Maverix Metals (TSX:MMX) - Stock Price, News & Analysis

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

MMX Stock Overview

Maverix Metals Inc., together with its subsidiaries, operates as a precious metals royalty and streaming company in Canada. More details

MMX fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	2/6
Financial Health	4/6
Dividends	0/6

Risk Analysis

Profit margins (19.9%) are lower than last year (46.3%)

Maverix Metals Inc. Competitors

Karora Resources

TSX:KRR

CA$1.2b

Aura Minerals

TSX:ORA

CA$1.2b

K92 Mining

TSX:KNT

CA$2.0b

Victoria Gold

TSX:VGCX

CA$32.5m

Price History & Performance

Summary of all time highs, changes and price drops for Maverix Metals
Historical stock prices
Current Share Price	CA$6.67
52 Week High	CA$6.88
52 Week Low	CA$4.12
Beta	0.51
11 Month Change	3.09%
3 Month Change	56.94%
1 Year Change	19.75%
33 Year Change	1.06%
5 Year Change	90.57%
Change since IPO	154.58%

Recent updates

Is There An Opportunity With Maverix Metals Inc.'s (TSE:MMX) 49% Undervaluation?

Sep 09

We Take A Look At Why Maverix Metals Inc.'s (TSE:MMX) CEO Has Earned Their Pay Packet

May 07

Is Maverix Metals (TSE:MMX) Using Too Much Debt?

May 04

Introducing Maverix Metals (TSE:MMX), A Stock That Climbed 74% In The Last Three Years

Mar 05

Is Maverix Metals Inc. (TSE:MMX) A Smart Choice For Dividend Investors?

Feb 18

What Percentage Of Maverix Metals Inc. (TSE:MMX) Shares Do Insiders Own?

Feb 02

Trade Alert: The Director Of Maverix Metals Inc. (TSE:MMX), A. Doyle, Has Sold Some Shares Recently

Jan 18

Does Maverix Metals (TSE:MMX) Have A Healthy Balance Sheet?

Jan 13

Does The Market Have A Low Tolerance For Maverix Metals Inc.'s (TSE:MMX) Mixed Fundamentals?

Dec 29

Here's Why We Don't Think Maverix Metals's (TSE:MMX) Statutory Earnings Reflect Its Underlying Earnings Potential

Dec 16

Need To Know: Maverix Metals Inc. (TSE:MMX) Insiders Have Been Buying Shares

Dec 03

A Look At The Intrinsic Value Of Maverix Metals Inc. (TSE:MMX)

Nov 18

Shareholder Returns

	MMX	CA Metals and Mining	CA Market
7D	2.5%	-8.6%	-0.5%
1Y	19.7%	25.5%	21.9%

Return vs Industry: MMX exceeded the Canadian Metals and Mining industry which returned 1.7% over the past year.

Return vs Market: MMX exceeded the Canadian Market which returned -1.6% over the past year.

Price Volatility

Is MMX's price volatile compared to industry and market?
MMX volatility
MMX Average Weekly Movement	6.5%
Metals and Mining Industry Average Movement	10.8%
Market Average Movement	8.3%
10% most volatile stocks in CA Market	17.8%
10% least volatile stocks in CA Market	2.9%

Stable Share Price: MMX's share price has been volatile over the past 3 months.

Volatility Over Time: MMX's weekly volatility (7%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2016	9	Dan O'Flaherty	www.maverixmetals.com

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.

Maverix Metals Inc. Fundamentals Summary

How do Maverix Metals's earnings and revenue compare to its market cap?
MMX fundamental statistics
Market cap	CA$983.02m
Earnings (TTM)	CA$16.56m
Revenue (TTM)	CA$83.01m

59.4x

P/E Ratio

11.8x

P/S Ratio

Is MMX overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MMX income statement (TTM)
Revenue	US$61.65m
Cost of Revenue	US$21.67m
Gross Profit	US$39.98m
Other Expenses	US$27.68m
Earnings	US$12.30m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	0.083
Gross Margin	64.86%
Net Profit Margin	19.95%
Debt/Equity Ratio	12.4%

How did MMX perform over the long term?

See historical performance and comparison

Dividends

1.0%

Current Dividend Yield

60%

Payout Ratio

This company has been acquired

MMX Stock Overview

Risk Analysis

Maverix Metals Inc. Competitors

TSX:KRR

CA$1.2b

TSX:ORA

CA$1.2b

TSX:KNT

CA$2.0b

TSX:VGCX

CA$32.5m

Price History & Performance

Recent News & Updates

Triple Flag Precious Metals Corp. (TSX:TFPM) completed the acquisition of Maverix Metals Inc. (TSX:MMX) from Newmont Corporation (NYSE:NEM), Pan American Silver Corp. (TSX:PAAS), Kinross Gold Corporation (TSX:K) and others.

Price target decreased to CA$6.38

Price target decreased to CA$6.90

Investor sentiment improved over the past week

Upcoming dividend of US$0.013 per share

Maverix Metals Inc., Annual General Meeting, Jan 12, 2023

Recent updates

Triple Flag Precious Metals Corp. (TSX:TFPM) completed the acquisition of Maverix Metals Inc. (TSX:MMX) from Newmont Corporation (NYSE:NEM), Pan American Silver Corp. (TSX:PAAS), Kinross Gold Corporation (TSX:K) and others.

Price target decreased to CA$6.38

Price target decreased to CA$6.90

Investor sentiment improved over the past week

Upcoming dividend of US$0.013 per share

Maverix Metals Inc., Annual General Meeting, Jan 12, 2023

Maverix Metals Inc. Approves Quarterly Cash Dividend, Payable on or About December 15, 2022

Third quarter 2022 earnings released: EPS: US$0.022 (vs US$0.02 in 3Q 2021)

Insufficient new directors

Triple Flag Precious Metals Corp. (TSX:TFPM) entered into a definitive agreement to acquire Maverix Metals Inc. (TSX:MMX) from Newmont Corporation (NYSE:NEM), Pan American Silver Corp. (TSX:PAAS), Kinross Gold Corporation (TSX:K) and others for approximately $590 million.

Investor sentiment improved over the past week

Is There An Opportunity With Maverix Metals Inc.'s (TSE:MMX) 49% Undervaluation?

Upcoming dividend of US$0.013 per share

Maverix Metals Inc. Approves Quarterly Cash Dividend, Payable on or About September 15, 2022

Second quarter 2022 earnings released: EPS: US$0.019 (vs US$0.026 in 2Q 2021)

Insufficient new directors

Independent Director exercised options to buy CA$174k worth of stock.

Upcoming dividend of US$0.013 per share

Maverix Metals Inc. Approves the Payment of the Quarterly Cash Dividend, Will Be Paid on or About June 15, 2022

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Does Maverix Metals (TSE:MMX) Have A Healthy Balance Sheet?

Vice President of Corporate Development recently sold CA$61k worth of stock

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Insider recently sold CA$346k worth of stock

A Look At The Fair Value Of Maverix Metals Inc. (TSE:MMX)

Maverix Metals Inc. Provides Production Guidance for the Year 2022

Maverix Metals Inc., Annual General Meeting, May 12, 2022

Investor sentiment improved over the past week

Maverix Metals Inc. Approves Quarterly Cash Dividend, Payable on or About March 15, 2022

With EPS Growth And More, Maverix Metals (TSE:MMX) Is Interesting

Now 22% undervalued after recent price drop

Vice President of Corporate Development exercised options to buy CA$443k worth of stock.

President recently bought CA$109k worth of stock

Maverix Metals (TSE:MMX) Seems To Use Debt Rather Sparingly

Upcoming dividend of US$0.013 per share

Third quarter 2021 earnings released: EPS US$0.02 (vs US$0.11 in 3Q 2020)

Estimating The Fair Value Of Maverix Metals Inc. (TSE:MMX)

Upcoming dividend of US$0.013 per share

Second quarter 2021 earnings released: EPS US$0.026 (vs US$0.025 in 2Q 2020)

CEO & Director recently sold CA$918k worth of stock

Estimating The Fair Value Of Maverix Metals Inc. (TSE:MMX)

Maverix Metals Inc. (TSX:MMX) acquired Portfolio of Six Royalties from Pan American Silver Corp. (TSX:PAAS) for CAD 10.2 million.

First quarter 2021 earnings released: EPS US$0.10 (vs US$0.007 in 1Q 2020)

Maverix Metals Inc. Approves Quarterly Dividend, Payable on June 15, 2021

We Take A Look At Why Maverix Metals Inc.'s (TSE:MMX) CEO Has Earned Their Pay Packet

Is Maverix Metals (TSE:MMX) Using Too Much Debt?

CEO & Director exercised options to buy CA$525k worth of stock.

Consensus forecasts updated

Consensus EPS estimates fall to US$0.14

Full year 2020 earnings released: EPS US$0.19 (vs US$0.071 loss in FY 2019)

Maverix Metals Inc. Reaffirms Production Guidance for the Year 2021

Introducing Maverix Metals (TSE:MMX), A Stock That Climbed 74% In The Last Three Years

New 90-day low: CA$5.93

Independent Director exercised options to buy CA$392k worth of stock.

Maverix Metals Inc., Annual General Meeting, May 13, 2021

Independent Director exercised options to buy CA$420k worth of stock.

Is Maverix Metals Inc. (TSE:MMX) A Smart Choice For Dividend Investors?

What Percentage Of Maverix Metals Inc. (TSE:MMX) Shares Do Insiders Own?

Director recently sold CA$209k worth of stock