Maverix Metals Inc. (TSE:MMX) Plans $0.02 Quarterly Dividend

Maverix Metals Inc. (TSE:MMX – Get Rating) declared a quarterly dividend on Friday, May 13th, Zacks reports. Stockholders of record on Tuesday, May 31st will be paid a dividend of 0.016 per share on Wednesday, June 15th. This represents a $0.06 dividend on an annualized basis and a dividend yield of 1.12%. The ex-dividend date is Monday, May 30th.

TSE MMX opened at C$5.72 on Friday. The firm has a market cap of C$842.83 million and a PE ratio of 55.00. Maverix Metals has a one year low of C$5.00 and a one year high of C$7.45. The stock’s 50 day simple moving average is C$5.89 and its 200 day simple moving average is C$5.85. The company has a debt-to-equity ratio of 3.34, a current ratio of 17.91 and a quick ratio of 11.79.

Maverix Metals (TSE:MMX – Get Rating) last released its quarterly earnings results on Wednesday, March 16th. The company reported C$0.03 EPS for the quarter, missing analysts’ consensus estimates of C$0.04 by C($0.01). The company had revenue of C$16.49 million during the quarter, compared to analyst estimates of C$17.78 million. As a group, equities analysts expect that Maverix Metals will post 0.21 earnings per share for the current year.

About Maverix Metals (Get Rating)

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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