company background image
MMX logo

Maverix Metals TSX:MMX Stock Report

Last Price

CA$6.67

Market Cap

CA$983.0m

7D

2.5%

1Y

19.7%

Updated

20 Jan, 2023

Data

Company Financials +

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
Valuation1/6
Future Growth0/6
Past Performance2/6
Financial Health4/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Maverix Metals Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Maverix Metals
Historical stock prices
Current Share PriceCA$6.67
52 Week HighCA$6.88
52 Week LowCA$4.12
Beta0.51
1 Month Change3.09%
3 Month Change56.94%
1 Year Change19.75%
3 Year Change1.06%
5 Year Change90.57%
Change since IPO154.58%

Recent News & Updates

Recent updates

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

Sep 09
Is There An Opportunity With Maverix Metals Inc.'s (TSE:MMX) 49% Undervaluation?

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

May 11
Does Maverix Metals (TSE:MMX) Have A Healthy Balance Sheet?

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

Mar 08
A Look At The Fair Value Of Maverix Metals Inc. (TSE:MMX)

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

Feb 15
With EPS Growth And More, Maverix Metals (TSE:MMX) Is Interesting

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

Nov 23
Maverix Metals (TSE:MMX) Seems To Use Debt Rather Sparingly

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

Nov 10
Estimating The Fair Value Of Maverix Metals Inc. (TSE:MMX)

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

Jul 20
Estimating The Fair Value Of Maverix Metals Inc. (TSE:MMX)

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

May 07
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?

May 04
Is Maverix Metals (TSE:MMX) Using Too Much Debt?

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

Mar 05
Introducing Maverix Metals (TSE:MMX), A Stock That Climbed 74% In The Last Three Years

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

Feb 18
Is Maverix Metals Inc. (TSE:MMX) A Smart Choice For Dividend Investors?

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

Feb 02
What Percentage Of Maverix Metals Inc. (TSE:MMX) Shares Do Insiders Own?

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

Jan 18
Trade Alert: The Director Of Maverix Metals Inc. (TSE:MMX), A. Doyle, Has Sold Some Shares Recently

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

Jan 13
Does Maverix Metals (TSE:MMX) Have A Healthy Balance Sheet?

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

Dec 29
Does The Market Have A Low Tolerance For Maverix Metals Inc.'s (TSE:MMX) Mixed Fundamentals?

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

Dec 16
Here's Why We Don't Think Maverix Metals's (TSE:MMX) Statutory Earnings Reflect Its Underlying Earnings Potential

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

Dec 03
Need To Know: Maverix Metals Inc. (TSE:MMX) Insiders Have Been Buying Shares

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

Nov 18
A Look At The Intrinsic Value Of Maverix Metals Inc. (TSE:MMX)

Shareholder Returns

MMXCA Metals and MiningCA Market
7D2.5%-4.1%-2.6%
1Y19.7%16.6%15.2%

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 Movement6.5%
Metals and Mining Industry Average Movement10.1%
Market Average Movement8.1%
10% most volatile stocks in CA Market17.3%
10% least volatile stocks in CA Market2.9%

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

FoundedEmployeesCEOWebsite
20169Dan O'Flahertywww.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 capCA$983.02m
Earnings (TTM)CA$16.56m
Revenue (TTM)CA$83.01m

59.4x

P/E Ratio

11.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MMX income statement (TTM)
RevenueUS$61.65m
Cost of RevenueUS$21.67m
Gross ProfitUS$39.98m
Other ExpensesUS$27.68m
EarningsUS$12.30m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.083
Gross Margin64.86%
Net Profit Margin19.95%
Debt/Equity Ratio12.4%

How did MMX perform over the long term?

See historical performance and comparison

Dividends

1.0%

Current Dividend Yield

60%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/01/20 12:13
End of Day Share Price 2023/01/19 00:00
Earnings2022/09/30
Annual Earnings2021/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Maverix Metals Inc. is covered by 11 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Brian QuastBMO Capital Markets Equity Research
Rene CartierBMO Capital Markets Equity Research
Jackie PrzybylowskiBMO Capital Markets Equity Research