Maverix Metals (CVE:MMX) Stock Price Up 18.8% – Still a Buy?

Shares of Maverix Metals Inc (CVE:MMXGet Free Report) rose 18.8% during mid-day trading on Tuesday . The company traded as high as C$0.10 and last traded at C$0.10. Approximately 66,166 shares changed hands during mid-day trading, an increase of 47% from the average daily volume of 45,072 shares. The stock had previously closed at C$0.08.

Maverix Metals Trading Up 25.0%

The company has a current ratio of 4.27, a quick ratio of 4.16 and a debt-to-equity ratio of 8.45. The business has a 50 day moving average of C$1.55 and a 200-day moving average of C$4.28. The stock has a market cap of C$7.38 million, a PE ratio of -10.00 and a beta of 2.65.

Maverix Metals Company Profile

(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. The company is headquartered in Vancouver, Canada.

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