Raymond James Weighs in on Maverix Metals Inc.’s FY2022 Earnings (TSE:MMX)

Maverix Metals Inc. (TSE:MMX – Get Rating) – Research analysts at Raymond James boosted their FY2022 EPS estimates for Maverix Metals in a report released on Tuesday, April 19th. Raymond James analyst B. Macarthur now expects that the company will earn $0.16 per share for the year, up from their prior forecast of $0.15.

Shares of TSE MMX opened at C$6.11 on Friday. The company has a market cap of C$897.68 million and a price-to-earnings ratio of 30.25. Maverix Metals has a 12 month low of C$5.04 and a 12 month high of C$7.70. The company has a quick ratio of 9.50, a current ratio of 12.46 and a debt-to-equity ratio of 3.36. The business has a fifty day simple moving average of C$6.20 and a 200-day simple moving average of C$5.90.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 15th. Investors of record on Monday, February 28th were issued a dividend of $0.016 per share. This represents a $0.06 dividend on an annualized basis and a yield of 1.05%. This is a boost from Maverix Metals’s previous quarterly dividend of $0.02. The ex-dividend date of this dividend was Friday, February 25th. Maverix Metals’s dividend payout ratio (DPR) is currently 29.70%.

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.

Read More