|Bid||5.14 x 800|
|Ask||5.15 x 800|
|Day's Range||5.06 - 5.23|
|52 Week Range||2.51 - 5.75|
|Beta (5Y Monthly)||0.89|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.04 (0.78%)|
|Ex-Dividend Date||Aug 28, 2020|
|1y Target Est||N/A|
A look at the shareholders of Maverix Metals Inc. (TSE:MMX) can tell us which group is most powerful. Insiders often...
Newmont to Increase its Ownership in MaverixVANCOUVER, BC, Sept. 21, 2020 /CNW/ - Maverix Metals Inc.
Maverix Metals Inc. (the "Company" or "Maverix") (NYSE American: MMX) (TSX: MMX) is pleased to announce the closing of the previously announced transaction with Karora Resources Inc. ("Karora") to reduce the gold royalty on the Beta Hunt mine from 7.5% to 4.75% effective July 1, 2020 (the "Transaction"). The Transaction will allow both Maverix and Karora shareholders to benefit from a renewed focus on exploration, development and potential future production growth at the Beta Hunt mine. As consideration for the Transaction, Maverix will receive total consideration of US$18 million in cash, with US$15.5 million received on closing and an additional US$2.5 million to be paid in January 2021. The Company plans to use the proceeds to reduce the amount drawn under its revolving credit facility.