U S Global Investors Inc. Raises Holdings in Metalla Royalty & Streaming Ltd. $MTA

Key Points

• U S Global Investors Inc. raised its stake in Metalla Royalty & Streaming by 75.9% in Q4 to 1,432,510 shares (about 1.54% of the company), valued at roughly $11.15 million and making MTA its 23rd-largest holding.
• Analysts have a consensus rating of Moderate Buy with a $9.00 price target, compared with MTA's recent close of $6.77 and a 52‑week high of $9.25, indicating potential upside from current levels.
• Metalla is a Canada-based precious metals royalty and streaming company that finances miners via royalties and streams across gold, silver, copper, nickel and cobalt, providing exposure to mining upside without operational risk.

U S Global Investors Inc. boosted its stake in shares of Metalla Royalty & Streaming Ltd. (NYSEAMERICAN:MTA - Free Report) by 75.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,432,510 shares of the company's stock after acquiring an additional 617,923 shares during the quarter. Metalla Royalty & Streaming accounts for about 1.2% of U S Global Investors Inc.'s investment portfolio, making the stock its 23rd largest holding. U S Global Investors Inc. owned approximately 1.54% of Metalla Royalty & Streaming worth $11,145,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. CWM LLC purchased a new stake in Metalla Royalty & Streaming during the 3rd quarter valued at about $25,000. Wexford Capital LP purchased a new stake in Metalla Royalty & Streaming in the 3rd quarter worth approximately $41,000. JPMorgan Chase & Co. lifted its holdings in Metalla Royalty & Streaming by 42.1% in the 2nd quarter. JPMorgan Chase & Co. now owns 14,071 shares of the company's stock worth $54,000 after buying an additional 4,171 shares during the period. Cubist Systematic Strategies LLC purchased a new stake in Metalla Royalty & Streaming in the 1st quarter worth approximately $63,000. Finally, PFG Investments LLC purchased a new stake in Metalla Royalty & Streaming in the 3rd quarter worth approximately $68,000. 17.82% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, Scotiabank reiterated a "sector perform" rating on shares of Metalla Royalty & Streaming in a report on Monday, January 26th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat.com, Metalla Royalty & Streaming has a consensus rating of "Moderate Buy" and a consensus price target of $9.00.

Metalla Royalty & Streaming Trading Down 2.0%

NYSEAMERICAN MTA opened at $6.77 on Friday. Metalla Royalty & Streaming Ltd. has a fifty-two week low of $2.75 and a fifty-two week high of $9.25. The company has a debt-to-equity ratio of 0.05, a quick ratio of 2.41 and a current ratio of 2.41. The stock has a 50 day simple moving average of $7.46 and a two-hundred day simple moving average of $7.48. The stock has a market cap of $632.59 million, a P/E ratio of -135.40 and a beta of 1.38.

Metalla Royalty & Streaming Profile

Metalla Royalty & Streaming Ltd. is a Canada‐based precious metals royalty and streaming company focused on acquiring and managing royalties and streams on mineral properties. Headquartered in Vancouver, British Columbia, the firm provides financing to mining operators by purchasing royalty and stream interests that grant it a share of future metal production or revenues. These non‐dilutive arrangements enable Metalla to participate in the upside of mining projects without the operational risks associated with direct mine ownership.

The company’s portfolio spans a broad range of precious and battery metals, including gold, silver, copper, nickel and cobalt.

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