Maverix Metals (CVE:MMX) Shares Up 4.7% – Should You Buy?

Maverix Metals Inc (CVE:MMXGet Free Report) shares were up 4.7% on Thursday . The company 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 Price Performance

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

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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