Raymond James Boosts Maverix Metals (MMX) Price Target to C$2.60

Maverix Metals (CVE:MMX) had its price target raised by Raymond James from C$2.50 to C$2.60 in a report published on Friday morning. Raymond James currently has an outperform rating on the stock.

A number of other research analysts have also commented on MMX. Pi Financial set a C$2.60 price target on Maverix Metals and gave the company a buy rating in a report on Monday, October 15th. National Bank Financial raised their price target on Maverix Metals from C$2.70 to C$3.10 and gave the company an outperform rating in a report on Thursday.

Shares of MMX opened at C$2.39 on Friday. The company has a debt-to-equity ratio of 10.04, a current ratio of 11.01 and a quick ratio of 10.94. Maverix Metals has a one year low of C$1.33 and a one year high of C$2.85.

In related news, Director Steven Busby sold 20,100 shares of the firm’s stock in a transaction dated Friday, October 26th. The stock was sold at an average price of C$2.70, for a total transaction of C$54,270.00.

Maverix Metals Company Profile

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, and other precious metals. It holds a portfolio of 27 streams and royalties on development projects or producing mines in the Americas and Australia, as well as in Mexico.

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