H.C. Wainwright analyst Heiko Ihle reiterated a Buy rating on EMX Royalty (EMX – Research Report) on October 7 and set a price target of $4.00. The company’s shares closed yesterday at $1.90.
According to TipRanks, Ihle is an analyst with an average return of -19.4% and a 21.75% success rate. Ihle covers the Basic Materials sector, focusing on stocks such as Tanzanian Royalty Exploration, Gold Resource, and Golden Minerals Co.
EMX Royalty has an analyst consensus of Moderate Buy, with a price target consensus of $4.00.
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The company has a one-year high of $2.93 and a one-year low of $1.57. Currently, EMX Royalty has an average volume of 117.5K.
Based on the recent corporate insider activity of 36 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of EMX in relation to earlier this year.
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EMX Royalty Corp. engages in the acquisition and exploration of precious and base metals properties. The company focuses on the gold, copper, silver, lead, zinc and molybdenum properties. It conducts exploration on properties located primarily in Turkey, Haiti, Kyrgyz Republic, Europe, Southwest United States, and Asia Pacific. The company was founded on August 21, 2001 and is headquartered in Vancouver, Canada.
