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Averix announces first quarter 2022 results and declares quarterly dividend

From maverixmetals.com

Maverix Metals Inc. (“Maverix” or the “Company”) (NYSE American & TSX: MMX) is pleased to announce operating and financial results for the first quarter ended March 31, 2022. First Quarter 2022 Highlights • Revenue of $14.7 million; • Gold equivalent ounces (“GEOs”) sold of 7,7381 ; • Cash flow from operating activities of $8.0 million; • Cash flow from operating activities, excluding changes in non-cash working capital, of $10.5 million1 ; • Average cash cost per GEO of $190, resulting in a cash operating margin of 90% or $1,704 per ounce1 ; • Net income of $3.5 million, or $0.02 per share; • Adjusted net income of ... (full story)

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  • Category: Fundamental Analysis