What’s in Maverix Metals Inc After Today’s Huge Increase?

 What's in Maverix Metals Inc After Today's Huge Increase?

The stock of Maverix Metals Inc (CVE:MMX) is a huge mover today! About 18,287 shares traded hands or 24.50% up from the average. Maverix Metals Inc (CVE:MMX) has risen 6.00% since October 1, 2016 and is uptrending. It has outperformed by 2.53% the S&P500.
The move comes after 6 months positive chart setup for the $95.01 million company. It was reported on Oct, 31 by Barchart.com. We have $2.80 PT which if reached, will make CVE:MMX worth $128.26M more.

More notable recent Maverix Metals Inc (CVE:MMX) news were published by: Prnewswire.com which released: “Maverix Metals Inc. Completes Acquisition of Royalty, Stream and Payment …” on July 11, 2016, also Prnewswire.com with their article: “Pan American Silver and MacMillan Minerals announce arrangement with Maverix …” published on April 19, 2016, Reuters.com published: “BRIEF-Pan American Silver and Macmillan Minerals announce arrangement with…” on April 19, 2016. More interesting news about Maverix Metals Inc (CVE:MMX) were released by: Stockhouse.com and their article: “IIROC Trade Resumption – Maverix Metals Inc.” published on June 11, 2012 as well as Stockhouse.com‘s news article titled: “Macmillan Minerals Shareholder’s Overwhelmingly Approve Plan of Arrangement” with publication date: June 22, 2016.

Maverix Metals Inc, formerly MacMillan Minerals Inc, is a Canada company, which focuses on acquiring and holding metals streams and royalties. The company has a market cap of $95.01 million. The Firm focuses on various assets, including La Colorada Mine Gold Stream, San Jose Mine Net Smelter Return Royalty, Moose River Project NSR, Shalipayco Project NSR, La Bolsa Project Gold Stream, Calcatreu Project NSR, Tres Cruces Project NSR, Pico Machay Project NSR, Taviche Este Project NSR, Quiruvilca Mine NSR, Jojoba Project NSR, Queylus Project NSR and Maria Cecilia Project NSR. It currently has negative earnings. The Company’s exploration properties include Cerro de Oro Project, Las Cucharas Project, La Union Targets, Nuevo Cucharas Target and La Violetta Project.

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