MMX Stock Overview
Maverix Metals Inc., together with its subsidiaries, operates as a precious metals royalty and streaming company in Canada.
Maverix Metals Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||CA$5.41|
|52 Week High||CA$7.45|
|52 Week Low||CA$5.00|
|1 Month Change||-8.31%|
|3 Month Change||-9.98%|
|1 Year Change||-25.89%|
|3 Year Change||2.27%|
|5 Year Change||98.90%|
|Change since IPO||106.49%|
Recent News & Updates
Does Maverix Metals (TSE:MMX) Have A Healthy Balance Sheet?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
|MMX||CA Metals and Mining||CA Market|
Return vs Industry: MMX underperformed the Canadian Metals and Mining industry which returned -7.4% over the past year.
Return vs Market: MMX underperformed the Canadian Market which returned 4.9% over the past year.
|MMX Average Weekly Movement||6.1%|
|Metals and Mining Industry Average Movement||10.9%|
|Market Average Movement||9.8%|
|10% most volatile stocks in CA Market||17.0%|
|10% least volatile stocks in CA Market||4.4%|
Stable Share Price: MMX is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: MMX's weekly volatility (6%) has been stable over the past year.
About the Company
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 Fundamentals Summary
|MMX fundamental statistics|
Is MMX overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MMX income statement (TTM)|
|Cost of Revenue||US$15.95m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||0.087|
|Net Profit Margin||21.70%|
How did MMX perform over the long term?See historical performance and comparison
1.2%Current Dividend Yield
Does MMX pay a reliable dividends?See MMX dividend history and benchmarks
|Maverix Metals dividend dates|
|Ex Dividend Date||May 30 2022|
|Dividend Pay Date||Jun 15 2022|
|Days until Ex dividend||6 days|
|Days until Dividend pay date||22 days|
Does MMX pay a reliable dividends?See MMX dividend history and benchmarks
Is Maverix Metals undervalued compared to its fair value and its price relative to the market?
Valuation Score 3/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MMX (CA$5.41) is trading below our estimate of fair value (CA$13.25)
Significantly Below Fair Value: MMX is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MMX is poor value based on its PE Ratio (48.4x) compared to the Canadian Metals and Mining industry average (11x).
PE vs Market: MMX is poor value based on its PE Ratio (48.4x) compared to the Canadian market (11.4x).
Price to Earnings Growth Ratio
PEG Ratio: MMX is poor value based on its PEG Ratio (2.3x)
Price to Book Ratio
PB vs Industry: MMX is good value based on its PB Ratio (1.7x) compared to the CA Metals and Mining industry average (2x).
How is Maverix Metals forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Future Growth Score4/6
Future Growth Score 4/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MMX's forecast earnings growth (21.4% per year) is above the savings rate (1.6%).
Earnings vs Market: MMX's earnings (21.4% per year) are forecast to grow faster than the Canadian market (7.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: MMX's revenue (6.6% per year) is forecast to grow faster than the Canadian market (6.4% per year).
High Growth Revenue: MMX's revenue (6.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MMX's Return on Equity is forecast to be low in 3 years time (4.8%).
How has Maverix Metals performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MMX has high quality earnings.
Growing Profit Margin: MMX's current net profit margins (21.7%) are lower than last year (67.8%).
Past Earnings Growth Analysis
Earnings Trend: MMX has become profitable over the past 5 years, growing earnings by 58.8% per year.
Accelerating Growth: MMX's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MMX had negative earnings growth (-65.9%) over the past year, making it difficult to compare to the Metals and Mining industry average (-3.8%).
Return on Equity
High ROE: MMX's Return on Equity (3.4%) is considered low.
How is Maverix Metals's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: MMX's short term assets ($36.4M) exceed its short term liabilities ($2.0M).
Long Term Liabilities: MMX's short term assets ($36.4M) exceed its long term liabilities ($18.8M).
Debt to Equity History and Analysis
Debt Level: MMX has more cash than its total debt.
Reducing Debt: Insufficient data to determine if MMX's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MMX's debt is well covered by operating cash flow (302%).
Interest Coverage: MMX's interest payments on its debt are well covered by EBIT (17.1x coverage).
What is Maverix Metals's current dividend yield, its reliability and sustainability?
Dividend Score 2/6
Future Dividend Coverage
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: MMX's dividend (1.19%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.91%).
High Dividend: MMX's dividend (1.19%) is low compared to the top 25% of dividend payers in the Canadian market (4.91%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, MMX has been paying a dividend for less than 10 years.
Growing Dividend: MMX's dividend payments have increased, but the company has only paid a dividend for 3 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (56.4%), MMX's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (223.4%), MMX's dividend payments are not well covered by cash flows.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dan O'Flaherty (39 yo)
Mr. Daniel O'Flaherty, also known as Dan, has been Chief Executive Officer at Maverix Metals Inc. since June 17, 2016 and served as President until November 26, 2019. Mr. O'Flaherty was Executive Vice Pres...
CEO Compensation Analysis
Compensation vs Market: Dan's total compensation ($USD991.07K) is below average for companies of similar size in the Canadian market ($USD1.54M).
Compensation vs Earnings: Dan's compensation has been consistent with company performance over the past year.
Experienced Management: MMX's management team is seasoned and experienced (5 years average tenure).
Experienced Board: MMX's board of directors are considered experienced (5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: MMX insiders have only sold shares 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 4.3%.
Maverix Metals Inc.'s employee growth, exchange listings and data sources
- Name: Maverix Metals Inc.
- Ticker: MMX
- Exchange: TSX
- Founded: 2016
- Industry: Gold
- Sector: Materials
- Implied Market Cap: CA$797.154m
- Shares outstanding: 147.35m
- Website: https://www.maverixmetals.com
Number of Employees
- Maverix Metals Inc.
- 510 Burrard Street
- Suite 575
- British Columbia
- V6C 3A8
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/22 00:00|
|End of Day Share Price||2022/05/20 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.