- Maverix Metals released its Q1 results last month, reporting 12% revenue growth year-over-year on the back of higher sales and a stronger gold price.
- Maverix is currently tracking in line with its FY2022 guidance outlook and continues to have some of the best margins among its peer group at ~90%.
- While the outlook for Omolon is a little less certain following the Russia/Ukraine conflict, Maverix received a nice surprise this month after Orla announced plans to acquire Gold Standard.
- Maverix continues to be one of the better royalty names sector-wide, and while I don't see a low-risk buy point just yet, further weakness should present a buying opportunity.
For further details see:
Maverix Metals: Solid Q1 Results & Positive Recent Developments