08:20 AM EST, 02/28/2022 (MT Newswires) -- Maverix Metals Inc. (MMX.TO), a gold-focused royalty and streaming company, on Monday provided its outlook for full-year 2022.
The company, which was up 3.4% at last look in US pre-market trading, said it expects 32,000 to 35,000 attributable ounces of gold equivalent at a 90% gross cash margin, with about 99% of expected revenue derived from gold and silver.
Maverix said it is also looking forward to organic growth within the portfolio from its 2% royalty interest at the newly commissioned Camino Rojo mine.
The company also welcomed the Centerra Gold Inc. (CG.TO)'s acquisition of the Goldfield project, where Maverix owns a 5% royalty on the Gemfield deposit.