4 Stocks to Sell Now According to Mitch Cantor’s Mountain Lake Investment Management

In this article, we discuss 4 stocks to sell now according to Mitch Cantor’s Mountain Lake Investment. If you want to read our detailed analysis of Cantor’s history and hedge fund performance, go directly to 8 Stocks to Sell Now According to Mitch Cantor’s Mountain Lake Investment.

4. EMX Royalty Corporation (NYSE:EMX)

Number of Hedge Fund Holders: 3
Percentage Decrease in Stake in Q4: 100%

EMX Royalty Corporation (NYSE:EMX) and its subsidiaries are involved in the exploration of metals and minerals properties and the generation of royalties from them. Among the hedge funds being tracked by Insider Monkey, Toronto-based investment firm Sprott Asset Management is a leading shareholder of EMX Royalty Corporation (NYSE:EMX), owning 4.01 million shares worth more than $9.08 million as of December 31.

Mountain Lake Investment had no position in Martin Marietta Materials, Inc. (NYSE:MLM) in the fourth quarter after it sold off its 234,100 shares  in EMX Royalty Corporation (NYSE:EMX) during Q4, which were worth $599,000 on September 30, thus adding it to the list of stocks to sell according to Mitch Cantor’s Mountain Lake Investment. The hedge fund first bought a stake in EMX Royalty Corporation (NYSE:EMX) in the first quarter of 2021.

Founded in 1996, EMX Royalty Corporation (NYSE:EMX) has attracted investments from just 3 of the hedge funds tracked by our database, with their positions valued at $9.33 million at the end of Q4, down from 4 hedge funds with $9.16 million in holdings a quarter earlier.