Maverix Metals (TSE:MMX) Stock Price Down 2.8% – Time to Sell?

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

Maverix Metals Price Performance

The firm’s 50-day moving average is C$6.53. The stock has a market capitalization of C$962.39 million and a price-to-earnings ratio of 59.36. The company has a debt-to-equity ratio of 12.43, a quick ratio of 6.15 and a current ratio of 8.55.

About Maverix Metals

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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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