viewMaverix Metals Inc

Maverix Metals moves to the big exchanges in Toronto and New York

The royalty and streaming company's shares will commence trading on the NYSE American and Toronto Stock Exchange on June 25

The company, valued at nearly C$600 million market capitalization, has seen its shares rise 18.6% over the past six months

Maverix Metals Inc (CVE:MMX) is moving up to the big boards in Toronto and New York.

The Vancouver-based junior mining company announced Thursday that its shares had been approved for listing on both the NYSE American and Toronto Stock Exchange. Both ticker symbols will be “MMX” and shares are expected to commence trading as of market open on June 25.

Shares of Maverix closed on the TSX Venture Exchange at C$5.55 on Thursday.

READ: Maverix Metals Inc applies to list on NYSE American exchange

The company, valued at nearly C$600 million market capitalization, has seen its shares rise 18.6% over the past six months.

Maverix also informed investors that it expects to delist its shares from both the OTCQX and TSX Venture Exchange markets.

In a statement, the company told shareholders it recommends that holders who bought their shares on the two aforementioned exchanges “monitor their institution or brokerage account to ensure their holdings are correctly reflected in respect of the listing on the NYSE American and TSX.”

Maverix Metals currently has a portfolio of 79 royalties and streams, of which 12 are producing mines.

The company said recently that it remains well-positioned to achieve its current production guidance of 22,500 and 24,500 ounces of gold for 2019.

Contact Angela at [email protected]

Follow her on Twitter @AHarmantas

Quick facts: Maverix Metals Inc

Price: 6.63 CAD

Market: TSX
Market Cap: $792.29 m

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Maverix Metals Inc named herein, including the promotion by the Company of Maverix Metals Inc in any Content on the Site, the Company receives...



Full interview: Maverix Metals sees strong Q3 numbers and offers dividend

Maverix Metals (CVE: MMX) Chief Financial Officer Matt Fargey sat down with Steve Darling from Proactive Vancouver to discuss the company releasing their 3rd quarter financial numbers. Fargey telling Proactive how strong the numbers were and also their record cash flow. Fargey also talked...

on 11/14/2019

2 min read