EMX Royalty (TSE:EMX) has released an update.
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EMX Royalty Corporation heralds a year of financial triumph with a significant 46% increase in adjusted revenue, reaching $37.0M in 2023, and a robust cash flow enabling a $10M debt paydown. The company’s copper and gold assets, particularly the Timok project and Caserones mine, have been key contributors to this success, with expansion and exploration promising future growth. Additionally, EMX announces a share buyback program in response to what they consider an undervaluation of their equity, signaling confidence in their financial strategy and asset portfolio.
For further insights into TSE:EMX stock, check out TipRanks’ Stock Analysis page.