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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 ...
Are Basic Materials Stocks Lagging EMX Royalty (EMX) This Year?
ZACKS· 2025-03-18 14:46
Group 1: Company Performance - EMX Royalty Corp. has returned 9.8% year-to-date, outperforming the Basic Materials sector's average return of 8% [4] - The Zacks Consensus Estimate for EMX's full-year earnings has increased by 33.3% over the past three months, indicating improved analyst sentiment and a more positive earnings outlook [3] - EMX Royalty Corp. currently holds a Zacks Rank of 1 (Strong Buy), suggesting strong potential for future performance [3] Group 2: Industry Context - EMX Royalty Corp. is part of the Mining - Miscellaneous industry, which includes 59 stocks and currently ranks 183 in the Zacks Industry Rank [6] - The average return for stocks in the Mining - Miscellaneous industry this year is 7.3%, indicating that EMX is performing better than its peers in this specific industry [6] - Another stock in the Basic Materials sector, Silvercorp, has significantly outperformed the sector with a year-to-date return of 38.3% [4][5]
EMX Royalty Announces Year-End Financial Results; Record Adjusted Royalty Revenue; and Positive Outlook for 2025
Newsfile· 2025-03-12 21:26
Core Insights - EMX Royalty Corporation reported a transformational year in 2024, achieving record-high adjusted royalty revenue and strengthening its financial position through disciplined capital management and share buybacks [2][5][6] Financial Performance - For the year ended December 31, 2024, EMX generated revenue and other income of $27.4 million, adjusted revenue and other income of $36.7 million, adjusted royalty revenue of $33.1 million, and adjusted EBITDA of $19.2 million [1][6][39] - Adjusted revenue and other income increased by 14% compared to the previous year, while adjusted royalty revenue rose by 28% [6][22] - The company ended the year with cash and cash equivalents of $26.8 million and a working capital surplus of $41.5 million, indicating strong liquidity [6][22] Operational Highlights - The company sold a total of 13,897 GEOs in 2024, with adjusted royalty revenue of $33.1 million, up from 15,782 GEOs and $30.7 million in 2023 [22][44] - Key producing royalties such as Gediktepe, Caserones, Timok, and Leeville performed well, contributing to the strong financial results [9][10] Strategic Developments - EMX expanded its royalty at Caserones and acquired a 2% NSR royalty on the Chapi Copper Mine in Peru for $10 million, expected to contribute revenue in 2026 [10][17] - The company anticipates a reduction in cash operating expenditures of over $3 million in 2025 [2][19] 2025 Guidance - For 2025, EMX projects GEO sales between 10,000 to 12,000 and adjusted royalty revenue between $26 million to $32 million [9][10] - The guidance reflects a decrease in expected GEOs compared to 2024, primarily due to heavy exposure to copper-based assets [10][12] Market Outlook - The company is well-positioned for growth, with ongoing exploration programs at Caserones and Timok expected to enhance mineral resources and reserves [15][20] - EMX plans to continue evaluating new royalty and investment opportunities while maintaining a focus on disciplined capital management [20][19]
EMX Royalty: A Conservative Investment In Commodities And Gold
Seeking Alpha· 2025-03-10 05:24
Core Insights - EMX Royalty Corp. has evolved from a prospect generator to a more established entity in the precious metals sector since its inception in 2005 [1] - The company has seen significant growth, with many previously smaller market cap companies now exceeding $100 million, indicating a shift in the market landscape [1] Company Overview - EMX Royalty Corp. was originally known as Eurasian Minerals and has maintained a global perspective in its operations [1] - The company focuses on precious metals, particularly gold, and has been part of the market since 2003 [1] Market Context - The real estate market in Michigan is highlighted as a favorable investment environment, with properties selling for less than the cost to build, despite a booming economy [1] - The preference for investing in nano-cap junior gold explorers is noted, with a specific interest in companies with market caps under $20 million, although the focus has shifted to larger companies for publication purposes [1]
EMX Announces Resignation of Chris Wright, Confirmed as U.S. Secretary of Energy
Newsfile· 2025-02-04 21:30
Core Points - EMX Royalty Corporation announces the resignation of board member Chris Wright following his confirmation as U.S. Secretary of Energy [1] - Chris Wright was confirmed in a bipartisan vote in the U.S. Senate on February 3, 2025, and will now serve in the U.S. Cabinet [1] - Wright is recognized for his contributions to the energy sector and humanitarian efforts, including co-founding the Bettering Human Lives Foundation [1] - EMX expresses gratitude for Wright's contributions and looks forward to his role in shaping U.S. energy policy [1] 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 operational risks [2] - The company's common shares are listed on the NYSE American Exchange and TSX Venture Exchange under the symbol "EMX" [2]
EMX Announces Acquisition of Additional 1% NSR Royalty on the Chapi Copper Mine Property in Peru
Newsfile· 2025-02-03 12:30
Core Points - EMX Royalty Corporation has acquired an additional 1% Net Smelter Returns (NSR) royalty interest on the Chapi Copper Mine Property for US$7,000,000, bringing the total NSR royalty to 2% for a total consideration of US$10,000,000 [1][2] - The Royalty Agreement includes a 2% NSR royalty on minerals produced from the approximately 26,000 hectare property owned by Minera Pampa de Cobre S.A.C. (MPC), as well as from minerals processed at the Chapi Mine facilities [2] - The Agreement also encompasses a two-kilometer area of interest around the Property Royalty area, ensuring that any property acquired by MPC within this area will also be subject to a 2% NSR royalty [2] 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]
EMX Royalty: Royalties Continue To Bear Fruit
Seeking Alpha· 2025-01-11 09:32
Company Overview - EMX Royalty (NYSE: EMX) (TSXV: EMX:CA) continues to be undervalued, with its share price remaining flat since the last article [2] - The company's flagship project is not detailed in the provided content, but it is implied to be a significant driver of value [2] Market Perception - EMX Royalty appears to be neglected by the market, as indicated by the stagnant share price [2] Investment Philosophy - The analyst adopts an owner-mindset, focusing on low-risk, high-uncertainty bets and ignoring macro-environment noise [2] - The analyst is influenced by Austrian economic thinking, particularly the works of Henry Hazlitt, Friedrich Hayek, and Ludwig Von Mises [2] Analyst's Position - The analyst has no stock, option, or derivative positions in EMX Royalty and no plans to initiate any within the next 72 hours [3] - The article expresses the analyst's own opinions and is not influenced by any business relationships with the mentioned companies [3]
EMX Provides Financial Update
Newsfile· 2025-01-09 12:30
Core Insights - EMX Royalty Corporation ended the year with approximately $27 million in cash and cash equivalents and $35 million in long-term debt maturing in July 2029 [1] Group 1: Financial Transactions - The company sold all its common and preferred share holdings in Ensero Holdings Inc for approximately $5.6 million, having initially invested about $3.8 million in 2020 and earned approximately $1.0 million in dividends since then [2] - EMX received an early property payment of $2.9 million from Aftermath Silver Ltd for the Berenguela Royalty Property in Peru, with a final payment of $3.25 million due in November 2026 [3] - The company completed a royalty buy-down at the Park Salyer Property in Arizona, receiving $500,000 from Arizona Sonoran Copper Company Inc, reducing its NSR royalty from 1.5% to 0.5% [4] Group 2: Company Overview - EMX is a precious and base metals royalty company, providing investors with discovery, development, and commodity price optionality while limiting exposure to risks inherent to operating companies [5]