Maverix Metals (CVE:MMX) had its price objective trimmed by National Bank Financial from C$7.75 to C$7.00 in a research report report published on Wednesday, BayStreet.CA reports. The brokerage currently has a sector perform rating on the stock.
Several other brokerages have also recently issued reports on MMX. Pi Financial set a C$7.00 price target on shares of Maverix Metals and gave the stock a buy rating in a research report on Friday, March 6th. Raymond James set a C$7.50 price target on shares of Maverix Metals and gave the stock an outperform rating in a research report on Monday, March 9th.
The firm has a market cap of $621.78 million and a price-to-earnings ratio of 230.40. Maverix Metals has a 1 year low of C$3.62 and a 1 year high of C$5.91. The company has a quick ratio of 4.16, a current ratio of 4.27 and a debt-to-equity ratio of 8.45. The company’s 50-day moving average price is C$5.76.
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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