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To: Goose94 who wrote (52164)11/26/2018 9:03:10 AM
From: Goose94Read Replies (1) | Respond to of 203330
 
Maverix Metals (MMX-V) Raymond James analyst Brian MacArthur raised his financial expectations and target price for shares of Maverix Metals following record third quarter results and with the expectation it will exceed management's fiscal 2018 production guidance.

Mr. MacArthur continues to rate the shares "outperform." Mr. MacArthur increased his share target for the Vancouver-based company to $2.60 from $2.50. Analysts on average target the shares at $2.79. Mr. MacArthur says in a note: "Given its small market capitalization and low trading liquidity, Maverix may not be a suitable investment for all investors. However, for small cap investors, we believe Maverix offers a gold-focused royalty/streaming company with gold equivalent growth as well as a flexible balance sheet."