Maverix Metals Inc Expected to Earn Q2 2019 Earnings of $0.02 Per Share (CVE:MMX)

Maverix Metals Inc (CVE:MMX) – Equities research analysts at Raymond James decreased their Q2 2019 earnings per share estimates for shares of Maverix Metals in a research report issued to clients and investors on Thursday, June 6th. Raymond James analyst B. Macarthur now forecasts that the company will earn $0.02 per share for the quarter, down from their prior estimate of $0.04. Raymond James has a “Outperform” rating and a $6.00 price objective on the stock. Raymond James also issued estimates for Maverix Metals’ Q3 2019 earnings at $0.03 EPS, Q4 2019 earnings at $0.03 EPS, FY2019 earnings at $0.07 EPS, Q1 2020 earnings at $0.03 EPS, Q2 2020 earnings at $0.04 EPS, Q3 2020 earnings at $0.04 EPS, Q4 2020 earnings at $0.04 EPS and FY2020 earnings at $0.14 EPS.

Maverix Metals (CVE:MMX) last issued its quarterly earnings data on Wednesday, May 15th. The company reported C$0.01 earnings per share (EPS) for the quarter. The company had revenue of C$7.54 million for the quarter, compared to analyst estimates of C$10.50 million.

Separately, National Bank Financial reduced their price objective on shares of Maverix Metals from C$3.40 to C$3.10 and set an “outperform” rating for the company in a research report on Friday, March 29th.

Shares of CVE:MMX opened at C$5.48 on Monday. The firm has a market cap of $598.03 million and a PE ratio of 219.20. The company has a current ratio of 4.27, a quick ratio of 4.16 and a debt-to-equity ratio of 8.45. Maverix Metals has a 52 week low of C$3.26 and a 52 week high of C$5.72.

About Maverix Metals

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 46 development and exploration stage royalties in the United States, Canada, Australia, and internationally.

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Earnings History and Estimates for Maverix Metals (CVE:MMX)

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