 Canaccord Genuity has initiated a Buy rating on Maverix Metals Inc TSE:MMX NYSEAMERICAN:MMX FRA:7781 with a C8 price target. The analyst firm noted that it estimates that the precious metal-focused royalty company -- with a portfolio of over 100 royalties and streams in various stages from exploration to production -- will generate 52 million in revenue in 2021 at a roughly 90 operating margin. 