Maverix Metals (TSE:MMX) Shares Down 2.8%

Shares of Maverix Metals Inc. (TSE:MMXGet Free Report) dropped 2.8% on Monday . The stock traded as low as C$6.46 and last traded at C$6.53. Approximately 44,485 shares traded hands during mid-day trading, a decline of 18% from the average daily volume of 54,112 shares. The stock had previously closed at C$6.72.

Maverix Metals Trading Down 2.8 %

The company has a quick ratio of 6.15, a current ratio of 8.55 and a debt-to-equity ratio of 12.43. The stock has a market cap of C$962.38 million and a PE ratio of 59.36. The firm’s 50-day moving average is C$6.53.

Maverix Metals Company Profile

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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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