EMX Royalty Completes Merger with Elemental Altus

Tip Ranks
2025.11.14 21:18
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EMX Royalty Corporation has completed a merger with Elemental Altus Royalties Corp, making EMX an indirect wholly-owned subsidiary. The merger, approved by the court, includes a rebranding to Elemental Royalty Corporation and new ticker symbols. A private placement raised approximately US$100 million, and the executive team was reorganized to strengthen market position. The latest analyst rating for EMX stock is Hold with a C$5.50 target, while TipRanks’ AI Analyst rates it Neutral due to mixed financial performance and bearish indicators.

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EMX Royalty ( (TSE:EMX) ) has issued an update.

On November 13, 2025, EMX Royalty Corporation, a company involved in the royalty and mineral property sector, announced the completion of a significant transaction with Elemental Altus Royalties Corp. This transaction, approved by the court, resulted in Elemental Altus acquiring all issued and outstanding shares of EMX, making EMX an indirect wholly-owned subsidiary. As part of this merger, Elemental Altus plans to continue operations under a new name, Elemental Royalty Corporation, and will begin trading under new ticker symbols. The transaction also involved a substantial private placement financing, raising approximately US$100 million, and a reorganization of the executive team, indicating a strategic move to strengthen the combined company’s market position.

The most recent analyst rating on (TSE:EMX) stock is a Hold with a C$5.50 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 stock score is primarily influenced by its mixed financial performance and bearish technical indicators. The company’s high P/E ratio suggests overvaluation, while the lack of earnings call data and corporate events limits additional insights. The stable balance sheet provides some support, but profitability and cash flow challenges weigh heavily on the score.

To see Spark’s full report on TSE:EMX stock, click here.

More about EMX Royalty

Average Trading Volume: 108,084

Technical Sentiment Signal: Buy

Current Market Cap: C$621.7M