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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (50289)10/16/2018 8:28:29 AM
From: Goose94Read Replies (2) of 203334
 
Maverix Metals (MMX-V) PI Financial analyst Justin Stevens rates Maverix Metals "buy."

Mr. Stevens says Maverix is in a strong position to benefit from long-term metal price appreciation as well as exploration success. Mr. Stevens targets the stock at $2.60. Analysts on average target the shares at $2.65. Mr. Stevens says in a note: "We believe Maverix's portfolio presents a 'sweet spot' in the precious metals royalty and streamer space: large enough to offer diversification of production across jurisdictions, operators, and production profiles, yet small enough to benefit materially from a positive event at even one its assets (discovery, expansion, extension, development).

Key reasons to own Maverix include: near-term growth of attributable metals production as the Hope Bay and Silvertip mines ramp-up production; exposure to several producing assets satisfying steady production over long mine-lives; potential to benefit from exploration-driven mine life extensions at several operations. ... We also see MMX's asset portfolio as offering diversity through exposure primarily to precious metals, but also to non-precious by-product production."
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