX) shares dropped 1.7% during trading on Monday . The company traded as low as C$5.65 and last traded at C$5.70. Approximately 64,640 shares were traded during mid-day trading, a decline of 5% from the average daily volume of 68,303 shares. The stock had previously closed at C$5.80.

EMX Royalty Trading Down 1.7%

The business has a 50 day simple moving average of C$5.70 and a 200-day simple moving average of C$5.73. The stock has a market capitalization of C$621.09 million, a price-to-earnings ratio of 114.00 and a beta of 0.58. The company has a debt-to-equity ratio of 29.62, a current ratio of 13.15 and a quick ratio of 4.65.

EMX Royalty Company Profile

EMX Royalty Corporation, together with its subsidiaries, explores for and generates royalties from metals and minerals properties. It explores gold, silver, platinum, palladium, copper, lead, zinc, manganese, nickel, cobalt, molybdenum, and iron deposits, as well as battery, precious, and base metals. The company's royalty and exploration portfolio primarily consist of properties in North America, Türkiye, Europe, Australia, Latin America, Morocco, and Australia. The company was formerly known as Eurasian Minerals Inc and changed its name to EMX Royalty Corporation in July 2017.