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

Maverix Metals Inc (CVE:MMXGet Free Report)’s share price shot up 4.7% on Wednesday . The company 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 Price Performance

The stock has a market capitalization of C$621.78 million and a P/E ratio of 230.40. The company has a debt-to-equity ratio of 8.45, a quick ratio of 4.16 and a current ratio of 4.27. The stock has a 50-day simple moving average of C$5.76 and a 200 day simple moving average of C$5.76.

Maverix Metals Company Profile

(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. The company is headquartered in Vancouver, Canada.

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