Maverix Metals (CVE:MMX) PT Raised to C$6.75 at Raymond James
Maverix Metals (CVE:MMX) had its price objective lifted by Raymond James from C$6.25 to C$6.75 in a report released on Thursday, BayStreet.CA reports. They currently have an outperform rating on the stock.
Separately, National Bank Financial downgraded shares of Maverix Metals from an outperform rating to a sector perform rating and boosted their target price for the stock from C$6.30 to C$6.50 in a report on Friday, June 28th.
Shares of MMX stock opened at C$5.76 on Thursday. The company’s fifty day simple moving average is C$5.76 and its 200-day simple moving average is C$3.87. 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 firm has a market cap of $621.78 million and a PE ratio of 230.40. Maverix Metals has a 12 month low of C$3.26 and a 12 month high of C$5.91.
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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