Maverix Metals (CVE:MMX) Shares Up 4.7% – Still a Buy?

Maverix Metals Inc (CVE:MMXGet Free Report) rose 4.7% during mid-day trading on Wednesday . The stock traded as high as C$5.82 and last traded at C$5.76. Approximately 110,721 shares traded hands during mid-day trading, an increase of 466% from the average daily volume of 19,566 shares. The stock had previously closed at C$5.50.

Maverix Metals Stock Up 4.7%

The company’s fifty day simple moving average is C$5.76 and its 200-day simple moving average is C$5.76. The firm has a market capitalization of C$621.78 million and a PE ratio of 230.40. The company has a debt-to-equity ratio of 8.45, a current ratio of 4.27 and a quick ratio of 4.16.

About Maverix Metals

(Get Free Report)

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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