Maverix Metals (CVE:MMX) Stock Price Up 4.7% – Here’s Why

Shares of Maverix Metals Inc (CVE:MMX) traded up 4.7% during mid-day trading on Thursday . The stock traded as high as C$5.82 and last traded at C$5.76. 110,721 shares were traded during mid-day trading, an increase of 466% from the average session volume of 19,566 shares. The stock had previously closed at C$5.50.

Maverix Metals Stock Up 4.7 %

The stock has a market cap of C$621.78 million and a PE ratio of 230.40. The business has a 50 day moving average price of C$5.76 and a 200 day moving average price of C$5.76. The company has a quick ratio of 4.16, a current ratio of 4.27 and a debt-to-equity ratio of 8.45.

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.