Maverix Metals (NYSEMKT:MMX) Shares Up 2.9% – Here’s Why

Maverix Metals Inc. (NYSEMKT:MMXGet Free Report)’s share price traded up 2.9% during mid-day trading on Friday . The company traded as high as $5.05 and last traded at $5.00. 62,394 shares changed hands during trading, a decline of 83% from the average session volume of 367,318 shares. The stock had previously closed at $4.86.

Maverix Metals Stock Up 2.9 %

The stock has a market capitalization of $736.90 million, a PE ratio of 62.51 and a beta of 0.74. The company has a debt-to-equity ratio of 0.12, a current ratio of 8.55 and a quick ratio of 8.55. The business’s fifty day moving average price is $5.00 and its two-hundred day moving average price is $5.00.

About Maverix Metals

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Maverix Metals Inc, together with its subsidiaries, operates as a precious metals royalty and streaming company in Canada. The company explores for gold, silver, lead, zinc, copper, nickel, and other metals. It has a portfolio of over 100 royalties and streams in the Americas and Australia. The company was incorporated in 2016 and is headquartered in Vancouver, Canada.

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