Maverix Metals Inc., a precious metals royalty and streaming company, engages in the exploration and development of mineral properties. More Details
Moderate growth potential with imperfect balance sheet.
Share Price & News
How has Maverix Metals's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MMX has not had significant price volatility in the past 3 months.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: MMX underperformed the Canadian Metals and Mining industry which returned 54.2% over the past year.
Return vs Market: MMX exceeded the Canadian Market which returned -4.2% over the past year.
Price Volatility Vs. Market
How volatile is Maverix Metals's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StWhat Type Of Shareholders Own The Most Number of Maverix Metals Inc. (TSE:MMX) Shares?
4 weeks ago | Simply Wall StThese 4 Measures Indicate That Maverix Metals (TSE:MMX) Is Using Debt Extensively
1 month ago | Simply Wall StHow Much is Maverix Metals' (TSE:MMX) CEO Getting Paid?
Is Maverix Metals undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: MMX (CA$7.38) is trading above our estimate of fair value (CA$6.99)
Significantly Below Fair Value: MMX is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MMX is unprofitable, so we can't compare its PE Ratio to the CA Metals and Mining industry average.
PE vs Market: MMX is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MMX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MMX is good value based on its PB Ratio (2.3x) compared to the CA Metals and Mining industry average (2.8x).
How is Maverix Metals forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MMX is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.7%).
Earnings vs Market: MMX is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: MMX's is expected to become profitable in the next 3 years.
Revenue vs Market: MMX's revenue (5.3% per year) is forecast to grow slower than the Canadian market (5.8% per year).
High Growth Revenue: MMX's revenue (5.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if MMX's Return on Equity is forecast to be high in 3 years time
How has Maverix Metals performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MMX is currently unprofitable.
Growing Profit Margin: MMX is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MMX is unprofitable, but has reduced losses over the past 5 years at a rate of 2.5% per year.
Accelerating Growth: Unable to compare MMX's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MMX is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (78.5%).
Return on Equity
High ROE: MMX has a negative Return on Equity (-2.05%), as it is currently unprofitable.
How is Maverix Metals's financial position?
Financial Position Analysis
Short Term Liabilities: MMX's short term assets ($58.7M) exceed its short term liabilities ($4.6M).
Long Term Liabilities: MMX's short term assets ($58.7M) do not cover its long term liabilities ($76.0M).
Debt to Equity History and Analysis
Debt Level: MMX's debt to equity ratio (29.2%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if MMX's debt to equity ratio has reduced over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if MMX has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if MMX has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Maverix Metals's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MMX's dividend (0.71%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.69%).
High Dividend: MMX's dividend (0.71%) is low compared to the top 25% of dividend payers in the Canadian market (5.78%).
Stability and Growth of Payments
Stable Dividend: MMX is not paying a notable dividend for the Canadian market, therefore no need to check if payments are stable.
Growing Dividend: MMX is not paying a notable dividend for the Canadian market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: MMX is not paying a notable dividend for the Canadian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MMX's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dan O'Flaherty (38 yo)
Mr. Daniel O'Flaherty, also known as Dan, has been Chief Executive Officer at Maverix Metals Inc. since June 17, 2016 and served as President until November 26, 2019. Mr. O'Flaherty was Executive Vice Pres ...
CEO Compensation Analysis
Compensation vs Market: Dan's total compensation ($USD837.87K) is below average for companies of similar size in the Canadian market ($USD1.32M).
Compensation vs Earnings: Dan's compensation has increased whilst the company is unprofitable.
|CEO & Director||4.25yrs||US$1.43m||2.52% |
|Chief Financial Officer||3.42yrs||US$792.00k||0.11% |
|General Counsel & Corporate Secretary||2.33yrs||US$777.00k||0.040% |
|Vice President of Corporate Development||3.67yrs||US$792.00k||0.15% |
|Vice President of Technical Services||0.083yr||no data||0.019% |
|Senior Financial Advisor||3.42yrs||US$173.66k||no data|
Experienced Management: MMX's management team is considered experienced (3.4 years average tenure).
|CEO & Director||4.25yrs||US$1.43m||2.52% |
|Independent Director||4.33yrs||US$103.00k||0.66% |
|Independent Chairman of the Board||4.33yrs||US$260.08k||4.82% |
|Independent Director||1.25yrs||US$92.00k||0.0078% |
|Lead Independent Director||0.75yr||US$80.00k||0.33% |
|Director||1.92yrs||no data||no data|
|Independent Director||4.33yrs||US$95.00k||0.47% |
Experienced Board: MMX's board of directors are considered experienced (3.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: MMX insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 18.6%.
Maverix Metals Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Maverix Metals Inc.
- Ticker: MMX
- Exchange: TSX
- Founded: 2016
- Industry: Gold
- Sector: Materials
- Market Cap: CA$945.651m
- Shares outstanding: 128.14m
- Website: https://maverixmetals.com
- Maverix Metals Inc.
- 510 Burrard Street
- Suite 575
- British Columbia
- V6C 3A8
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MMX||AMEX (NYSE MKT LLC)||Yes||Common Shares||US||USD||Jul 2016|
|MMX||TSX (The Toronto Stock Exchange)||Yes||Common Shares||CA||CAD||Jul 2016|
|778||BST (Boerse-Stuttgart)||Yes||Common Shares||DE||EUR||Jul 2016|
|7781||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Jul 2016|
Maverix Metals Inc., a precious metals royalty and streaming company, engages in the exploration and development of mineral properties. The company explores for gold, silver, lead, zinc, and other metals. ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/22 00:26|
|End of Day Share Price||2020/10/21 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.