Maverix Metals (CVE:MMX) Stock Price Up 4.7% – Here’s What Happened

Maverix Metals Inc (CVE:MMXGet Free Report)’s share price was up 4.7% during mid-day trading on Friday . The company traded as high as C$5.82 and last traded at C$5.76. Approximately 110,721 shares traded hands during mid-day trading, an increase of 466% from the average daily volume of 19,566 shares. The stock had previously closed at C$5.50.

Maverix Metals Stock Up 4.7 %

The firm’s fifty day simple moving average is C$5.76 and its 200 day simple moving average is C$5.76. The company has a current ratio of 4.27, a quick ratio of 4.16 and a debt-to-equity ratio of 8.45. The company has a market cap of C$621.78 million and a price-to-earnings ratio of 230.40.

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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