Two Sigma Investments LP Grows Position in Metalla Royalty & Streaming Ltd. (NYSEMKT:MTA)

Two Sigma Investments LP raised its position in shares of Metalla Royalty & Streaming Ltd. (NYSEMKT:MTA - Free Report) by 58.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 232,409 shares of the company's stock after purchasing an additional 85,815 shares during the quarter. Two Sigma Investments LP owned 0.25% of Metalla Royalty & Streaming worth $583,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in MTA. U S Global Investors Inc. bought a new stake in shares of Metalla Royalty & Streaming during the fourth quarter valued at approximately $2,522,000. Merk Investments LLC raised its position in shares of Metalla Royalty & Streaming by 34.6% during the fourth quarter. Merk Investments LLC now owns 3,000,000 shares of the company's stock valued at $7,530,000 after buying an additional 771,189 shares during the last quarter. Sprott Inc. raised its position in shares of Metalla Royalty & Streaming by 2,927.3% during the fourth quarter. Sprott Inc. now owns 730,174 shares of the company's stock valued at $1,833,000 after buying an additional 706,054 shares during the last quarter. Marshall Wace LLP bought a new stake in shares of Metalla Royalty & Streaming during the fourth quarter valued at approximately $874,000. Finally, Renaissance Technologies LLC raised its position in shares of Metalla Royalty & Streaming by 200.3% during the fourth quarter. Renaissance Technologies LLC now owns 263,091 shares of the company's stock valued at $660,000 after buying an additional 175,491 shares during the last quarter. Hedge funds and other institutional investors own 17.82% of the company's stock.

Metalla Royalty & Streaming Trading Down 4.0%

MTA traded down $0.15 during trading hours on Wednesday, hitting $3.64. The company's stock had a trading volume of 524,022 shares, compared to its average volume of 293,426. The firm has a 50 day moving average of $3.05 and a 200-day moving average of $2.92. The firm has a market cap of $336.79 million, a PE ratio of -45.50 and a beta of 1.54.

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.