EMX Royalty: Trading At A Deep Discount To Fair Value (Rating Upgrade)

Adrian Wojcik It's been a tough past two years for small and micro-cap stocks in the precious metals sector, but few names have been hit as hard as EMX Royalty Corporation (NYSE:EMX) when adjusting for overall quality. This is because the stock has found itself down over 60% from its highs despite being insulated from inflation as a royalty company, with persistent selling pushing it below the $200 million market cap level despite a surge in annual cash flow generation from 2020 levels (when the stock p ...