Maverix Metals (CVE:MMX – Get Rating) had its target price lowered by Pi Financial from C$7.50 to C$7.00 in a research report sent to investors on Monday, BayStreet.CA reports.

Several other brokerages have also recently weighed in on MMX. National Bankshares decreased their target price on Maverix Metals from C$6.75 to C$6.50 and set an outperform rating for the company in a research note on Monday, August 15th. Raymond James increased their price objective on Maverix Metals from C$7.75 to C$8.00 and gave the stock an outperform rating in a research note on Tuesday, September 6th. CIBC cut their price target on Maverix Metals from C$9.50 to C$8.50 and set an outperform rating for the company in a research note on Wednesday, August 17th. Finally, Stifel Nicolaus lowered their price objective on Maverix Metals from C$8.25 to C$7.75 in a report on Tuesday, August 16th.

Maverix Metals Trading Up 4.7 %

CVE:MMX opened at C$5.76 on Monday. Maverix Metals has a 1 year low of C$3.26 and a 1 year high of C$5.82. The stock has a market cap of C$621.78 million and a price-to-earnings ratio of 230.40. The business has a fifty day moving average of C$5.76 and a 200-day 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.

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.

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