EMX Royalty (TSE:EMX) has released an update.
EMX Royalty Corporation has reported a significant increase in Q2 2024 revenues, with adjusted royalty revenue surging by 49% year-over-year, driven by strong performance and increased production at key properties like Timok, Gediktepe, and Leeville. The company has maintained its 2024 guidance, expecting to reach the upper end of sales and revenue targets while continuing to invest in global royalty acquisition and generation. Additionally, a new credit agreement with Franco-Nevada Corporation has been secured, extending the maturity date of EMX’s debt facility.
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