Maverix Metals (MMX) PT Raised to C$2.75

Maverix Metals (CVE:MMX) had its target price boosted by Raymond James from C$2.70 to C$2.75 in a research report report published on Thursday morning, BayStreet.CA reports. The firm currently has an outperform rating on the stock. Raymond James also issued estimates for Maverix Metals’ Q1 2020 earnings at $0.02 EPS, Q2 2020 earnings at $0.02 EPS, Q3 2020 earnings at $0.02 EPS, Q4 2020 earnings at $0.02 EPS and FY2020 earnings at $0.07 EPS.

Separately, National Bank Financial dropped their price objective on Maverix Metals from C$3.40 to C$3.10 and set an outperform rating for the company in a research report on Friday, March 29th.

Shares of CVE:MMX traded down C$0.04 during trading on Thursday, reaching C$2.64. 15,400 shares of the company traded hands, compared to its average volume of 28,953. The company has a market cap of $576.45 million and a price-to-earnings ratio of 265.00. The company has a debt-to-equity ratio of 6.14, a quick ratio of 3.96 and a current ratio of 4.06. Maverix Metals has a 52 week low of C$1.41 and a 52 week high of C$2.86.

Maverix Metals (CVE:MMX) last released its earnings results on Wednesday, May 15th. The company reported C$0.01 earnings per share for the quarter. The company had revenue of C$7.54 million for the quarter, compared to the consensus estimate of C$10.50 million. Research analysts predict that Maverix Metals will post 0.0700000002621723 EPS for the current fiscal year.

Maverix Metals Company Profile

Maverix Metals Inc, a precious metals royalty and streaming company, engages in the exploration and development of mineral properties. The company explores for gold, silver, and other precious metals. It holds a portfolio of 46 development and exploration stage royalties in the United States, Canada, Australia, and internationally.

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