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Maverix Metals increases revenue quarter over quarter by 41 percent, increases dividend by 25%

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%

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