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EMX Royalty Corp (EMX)

NYSE Amex
Currency in USD
Disclaimer
1.490
+0.020(+1.36%)
Closed

EMX Comments

Given recent trends for gold, copper and battery metals, not to mention EMX's activity levels the last 6 months, it's just weird that the stock doesn't trade at twice today's levels. Just the Caserones royalty reported >7mUSD in 2022.
Revenues 2022 up by 130%. Reported a profit! And 22m USD in adjusted operating cash flow, i.e. EMX now trades at (2.67 CAD) just slightly below 10x Price/Cash Flow
The Portfolio is building up nicely
This is going to be huge here in the next few years. They are going to start paying out dividends next year.
I don't think they should worry about paying a dividend at the moment. They should use that money to reinvest into the business which will workout better for shareholders in the long run through higher company valuations and stock appreciation.
new high bull
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