Maverix Announces Record Third Quarter 2020 Results

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[{"type":"text","content":"\n \n \n \n Maverix Announces Record Third Quarter 2020 Results\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prngen3{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 1pt solid; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prngen4{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 0pt; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prnpr6{\nPADDING-RIGHT:0.50em\n}\n.prnsblb0{\nBORDER-LEFT:black 0pt\n}\n.prnpl6{\nPADDING-LEFT:0.50em\n}\n.prnrbrb0{\nBORDER-RIGHT:black 0pt\n}\n.prnbcc{\nBORDER-TOP:0pt solid; BORDER-RIGHT:0pt solid; BORDER-COLLAPSE: COLLAPSE; BORDER-BOTTOM:0pt solid; BORDER-LEFT:0pt solid\n}\n.prnvat{\nVERTICAL-ALIGN: TOP\n}\n.prnsbtb0{\nBORDER-TOP:black 0pt\n}\n.prntal{\nTEXT-ALIGN: LEFT\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n VANCOUVER, BC, Nov. 13, 2020\n \n \n \n \n \n VANCOUVER, BC\n \n ,\n \n Nov. 13, 2020\n \n /CNW/ - Maverix Metals Inc. (\"Maverix\" or the \"Company\") (NYSE American: MMX) (TSX: MMX) is pleased to announce its operating and financial results for the third quarter ended\n \n September 30, 2020\n \n .\n \n \n \n \n \n \n \n \n \n All amounts are in U.S. dollars unless otherwise indicated.\n \n \n \n \n Third Quarter 2020 Highlights\n \n \n \n \n \n Record revenue of\n \n $14.9 million\n \n ;\n \n \n Record cash flow from operating activities, excluding changes in non-cash working capital, of\n \n $10.8 million\n \n \n 1\n \n ;\n \n \n Record total attributable gold equivalent ounces sold of 7,797\n \n 1\n \n ;\n \n \n Average cash cost per attributable gold equivalent ounce sold of\n \n $195\n \n , resulting in a cash operating margin of 90% or\n \n $1,710\n \n per ounce\n \n 1\n \n ;\n \n \n Record net income of\n \n $14.4 million\n \n and adjusted net income of\n \n $5.3 million\n \n \n...

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