EMX Royalty (TSE:EMX) has released an update.
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EMX Royalty Corporation has utilized its Normal Course Issuer Bid to repurchase two million shares for C$4.1 million, signaling confidence in the company’s value with a total of C$6.0M spent on buybacks so far. The CEO believes these buybacks offer excellent risk-adjusted returns, reinforcing EMX’s strategy of prudent capital allocation.
For further insights into TSE:EMX stock, check out TipRanks’ Stock Analysis page.