Added to YB: 2024-11-15
Pitch date: 2024-11-14
EMX [neutral]
EMX Royalty Corporation
+137.71%
current return
Author Info
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Company Info
EMX Royalty Corporation explores for and generates royalties from metals and minerals properties. It explores gold, silver, platinum, palladium, copper, lead, zinc, manganese, nickel, cobalt, molybdenum, and iron deposits, as well as battery, precious, and base metals.
Market Cap
CAD 443.5M
Pitch Price
CAD 1.75
Price Target
N/A
Dividend
N/A
EV/EBITDA
27.83
P/E
92.68
EV/Sales
14.88
Sector
Metals and Mining
Category
value
EMX Royalty ($EMX)
EMX (pass): Cu-Au royalty co at 0.53x NAV. HC Wainwright $7 PT, Taylor Dart $2.70 FV. NPV-5% ~$400M ($2000 Au, $4 Cu). High opex (-$380M NPV) offsets royalty value. Mgmt lacks shareholder focus. Potential turnaround via cost cuts, buybacks, or M&A, but base case unappealing. 20yr poor performance.
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