Maverix Metals Inc. (NYSE:MMX – Get Rating) – Equities researchers at National Bank Financial issued their Q1 2022 earnings per share (EPS) estimates for shares of Maverix Metals in a research report issued on Tuesday, April 19th. National Bank Financial analyst S. Nagle anticipates that the company will earn $0.04 per share for the quarter.
Several other research firms have also recently commented on MMX. Zacks Investment Research cut shares of Maverix Metals from a “hold” rating to a “sell” rating in a research report on Wednesday, April 13th. Raymond James upped their target price on shares of Maverix Metals from C$8.00 to C$8.75 in a research report on Wednesday. One equities research analyst has rated the stock with a sell rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $7.96.
Maverix Metals (NYSE:MMX – Get Rating) last announced its earnings results on Wednesday, March 16th. The company reported $0.03 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.03. Maverix Metals had a return on equity of 4.50% and a net margin of 43.42%. The business had revenue of $13.08 million during the quarter, compared to analyst estimates of $14.00 million.
The company also recently declared a quarterly dividend, which was paid on Tuesday, March 15th. Stockholders of record on Monday, February 28th were issued a dividend of $0.0125 per share. This represents a $0.05 dividend on an annualized basis and a dividend yield of 1.02%. The ex-dividend date was Friday, February 25th. Maverix Metals’s payout ratio is 29.41%.
Hedge funds have recently modified their holdings of the stock. HighTower Advisors LLC bought a new position in Maverix Metals in the third quarter worth approximately $60,000. UBS Group AG bought a new stake in shares of Maverix Metals during the 3rd quarter valued at $63,000. National Asset Management Inc. bought a new stake in shares of Maverix Metals during the 3rd quarter valued at $70,000. Advisor Group Holdings Inc. raised its position in shares of Maverix Metals by 2,927.3% during the 3rd quarter. Advisor Group Holdings Inc. now owns 16,650 shares of the company’s stock valued at $74,000 after purchasing an additional 16,100 shares during the period. Finally, BlackRock Inc. raised its position in shares of Maverix Metals by 99.5% during the 3rd quarter. BlackRock Inc. now owns 17,673 shares of the company’s stock valued at $79,000 after purchasing an additional 8,814 shares during the period. Institutional investors own 27.52% of the company’s stock.
Maverix Metals Company Profile (Get Rating)
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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