Maverix Metals increases revenue quarter over quarter by 41 percent, increases dividend by 25%
Maverix Metals (NYSE American: MMX – TSE: MMX) Chief Financial Officer Matt Fargey joined Steve Darling from Proactive to bring news the company has released their first quarter financial numbers that include Revenue of $13.1 million, Cash flow from operating activities of $9.0 million and gold equivalent ounces sold of 7,302.
The company also received a cash payment of $50 million from Agnico Eagle Mines for the partial buy back of 1.5% of Maverix’s royalty on the Hope Bay mine. Fargey discusses the numbers and he also talked about the company’s dividend which rose by 25%
Story by ProactiveInvestors
Source: http://www.proactiveinvestors.com/companies/news/950131/maverix-metals-increases-revenue-quarter-over-quarter-by-41-percent-increases-dividend-by-25-950131.html
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