Sources: Company Website. Company Presentation.
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As mentioned above, EMX has several potential catalysts to chew on right now. Check them out:
No. 1 EMX Potential Catalyst - Analyst Target Paints Hefty 150+% Potential Upside On EMX
Last month, Heiko Ihle, an analyst at H.C. Wainwright, reaffirmed their price target for EMX at $4.75.
This target implies that EMX could hold upside potential over 150% from its opening valuation on Monday.
Here are several noteworthy particulars from the report:
We are reiterating our Buy rating on EMX and our PT of $4.75. Our valuation for the company remains based on DCFs for EMX’s most important royalty interests in Gediktepe, Caserones, Leeville, Timok, and Balya. On an individual asset level, we still utilize various market-based discount rates for each site to account for their individual geopolitical risk factors.
Near-term catalysts. Looking ahead, EMX remains poised to continue benefiting from its basket of cash-flowing royalties while also remaining exposed to future pre-production payments and equity interests from asset sales. In our view, management of the firm also intends to focus on strengthening its balance sheet through the incremental retirement of its long-term debt. Finally, we reiterate that EMX continues to target additional growth through its royalty generation model, which should further complement EMX's strong pipeline of cash-flowing royalties.
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No. 2 EMX Potential Catalyst - A Huge Royalty Payment Comes Rolling In The Door
EMX Receives Initial ...
From the article:
The approximately $6.68Mn royalty payment consisted of $1.59Mn from July-December, 2021, payments of $3.20Mn from the calendar year 2022, and $1.89Mn for the period of January-June, 2023.
Various news media reports recently highlighted Zijin's planned expansion of the Cukaru Peki operation. As reported by Bloomberg News on August 28, 2023, Branko Rakocevic, Assistant General Manager at Serbia Zijin Mining d.o.o. Bor, commented: "These are vast reserves, which require additional infrastructure, additional in-vest-ment of around $3.5 to $3.8Bn." This would represent a substantial further in-vest-ment in the Cukaru Peki project. Zijin is currently producing copper and gold from the Upper Zone deposit at Cukaru Peki, while concurrently developing the Lower Zone porphyry copper and gold deposit.
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Read the full article here.
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No. 3 EMX Potential Catalyst - Big Move: EMX Receives 2.5% NSR With Execution of New Option Agreement For Copperhole Creek
EMX Options Its Copperhole Creek Polymetallic Project in Australia to Lumira Energy Ltd.
Vancouver, British Columbia--(Newsfile Corp. - September 13, 2023) - EMX Royalty Corporation is pleased to announce the execution of an option agreement for EMX's Copperhole Creek polymetallic project in Queensland, Australia (the "Project") to Lumira Energy Ltd. ("Lumira"), a private Australian Company. The agreement provides EMX with a 2.5% Net Smelter Return ("NSR") royalty interest, cash and equity payments, work commitments and other considerations.
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Read the full article here.
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No. 4 EMX Potential Catalyst - EMX Retains 3% NSR Royalty On 2 Battery Metal Projects Sold To Kendrick
EMX Royalty Sells Two Additional Battery Metal Projects to Kendrick Resources PLC
Vancouver, British Columbia--(Newsfile Corp. - August 8, 2023) - EMX Royalty Corporation is pleased to announce the execution of an agreement (the "Agreement") to add its Mjövattnet and Njuggträskliden nickel-copper-PGE-cobalt projects in Sweden (the "Swedish Projects") to an existing arrangement with Kendrick Resources PLC ("Kendrick"), a current EMX partner. Mjövattnet and Njuggträskliden battery metals projects will follow the same schedule of work commitments, advance royalty payments and milestone payments as the Espedalen battery metals project in Norway, another EMX royalty property being advanced by Kendrick. EMX will retain a 3% NSR royalty on the Swedish Projects along with other considerations summarized below.
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Read the full article here.
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No. 5 EMX Potential Catalyst - New Agreement With Franco-Nevada Helps EMX Gear Up For Royalty Generation
EMX Announces an Acquisition Agreement for New Royalties with Franco-Nevada
Vancouver, British Columbia--(Newsfile Corp. - August 1, 2023) - EMX Royalty Corporation is pleased to announce the execution of a binding term sheet with Franco-Nevada Corporation ("Franco-Nevada") for the joint acquisition of newly created precious metals and copper royalties sourced by EMX (the "Agreement")...
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Read the full article here.
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(NYSE American: EMX) Recap - The Top Potential Breakout Catalysts To Focus On This Minute
No. 1 - Analyst Target Paints Hefty 150+% Potential Upside On EMX
No. 2 - A Huge Royalty Payment Comes Rolling In The Door
No. 3 - Big Move: EMX Receives 2.5% NSR With Execution of New Option Agreement For Copperhole Creek
No. 4 - EMX Retains 3% NSR Royalty On 2 Battery Metal Projects Sold To Kendrick
No. 5 - New Agreement With Franco-Nevada Helps EMX Gear Up For Royalty Generation
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Coverage is officially initiated on EMX. When time allows, do this: