EMX Royalty Corporation Strengthens Financial Position with Key Transactions

EMX Royalty ( (TSE:EMX) ) has provided an update.

EMX Royalty Corporation has announced a significant financial update, closing the year with $27 million in cash and equivalents and $35 million in long-term debt maturing in 2029, under an agreement with Franco Nevada Corporation. This financial position was strengthened by a series of transactions, including the sale of its shares in Ensero Holdings for $5.6 million, an early property payment from Aftermath Silver Ltd totaling $2.9 million, and a $500,000 royalty buy-down at the Park Salyer Property in Arizona. These developments indicate EMX’s strategic maneuvers to bolster its financial stability and optimize its royalty portfolio, potentially enhancing its market position and shareholder value.

More about EMX Royalty

EMX Royalty Corporation is a precious and base metals royalty company that provides its investors with discovery, development, and commodity price optionality, while limiting exposure to risks associated with operating companies. Its common shares are traded on the NYSE American Exchange and the TSX Venture Exchange under the symbol ‘EMX’.

YTD Price Performance: -3.45%

Average Trading Volume: 278,621

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: $188.2M

Learn more about EMX stock on TipRanks’ Stock Analysis page.