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EMX Royalty Corporation has filed a Form 6-K with the U.S. Securities and Exchange Commission, announcing a material change on Friday. The Vancouver-based company, which operates within the metal mining industry, submitted the report under the SEC Exchange Act of 1934, for the month of April 2025. The company, currently trading at $2.00, has shown strong momentum with a 14.45% year-to-date return. According to InvestingPro data, EMX generated revenue of $27.45 million in the last twelve months, with an EBITDA of $7.49 million.
The document, dated April 4, 2025, details a significant update, although the specific nature of the material change was not disclosed in the provided excerpt. As a foreign private issuer, EMX Royalty Corp is required to report certain material changes that could be of importance to shareholders and the investing public. InvestingPro analysis indicates the company maintains strong financial health with a current ratio of 8.85, suggesting excellent liquidity. The stock generally trades with low price volatility, with a beta of 0.62 over the past five years.
The company, previously known as Eurasian Minerals Inc., has indicated it will file annual reports under Form 40-F, which is used by Canadian issuers that are permitted to file their annual report in accordance with section 13 of the U.S. Securities Exchange Act.
EMX Royalty Corp is headquartered at Suite 501 – 543 Granville Street in Vancouver, British Columbia, Canada. The company has been through at least two name changes in its history, transitioning from Eurasian Minerals Inc. to EMX Royalty Corp in July 2017.
The filing was signed by Rocio Echegaray, the Corporate Secretary of EMX Royalty Corporation. This latest filing ensures that the company adheres to the mandatory reporting requirements set forth by the SEC, maintaining transparency with its investors.
Investors and interested parties should note that this information is based on a press release statement. Further details regarding the nature and implications of the material change reported by EMX Royalty Corp are expected to be disclosed by the company in due course. Analysts maintain a positive outlook, with a consensus price target of $5.06, and the company’s next earnings report is scheduled for May 19, 2025. InvestingPro subscribers have access to 8 additional exclusive insights about EMX’s financial health and growth prospects.
In other recent news, EMX Royalty Corporation reported a total revenue of $27.4 million for the year, which resulted in a net loss of $3.3 million, or ($0.03) per share. This represents an improvement compared to the previous year’s revenue of $26.6 million and a net loss of $4.6 million, or ($0.04) per share. The increase in revenue was largely driven by higher commodity prices, enhancing production from the Gediktepe and Leeville royalties. However, a reduction in income from option deals and property-related transactions slightly offset these gains. H.C. Wainwright recently adjusted its outlook on EMX Royalty Corporation, lowering the stock’s price target to $5.00 from $7.00 but maintained a Buy rating. The firm noted the company’s cash flow from operations rose significantly to $6.5 million from $4.3 million the previous year, indicating operational improvements. EMX also holds a cash and cash equivalents balance of $26.8 million, positioning it well for future royalty opportunities in 2025. Despite the reduced price target, the Buy rating suggests continued confidence in EMX’s potential.
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