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EMX Royalty ( (TSE:EMX) ) just unveiled an announcement.
EMX Royalty Corporation announced the acquisition of a 0.625% net smelter returns (NSR) royalty interest in the Urasar gold-copper project in Armenia, marking its first co-investment with Franco-Nevada Corporation under their Joint Acquisition Agreement. This strategic investment underscores EMX’s belief in Urasar’s potential for significant discovery based on historical data and recent exploration efforts, positioning EMX to benefit from Armenia’s favorable mining conditions and contributing to the region’s mining industry development.
More about EMX Royalty
EMX Royalty Corporation operates in the mining industry, specializing in acquiring and managing royalty interests in mineral properties. The company focuses on projects involving gold and copper, enhancing its portfolio through strategic investments and partnerships.
YTD Price Performance: -0.57%
Average Trading Volume: 269,134
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $191.8M
Find detailed analytics on EMX stock on TipRanks’ Stock Analysis page.
