Profile
Sector:
Basic MaterialsIndustry:
Other Industrial Metals & MiningCountry:
CanadaIPO:
28 August 2007Website:
http://www.emxroyalty.comNext earnings report:
14 August 2024Last dividends:
N/ANext dividends:
N/APrice
regular market | 50 min agoDividend
Analysts recommendations
Institutional Ownership
EMX Latest News
Vancouver, British Columbia--(Newsfile Corp. - June 28, 2024) - EMX Royalty Corporation (NYSE American: EMX) (TSXV: EMX) (FSE: 6E9) (the "Company" or "EMX") is pleased to report that all proposed resolutions were approved at the Company's Annual General Meeting of shareholders held on June 28, 2024, in Vancouver, British Columbia (the "Meeting"). The number of directors was set at 7 and all director nominees, as listed in the Management Information Circular dated May 14, 2024 (the "Information Circular"), were elected as directors of the Company at the Meeting to serve for a one-year term and hold office until the next annual meeting of shareholders.
Vancouver, British Columbia--(Newsfile Corp. - June 24, 2024) - EMX Royalty Corporation (NYSE American: EMX) (TSXV: EMX) (FSE: 6E9) (the "Company" or "EMX") is pleased to announce that pursuant to its equity incentive plan, it has granted an aggregate of 1,442,400 incentive stock options (the "Options") to officers, directors, employees and consultants of the Company. The options are exercisable at a price of C$2.47 per share for a period of five (5) years.
Vancouver, British Columbia--(Newsfile Corp. - June 20, 2024) - EMX Royalty Corporation (NYSE American: EMX) (TSXV: EMX) (FSE: 6E9) (the "Company" or "EMX") is pleased to announce it has entered into a credit agreement (the "Credit Agreement") with a wholly-owned subsidiary (the "Lender") of Franco-Nevada Corporation (NYSE: FNV) (TSX: FNV) ("Franco-Nevada") to borrow $35 million (the "Loan"). The Company will use the proceeds of the Loan to repay the $34.66 million outstanding balance of the loan owed to Sprott Private Resource Lending II (Collector), LP ("Sprott") and for general working capital purposes.
EMX Royalty Corporation has experienced a significant decline in its stock price, down over 60% from its highs, despite positive recent developments and increased cash flow. The company's Q3 results showed improved financial performance, with revenue/other income of $12.9 million and adjusted revenue/other income of $14.5 million. In this update, we'll dig into the recent results, developments across the portfolio, and where EMX's fair value sits after its ~60% correction.
EMX Royalty Corporation announces share buyback program, signaling belief in undervalued shares and aiming to enhance shareholder value. EMX's current valuation and potential for growth make the share buyback program enticing for investors. Concerns about aggressive capital deployment strategy and lack of immediate financial benefits may be impacting share performance.
EMX Royalty and Zijin Mining have reached a compromise in the Timok royalty dispute, reducing the royalty rate from 0.5% to 0.3625%. EMX will receive a total of $6.68 million in royalty payments from Zijin, for the H2 2021 - H1 2023 period. EMX is attractively valued compared to its peers.
EMX Royalty Corporation stock has dropped 3.3% since May 25, underperforming the S&P 500. The ongoing Timok royalty dispute and potential concerns over falling copper prices may be contributing to the stock's underperformance. Recent positive developments, including promising exploration results and a royalty partnership with Franco-Nevada, make the stock increasingly attractive.
I tend to think of a Royalty company as the “numbers” guy who provides funds in the early stages of a mine's life in order to reap the rewards later. EMX Royalty Corp has had a bumpy ride so far which is to be expected in the gold and silver space.
What type of business is EMX Royalty?
EMX Royalty Corporation, together with its subsidiaries, engages in the exploring for, and generating royalties from, metals and minerals properties. It explores for gold, silver, platinum, palladium, copper, lead, zinc, nickel, cobalt, volcanogenic massive sulfide, molybdenum, and iron deposits. The company's royalty and exploration portfolio primarily consist of properties in North America, Turkey, Europe, Australia, New Zealand, South America, as well as Sweden, and Norway. The company was formerly known as Eurasian Minerals Inc. and changed its name to EMX Royalty Corporation in July 2017. EMX Royalty Corporation is headquartered in Vancouver, Canada.
What sector is EMX Royalty in?
EMX Royalty is in the Basic Materials sector
What industry is EMX Royalty in?
EMX Royalty is in the Other Industrial Metals & Mining industry
What country is EMX Royalty from?
EMX Royalty is headquartered in Canada
When did EMX Royalty go public?
EMX Royalty initial public offering (IPO) was on 28 August 2007
What is EMX Royalty website?
https://www.emxroyalty.com
Is EMX Royalty in the S&P 500?
No, EMX Royalty is not included in the S&P 500 index
Is EMX Royalty in the NASDAQ 100?
No, EMX Royalty is not included in the NASDAQ 100 index
Is EMX Royalty in the Dow Jones?
No, EMX Royalty is not included in the Dow Jones index
When does EMX Royalty report earnings?
The next expected earnings date for EMX Royalty is 14 August 2024