TSE:MMX

Maverix Metals Inc. (MMX.TO) Stock Forecast, Price & News

C$6.48

-0.38 (-5.54 %)

(As of 01/27/2021 04:00 PM ET)

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Today's Range

C$6.47

Now: C$6.48▼

C$6.83

50-Day Range

C$6.07

MA: C$6.86▼

C$7.67

52-Week Range

C$3.10

Now: C$6.48▼

C$7.78

Volume117,858 shs

Average Volume70,830 shs

Market CapitalizationC$910.36 million

P/E Ratio108.00

Dividend Yield0.74%

BetaN/A

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, lead, zinc, and other metals. As of December 31, 2019, it owned approximately 100 royalties, streams, and other interests in North America, South America, Australia, and internationally. The company was formerly known as MacMillan Minerals Inc. Maverix Metals Inc. was founded in 2016 and is headquartered in Vancouver, Canada.

Overall MarketRank^™

1.33 out of 5 stars

3.5 Analyst's Opinion

Consensus Rating
Maverix Metals Inc. (MMX.TO) has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$8.75, Maverix Metals Inc. (MMX.TO) has a forecasted upside of 35.0% from its current price of C$6.48.
Amount of Analyst Coverage
Maverix Metals Inc. (MMX.TO) has only been the subject of 1 research reports in the past 90 days.

2.3 Community Rank

Outperform Votes
Maverix Metals Inc. (MMX.TO) has received 12 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Maverix Metals Inc. (MMX.TO) has received 14 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Maverix Metals Inc. (MMX.TO) has received 53.85% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Maverix Metals Inc. (MMX.TO) and other stocks. Vote “Outperform” if you believe MMX will outperform the S&P 500 over the long term. Vote “Underperform” if you believe MMX will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.8 Dividend Strength

Dividend Yield
Maverix Metals Inc. (MMX.TO) has a dividend yield of 0.74%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Maverix Metals Inc. (MMX.TO) does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Maverix Metals Inc. (MMX.TO) is 66.67%. This payout ratio is at a healthy, sustainable level, below 75%.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Maverix Metals Inc. (MMX.TO) insiders have not sold or bought any company stock.

0.0 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Maverix Metals Inc. (MMX.TO) is 108.00, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 23.98.
Price to Earnings Ratio vs. Sector
The P/E ratio of Maverix Metals Inc. (MMX.TO) is 108.00, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 23.74.
Price to Book Value per Share Ratio
Maverix Metals Inc. (MMX.TO) has a P/B Ratio of 2.99. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange TSE

Industry Industrial Metals & Minerals

Sub-IndustryN/A

SectorBasic Materials

Current SymbolTSE:MMX

Previous Symbol

CUSIPN/A

CIKN/A

Webmaverixmetals.com

Phone604-449-9290

EmployeesN/A

Year FoundedN/A

Debt

Debt-to-Equity Ratio12.61

Current Ratio4.25

Quick Ratio4.19

Price-To-Earnings

Trailing P/E Ratio108.00

Forward P/E Ratio49.85

P/E GrowthN/A

Sales & Book Value

Annual SalesC$45.47 million

Price / Sales20.02

Cash FlowC$0.27 per share

Price / Cash Flow23.65

Book ValueC$2.16 per share

Price / Book2.99

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Outstanding Shares140,488,000

Market CapC$910.36 million

Next Earnings Date3/4/2021 (Estimated)

OptionableNot Optionable

C$6.48

-0.38 (-5.54 %)

(As of 01/27/2021 04:00 PM ET)

30 days | 90 days | 365 days | Advanced Chart

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Maverix Metals Inc. (MMX.TO) (TSE:MMX) Frequently Asked Questions

How has Maverix Metals Inc. (MMX.TO)'s stock price been impacted by Coronavirus?

Maverix Metals Inc. (MMX.TO)'s stock was trading at C$4.75 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, MMX stock has increased by 36.4% and is now trading at C$6.48.
View which stocks have been most impacted by COVID-19.

Is Maverix Metals Inc. (MMX.TO) a buy right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Maverix Metals Inc. (MMX.TO) in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Maverix Metals Inc. (MMX.TO) stock.
View analyst ratings for Maverix Metals Inc. (MMX.TO) or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Maverix Metals Inc. (MMX.TO)?

Wall Street analysts have given Maverix Metals Inc. (MMX.TO) a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Maverix Metals Inc. (MMX.TO) wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Maverix Metals Inc. (MMX.TO)'s next earnings date?

Maverix Metals Inc. (MMX.TO) is scheduled to release its next quarterly earnings announcement on Thursday, March 4th 2021.
View our earnings forecast for Maverix Metals Inc. (MMX.TO).

How were Maverix Metals Inc. (MMX.TO)'s earnings last quarter?

Maverix Metals Inc. (MMX.TO) (TSE:MMX) issued its quarterly earnings results on Friday, November, 13th. The company reported $0.05 earnings per share for the quarter, topping analysts' consensus estimates of $0.03 by $0.02. The business had revenue of $19.79 million for the quarter, compared to the consensus estimate of $13.91 million.
View Maverix Metals Inc. (MMX.TO)'s earnings history.

How often does Maverix Metals Inc. (MMX.TO) pay dividends? What is the dividend yield for Maverix Metals Inc. (MMX.TO)?

Maverix Metals Inc. (MMX.TO) announced a quarterly dividend on Friday, November 13th. Stockholders of record on Monday, November 30th will be paid a dividend of 0.013 per share on Tuesday, December 15th. This represents a $0.05 annualized dividend and a yield of 0.80%. The ex-dividend date is Friday, November 27th.
View Maverix Metals Inc. (MMX.TO)'s dividend history.

Is Maverix Metals Inc. (MMX.TO) a good dividend stock?

Maverix Metals Inc. (MMX.TO) pays an annual dividend of C$0.04 per share and currently has a dividend yield of 0.74%. The dividend payout ratio of Maverix Metals Inc. (MMX.TO) is 66.67%. This payout ratio is at a healthy, sustainable level, below 75%.
View Maverix Metals Inc. (MMX.TO)'s dividend history.

What price target have analysts set for MMX?

2 Wall Street analysts have issued 12-month target prices for Maverix Metals Inc. (MMX.TO)'s shares. Their forecasts range from C$8.50 to C$9.00. On average, they expect Maverix Metals Inc. (MMX.TO)'s stock price to reach C$8.75 in the next twelve months. This suggests a possible upside of 35.0% from the stock's current price.
View analysts' price targets for Maverix Metals Inc. (MMX.TO) or view Wall Street analyst' top-rated stocks.

Who are some of Maverix Metals Inc. (MMX.TO)'s key competitors?

Some companies that are related to Maverix Metals Inc. (MMX.TO) include KAZ Minerals PLC (KAZ.L) (KAZ), Lithium Americas Corp. (LAC.TO) (LAC), Champion Iron Limited (CIA.TO) (CIA), Parex Resources Inc. (PXT.TO) (PXT), Pretium Resources Inc. (PVG.TO) (PVG), Lundin Gold Inc. (LUG.TO) (LUG), ARC Resources Ltd. (ARX.TO) (ARX), Superior Plus Corp. (SPB.TO) (SPB), Orocobre Limited (ORL.TO) (ORL), Interfor Co. (IFP.TO) (IFP), Semafo (SMF), SilverCrest Metals Inc. (SIL.TO) (SIL), Nexa Resources S.A. (NEXA.TO) (NEXA), North American Palladium (PDL) and Hochschild Mining plc (HOC.L) (HOC).
View all of MMX's competitors.

What other stocks do shareholders of Maverix Metals Inc. (MMX.TO) own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Maverix Metals Inc. (MMX.TO) investors own include Torex Gold Resources Inc. (TXG.TO) (TXG), Canasil Resources Inc. (CLZ.V) (CLZ), Cancer Genetics (CGIX), 7486608 (BRCM), BioNTech (BNTX), Barings BDC (BBDC), Alibaba Group (BABA), Alimentation Couche-Tard (ATD.B), Alimentation Couche-Tard (ATD.A) and Alimentation Couche-Tard (ATD).

Who are Maverix Metals Inc. (MMX.TO)'s key executives?

Maverix Metals Inc. (MMX.TO)'s management team includes the following people:

Mr. Daniel O'Flaherty, CEO & Director (Age 39, Pay $1.07M)
Mr. Ryan McIntyre C.F.A., CFA, Pres
Mr. Matt Fargey CPA, Chief Financial Officer
Mr. Warren Beil, Gen. Counsel & Corp. Sec. (Age 41, Pay $597k)
Mr. Brent Bonney, VP of Corp. Devel.
Mr. Brendan Pidcock P.Eng., VP of Technical Services
Mr. Wayne L. Vincent, Sr. Financial Advisor (Age 59)

What is Maverix Metals Inc. (MMX.TO)'s stock symbol?

Maverix Metals Inc. (MMX.TO) trades on the Toronto Stock Exchange (TSX) under the ticker symbol "MMX."

How do I buy shares of Maverix Metals Inc. (MMX.TO)?

Shares of MMX and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.

What is Maverix Metals Inc. (MMX.TO)'s stock price today?

One share of MMX stock can currently be purchased for approximately C$6.48.

How big of a company is Maverix Metals Inc. (MMX.TO)?

Maverix Metals Inc. (MMX.TO) has a market capitalization of C$910.36 million and generates C$45.47 million in revenue each year.

What is Maverix Metals Inc. (MMX.TO)'s official website?

The official website for Maverix Metals Inc. (MMX.TO) is maverixmetals.com.

How can I contact Maverix Metals Inc. (MMX.TO)?

The company can be reached via phone at 604-449-9290.

This page was last updated on 1/27/2021 by MarketBeat.com Staff

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