Maverix Metals (MMX) Given New C$2.70 Price Target at Raymond James

Maverix Metals (CVE:MMX) had its price objective raised by Raymond James from C$2.60 to C$2.70 in a research note published on Friday. Raymond James currently has an outperform rating on the stock.

Other research analysts have also issued research reports about the stock. Pi Financial set a C$2.60 price objective on shares of Maverix Metals and gave the company a buy rating in a report on Monday, October 15th. National Bank Financial raised their price objective on shares of Maverix Metals from C$2.70 to C$3.10 and gave the company an outperform rating in a report on Thursday, November 22nd.

Shares of CVE MMX opened at C$2.47 on Friday. Maverix Metals has a 1 year low of C$1.33 and a 1 year high of C$2.85. The company has a debt-to-equity ratio of 2.77, a current ratio of 11.07 and a quick ratio of 10.97.

In related news, Director Steven Busby sold 20,100 shares of the firm’s stock in a transaction that occurred on Friday, October 26th. The shares were sold at an average price of C$2.70, for a total value of C$54,270.00.

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 27 streams and royalties on development projects or producing mines in the Americas and Australia, as well as in Mexico.

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