EMX Royalty (EMX)

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EMX Royalty Announces Q1 2025 Results; Significant Increases in Royalty Revenue, Adjusted Royalty Revenue and Adjusted EBITDA
Newsfile· 2025-05-12 21:00
Core Insights - EMX Royalty Corporation reported significant growth in adjusted royalty revenue and adjusted EBITDA for Q1 2025, with adjusted royalty revenue reaching $10.8 million, a 40% increase year-over-year, and adjusted EBITDA at $7.1 million, up 120% compared to the same quarter in 2024 [6][15][3] Financial Performance - Total revenue and other income for Q1 2025 was $8.4 million, compared to $6.24 million in Q1 2024, marking a 35% increase [4][15] - General and administrative costs were $2.17 million, slightly up from $2.15 million in the previous year [4] - Net income for the quarter was $1.26 million, a turnaround from a net loss of $2.23 million in Q1 2024 [4] - Cash flows from operating activities increased to $1.29 million from $1.03 million year-over-year [4][33] Key Strategic Developments - The company completed the acquisition of an additional royalty interest in the Chapi Mine, enhancing its portfolio [3][9] - EMX has maintained its 2025 guidance, projecting GEOs sales of 10,000 to 12,000 and adjusted royalty revenue between $26 million and $32 million [7] - The company repurchased and canceled 1,479,792 shares during the quarter, completing its original Normal Course Issuer Bid program [11] Capital Management - EMX's cash and cash equivalents as of March 31, 2025, were $19.2 million, with a working capital surplus of $36.1 million, indicating strong financial flexibility [6] - The company has established capital allocation goals for 2025, focusing on portfolio growth through its producing assets at Caserones and Timok [8] - A $10 million acquisition of a royalty on the Chapi Copper Mine is expected to contribute to revenue starting in 2026 [9] Production and Revenue Sources - The company sold a total of 3,756 GEOs in Q1 2025, compared to 3,696 GEOs in Q1 2024 [16][36] - Key revenue sources included Gediktepe ($4.3 million), Caserones ($3.0 million), and Timok ($1.6 million) [16][15] Future Outlook - EMX is well-positioned to identify new royalty and investment opportunities while continuing to grow its pipeline of royalty generation properties [14] - The company anticipates continued revenue growth from its producing royalty assets and other property income [14]
Is Contango ORE, Inc. (CTGO) Stock Outpacing Its Basic Materials Peers This Year?
ZACKS· 2025-05-08 14:45
Company Performance - Contango ORE, Inc. (CTGO) has gained approximately 39.5% year-to-date, significantly outperforming the Basic Materials sector, which has returned an average of 4.1% [4] - The Zacks Consensus Estimate for CTGO's full-year earnings has increased by 23.8% over the past 90 days, indicating improved analyst sentiment and a more positive earnings outlook [3] - Contango ORE, Inc. holds a Zacks Rank of 1 (Strong Buy), suggesting strong potential for continued performance [3][7] Industry Context - Contango ORE, Inc. is part of the Mining - Miscellaneous industry, which includes 58 companies and currently ranks 164 in the Zacks Industry Rank [6] - The Mining - Miscellaneous industry has gained an average of 5.1% year-to-date, indicating that CTGO is outperforming its industry peers [6] - Another stock in the Basic Materials sector, EMX Royalty Corp. (EMX), has also shown strong performance with a year-to-date increase of 25.4% and a Zacks Rank of 1 (Strong Buy) [4][5]
Is EMX Royalty (EMX) Stock Outpacing Its Basic Materials Peers This Year?
ZACKS· 2025-04-22 14:41
Group 1 - EMX Royalty Corp. is a notable stock in the Basic Materials sector, currently ranked 9 in the Zacks Sector Rank among 232 individual stocks [2] - The Zacks Rank system indicates that EMX has a strong buy rating (1), with a 66.7% increase in the consensus estimate for its full-year earnings over the past three months, reflecting improved analyst sentiment [3] - Year-to-date, EMX has returned 25.4%, significantly outperforming the Basic Materials group average return of 0.9% [4] Group 2 - EMX Royalty Corp. belongs to the Mining - Miscellaneous industry, which consists of 58 companies and is currently ranked 151 in the Zacks Industry Rank, with EMX outperforming the industry's average return of 0.8% [5] - In contrast, Givaudan SA, another stock in the Basic Materials sector, has a year-to-date return of 6.7% and is part of the Chemical - Specialty industry, which has seen a decline of -4.1% this year [4][6]
AbraSilver Accelerates US$6.85 Million Payment to EMX Royalty Corp, Securing Diablillos Project
Thenewswire· 2025-04-10 22:00
Core Insights - AbraSilver Resource Corp. has completed the final property payment of US$6.85 million to EMX Royalty Corporation, ahead of the original due date of July 31, 2025, and reduced from the initial obligation of US$7.0 million, securing 100% ownership of the Diablillos silver-gold project in Argentina [1][2]. Company Overview - AbraSilver is an advanced-stage exploration company focused on the Diablillos silver-gold project, which is located in the mining-friendly Salta and Catamarca provinces of Argentina [4]. - The current Proven and Probable Mineral Reserve estimate for the Diablillos project is 42.3 million tonnes grading 91 grams per tonne silver and 0.81 grams per tonne gold, containing approximately 124 million ounces of silver and 1.1 million ounces of gold, with significant exploration upside potential [4]. - The company has also entered into an earn-in option and joint venture agreement with Teck on the La Coipita project in San Juan province, Argentina [4]. Management Commentary - John Miniotis, President and CEO of AbraSilver, stated that the completion of the final payment is a key milestone that strengthens the company's financial position and allows for a focus on advancing the Diablillos Project towards production [3].
EMX Receives $6.85M Early Payment from AbraSilver and Repays $10M of Long-Term Debt
Newsfile· 2025-04-10 20:30
Core Points - EMX Royalty Corporation has received an early final property payment of US$6.85 million from AbraSilver Resource Corp, ahead of the original due date of July 31, 2025, which reduces the total obligation from US$7.0 million [1][2] - EMX retains a 1% Net Smelter Return (NSR) on AbraSilver's Diablillos project, which is an advanced silver and gold project located in Argentina [2] - The proceeds from the early payment will be used, along with existing cash, to make a US$10 million principal payment towards EMX's senior secured term loan facility with Franco-Nevada Corporation, reducing total long-term debt from US$35 million to US$25 million [3] Company Overview - EMX is a precious and base metals royalty company that provides investors with discovery, development, and commodity price optionality while limiting exposure to risks associated with operating companies [4] - The company's common shares are listed on the NYSE American Exchange and TSX Venture Exchange under the symbol "EMX" [4]
EMX Royalty (EMX) - 2025 Q1 - Quarterly Report
2025-03-31 20:48
Stock Options and Grants - EMX granted a total of 840,500 Options to officers, directors, employees, and consultants, exercisable at a price of C$2.92 per share for five years[7]. - An aggregate of 483,000 RSUs with performance criteria were granted, featuring a 3-year cliff vesting provision, linked to total shareholder return and operational milestones[7]. - 358,000 RSUs with no performance criteria were granted, vesting in three equal tranches over a 3-year period[7]. - 116,000 cash-settled DSUs were granted to independent directors, redeemable upon retirement, resignation, or replacement[7].
EMX Royalty Corp. (EMX) Is Up 6.77% in One Week: What You Should Know
ZACKS· 2025-03-31 17:00
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. While many investors like to look for momen ...
EMX Royalty Partner, Zijin Mining, Provides an Update on a New Copper and Gold Discovery in Serbia
Newsfile· 2025-03-27 18:30
EMX Royalty Partner, Zijin Mining, Provides an Update on a New Copper and Gold Discovery in SerbiaMarch 27, 2025 2:30 PM EDT | Source: EMX Royalty Corp.Vancouver, British Columbia--(Newsfile Corp. - March 27, 2025) - EMX Royalty Corporation (NYSE American: EMX) (TSXV: EMX) (the "Company" or "EMX") is pleased to announce that its royalty partner at Timok in Serbia, Zijin Mining Group Co., Ltd. ("Zijin"), released their "Annual Results Announcement for the Year Ended 31 December 2024" on March 2 ...
EMX Royalty Announces Commencement of New Normal Course Issuer Bid
Newsfile· 2025-03-26 11:00
Core Viewpoint - EMX Royalty Corporation has announced the commencement of a new Normal Course Issuer Bid (NCIB) following the successful completion of its previous NCIB, aiming to enhance shareholder value and increase liquidity of its shares [1][5]. Group 1: Original NCIB - Under the Original NCIB, the company repurchased and cancelled 5,000,000 common shares for a total amount of $8,255,000, averaging $1.65 per share, which was approximately 4.45% of its issued and outstanding shares at the time [2]. Group 2: New NCIB Details - The New NCIB allows the company to purchase up to 5,440,027 shares, representing about 5% of its issued and outstanding shares as of April 1, 2025, over a twelve-month period starting from April 1, 2025, and expiring no later than March 31, 2026 [3]. - The company is restricted from purchasing more than 2% of the issued and outstanding shares in any 30-day period under the New NCIB [3]. Group 3: Automatic Stock Purchase Program - In conjunction with the New NCIB, the company is initiating an automatic stock purchase program with its designated broker to facilitate share purchases during internal trading blackout periods [4]. Group 4: Funding and Purchase Mechanism - The company intends to fund the share purchases from available cash and will make all purchases through designated exchanges, adhering to applicable securities laws [6]. - The actual number of shares purchased and the timing will be determined based on market conditions and other factors, with no obligation to purchase a specific number of shares [6]. Group 5: Company Overview - EMX Royalty Corporation operates as a precious and base metals royalty company, providing investors with discovery, development, and commodity price optionality while limiting exposure to risks associated with operating companies [7].
All You Need to Know About EMX Royalty (EMX) Rating Upgrade to Strong Buy
ZACKS· 2025-03-18 17:00
EMX Royalty Corp. (EMX) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.The power o ...