Metalla Royalty & Streaming (CVE:MTA) Upgraded to Hold at Scotiabank

Scotiabank upgraded shares of Metalla Royalty & Streaming (CVE:MTA) to a hold rating in a research report sent to investors on Wednesday morning,Zacks.com reports.

Other analysts have also issued research reports about the company. Canaccord Genuity Group raised Metalla Royalty & Streaming to a “strong-buy” rating in a report on Tuesday, October 1st. National Bank Financial raised shares of Metalla Royalty & Streaming to a “strong-buy” rating in a research report on Monday, October 21st.

Metalla Royalty & Streaming Stock Down 1.1 %

MTA stock opened at C$3.89 on Wednesday. The stock has a market capitalization of C$356.91 million, a P/E ratio of -25.93 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. Metalla Royalty & Streaming has a 1-year low of C$3.13 and a 1-year high of C$5.62. The business has a fifty day moving average price of C$3.99 and a 200-day moving average price of C$4.18.

Insider Buying and Selling at Metalla Royalty & Streaming

In other news, Director Lawrence Roulston bought 7,500 shares of the firm’s stock in a transaction that occurred on Monday, December 9th. The shares were bought at an average cost of C$4.15 per share, for a total transaction of C$31,125.00. Also, Director James Beeby sold 18,500 shares of the firm’s stock in a transaction that occurred on Friday, December 27th. The shares were sold at an average price of C$3.68, for a total value of C$68,080.00. Insiders purchased a total of 16,118 shares of company stock valued at $72,188 in the last three months. 13.74% of the stock is currently owned by corporate insiders.

Metalla Royalty & Streaming Company Profile

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.