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EMX Royalty First-Quarter Loss Narrows as Revenue Rises
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EMX Royalty First-Quarter Loss Narrows as Revenue Rises
May 13, 2024 10:52 AM

01:43 PM EDT, 05/13/2024 (MT Newswires) -- EMX Royalty ( EMX ) on Monday reported a first-quarter loss of US$2.23 million, narrower than a loss of US$3.73 million a year earlier.

Revenue and other income for the quarter ended March 31 was US$6.24 million, up from US$2.74 million a year ago.

The company maintained its 2024 guidance of GEOs sales of 11,000 to 14,000, adjusted royalty revenue of US$22 million to US$27.5 million, and option and other property income of US$2 million to US$3 million.

The company's shares were last seen down C$0.09 to C$2.56 on the Toronto Stock Exchange.

Price: 2.56, Change: -0.09, Percent Change: -3.40

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