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Maverix Metals (CVE:MMX) Price Target Lowered to C$7.00 at Pi Financial

Defense World ·  Sep 13, 2022 03:31

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

MMX has been the subject of several other reports. Raymond James lifted their price target on shares of Maverix Metals from C$7.75 to C$8.00 and gave the company an outperform rating in a research note on Tuesday, September 6th. CIBC decreased their target price on shares of Maverix Metals from C$9.50 to C$8.50 and set an outperform rating for the company in a research report on Wednesday, August 17th. National Bankshares decreased their target price on shares of Maverix Metals from C$6.75 to C$6.50 and set an outperform rating for the company in a research report on Monday, August 15th. Finally, Stifel Nicolaus decreased their target price on shares of Maverix Metals from C$8.25 to C$7.75 in a research report on Tuesday, August 16th.

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Maverix Metals Price Performance

Shares of CVE MMX opened at C$5.76 on Monday. Maverix Metals has a twelve month low of C$3.26 and a twelve month high of C$5.82. The firm has a fifty day simple moving average of C$5.76 and a 200 day simple moving average of C$5.76. The company has a market capitalization of C$621.78 million and a PE ratio of 230.40. The company has a quick ratio of 4.16, a current ratio of 4.27 and a debt-to-equity ratio of 8.45.

About Maverix Metals

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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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