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EMX Royalty ( (TSE:EMX) ) just unveiled an update.
EMX Royalty Corporation has acquired an additional 1% Net Smelter Returns (NSR) royalty interest in the Chapi Copper Mine Property in Peru for $7 million, bringing its total NSR royalty on the property to 2% for a total investment of $10 million. This strategic acquisition, involving a 26,000-hectare area and additional rights within a two-kilometer perimeter, enhances EMX’s position in the copper mining sector, potentially increasing revenue streams from processed minerals, and solidifying its market presence.
More about EMX Royalty
EMX Royalty Corporation is a company specializing in precious and base metals royalties. It offers investors opportunities in discovery, development, and commodity price optionality while mitigating the risks associated with operating companies. EMX’s shares are traded on the NYSE American Exchange and TSX Venture Exchange under the symbol ‘EMX’.
YTD Price Performance: 1.15%
Average Trading Volume: 302,997
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $191.7M
For detailed information about EMX stock, go to TipRanks’ Stock Analysis page.
