Business
Maverix Announces Third Quarter 2021 Results; Increases Guidance and Declares Quarterly Dividend
Maverix Announces Third Quarter 2021 Results; Increases Guidance and Declares Quarterly D...

About this update from Mustang Minerals Limited
[{"type":"text","content":"\n \n \n \n Maverix Announces Third Quarter 2021 Results; Increases Guidance and Declares Quarterly Dividend\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.prngen5{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; BORDER-BOTTOM:black 0pt; 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; BORDER-BOTTOM:black 1pt solid; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prngen6{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; BORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: LEFT; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prngen4{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; BORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prnsbb0{\nBORDER-BOTTOM:0pt\n}\n.prnmr10{\nMARGIN-RIGHT:0.83em\n}\n.prnpr6{\nPADDING-RIGHT:0.50em\n}\n.prnsbr0{\nBORDER-RIGHT:0pt\n}\n.prnsbl0{\nBORDER-LEFT:0pt\n}\n.prnsblb0{\nBORDER-LEFT:black 0pt\n}\n.prnrbrb0{\nBORDER-RIGHT:black 0pt\n}\n.prntal{\nTEXT-ALIGN: LEFT\n}\n.prnsbt0{\nBORDER-TOP:0pt\n}\n.prnsbtb0{\nBORDER-TOP:black 0pt\n}\n.prnmr4{\nMARGIN-RIGHT:0.33em\n}\n.prnvat{\nVERTICAL-ALIGN: TOP\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n.prnpl6{\nPADDING-LEFT:0.50em\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n All amounts are in U.S. dollars unless otherwise indicated.\n \n \n VANCOUVER, BC,\n \n Nov. 16, 2021\n \n /CNW/ - Maverix Metals Inc. (\"Maverix\" or the \"Company\") (NYSE American: MMX) (TSX: MMX) is pleased to announce operating and financial results for the third quarter ended\n \n September 30, 2021\n \n .\n \n \n \n \n \n \n \n \n \n \n \n Third Quarter 2021 Highlights\n \n \n \n \n \n Revenue of\n \n $13.7 million\n \n ;\n \n \n Gold equivalent ounces (\"GEOs\") sold of 7,671\n \n 1\n \n ;\n \n \n Average cash cost per GEO of\n \n $164\n \n , resulting in a cash operating margin of 91% or\n \n $1,616\n \n per GEO\n \n 1\n \n ;\n \n \n Cash flow from operating activities, excluding changes in ...