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Bullboard - Stock Discussion Forum Maverix Metals Inc. T.MMX

Metals & Mining Industrial Metals & Minerals
Maverix Metals Inc is a precious metals royalty and streaming company. It offers a mining-related investment that provides exposure to metal price appreciation, and exploration and expansion potential, but without the risks associated with ongoing capital costs, operating costs, and environmental liabilities. The company holds interests in various properties such as La Colorada, San Jose, Mt... see more

TSX:MMX - Post Discussion

Maverix Metals Inc. > Bad news coming
View:
Post by arh0070 on Oct 31, 2019 7:40pm

Bad news coming

Pretty obvious bad news is coming ,rising price of gold and rapidly falling stock price .Way underperforming my other royalty stocks .
Comment by BoyPlunger6 on Nov 01, 2019 2:20pm
I don't think so, it's just a very thinly traded stock. Any fluction in the price of gold can have a dramatic effect.
Comment by Shylockreturns on Nov 01, 2019 4:51pm
BoyPlunger6 - My gut feeling is that there is something more negative going on here than we know.  The bloom is certainly off the rose with this one or at least it would appear that to be the case.  Despite a very vigorous upmove in gold this past week back, especially yesterday over $1,500 the ounce, MMX has continued falling, even hitting the high $4s yesterday.  How the mighty ...more  
Maverix Metals Inc.
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