Metalla Royalty & Streaming (CVE:MTA) Raised to “Strong-Buy” at National Bank Financial

Metalla Royalty & Streaming (CVE:MTA) was upgraded by research analysts at National Bank Financial to a “strong-buy” rating in a report released on Monday, Zacks.com reports.

Separately, Canaccord Genuity Group raised shares of Metalla Royalty & Streaming to a “strong-buy” rating in a research note on Tuesday, October 1st.

Metalla Royalty & Streaming Price Performance

Shares of Metalla Royalty & Streaming stock opened at C$5.44 on Monday. The company has a market capitalization of C$499.12 million, a P/E ratio of -36.27 and a beta of 1.46. The company has a debt-to-equity ratio of 5.03, a current ratio of 0.81 and a quick ratio of 0.81. The business has a 50-day moving average of C$4.30 and a two-hundred day moving average of C$4.16. Metalla Royalty & Streaming has a 1 year low of C$3.13 and a 1 year high of C$5.62.

Metalla Royalty & Streaming (CVE:MTA) last announced its earnings results on Wednesday, August 14th. The company reported C($0.03) EPS for the quarter. Metalla Royalty & Streaming had a negative return on equity of 3.75% and a negative net margin of 150.82%. The company had revenue of C$1.20 million for the quarter, compared to analyst estimates of C$2.19 million. As a group, equities analysts predict that Metalla Royalty & Streaming will post 0.0351466 EPS for the current year.

Insider Activity at Metalla Royalty & Streaming

In other news, Director Alexander Molyneux bought 20,000 shares of the business’s stock in a transaction on Thursday, September 19th. The shares were purchased at an average price of C$4.35 per share, for a total transaction of C$87,000.00. In the last quarter, insiders have bought 29,400 shares of company stock valued at $130,863. 13.74% of the stock is owned by insiders.

About Metalla Royalty & Streaming

Metalla Royalty & Streaming Ltd., a precious metals royalty and streaming company, engages in the acquisition and management of gold, silver, copper royalties, streams, and related production-based interests in Canada. It operates in Australia, Argentina, Mexico, Canada, Tanzania, Ecuador, Peru, Chile, Brazil, Venezuela, and the United States.