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The latest announcement is out from EMX Royalty ( (TSE:EMX) ).
EMX Royalty Corporation announced significant advancements at the Diablillos Silver-Gold Royalty Property in Argentina, with AbraSilver Resource Corp. updating its mineral resource estimate. The update shows a 34% increase in contained silver and a 27% increase in contained gold, enhancing the project’s economics. EMX holds a 1% NSR royalty on the property, with all known mineralization occurring within its royalty ground. The project is on track to receive environmental approval and deliver a definitive feasibility study by early 2026, with ongoing drilling and exploration efforts expected to further increase resource estimates. These developments position EMX favorably within the industry, potentially increasing its royalty income and strengthening its market position.
The most recent analyst rating on (TSE:EMX) stock is a Buy with a C$5.75 price target. To see the full list of analyst forecasts on EMX Royalty stock, see the TSE:EMX Stock Forecast page.
Spark’s Take on TSE:EMX Stock
According to Spark, TipRanks’ AI Analyst, TSE:EMX is a Neutral.
EMX Royalty’s overall score reflects a balance of high technical momentum and strategic corporate actions against a backdrop of financial instability and overvaluation. The positive corporate events enhance strategic positioning, but financial and valuation concerns weigh heavily on the score.
To see Spark’s full report on TSE:EMX stock, click here.
More about EMX Royalty
EMX Royalty Corporation operates in the mining industry, focusing on royalty generation and acquisition. The company holds a diversified portfolio of precious metals, base metals, and other mineral properties, with a strategic emphasis on maximizing royalty income through partnerships and investments in mineral exploration and development projects.
Average Trading Volume: 57,721
Technical Sentiment Signal: Buy
Current Market Cap: C$494.6M
See more data about EMX stock on TipRanks’ Stock Analysis page.