- Maverix Metals released its Q4 and FY2021 results this month, reporting quarterly sales of ~9,200 gold-equivalent ounces, translating to record revenue of ~$16.5 million.
- On a full-year basis, Maverix posted 11% growth in gold-equivalent ounce sales and revenue, and 2022 is will be a record year with Camino Rojo ramping up towards commercial production.
- While there some negative developments recently, the positives have more than outweighed the negatives, with multiple assets moving into stronger hands over the past year.
- Given Maverix's attractive jurisdictional profile and improving organic growth profile, I would view any pullbacks below US$4.60 as buying opportunities.
For further details see:
Maverix Metals: Another Record Year