Metalla Royalty & Streaming Ltd. (CVE:MTA - Get Free Report) was up 0.6% during trading on Wednesday . The company traded as high as C$5.26 and last traded at C$5.25. Approximately 12,847 shares changed hands during mid-day trading, a decline of 45% from the average daily volume of 23,310 shares. The stock had previously closed at C$5.22.
Analyst Ratings Changes
A number of research analysts have commented on MTA shares. Canaccord Genuity Group upped their target price on shares of Metalla Royalty & Streaming from C$7.75 to C$8.25 in a research report on Wednesday, June 11th. Ventum Cap Mkts upgraded shares of Metalla Royalty & Streaming to a "strong-buy" rating in a research note on Wednesday, May 14th. Finally, BMO Capital Markets upgraded shares of Metalla Royalty & Streaming from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, June 25th. One research analyst has rated the stock with a hold rating and four have issued a strong buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Strong Buy" and an average target price of C$8.25.
Check Out Our Latest Report on Metalla Royalty & Streaming
Metalla Royalty & Streaming Price Performance
The stock has a market capitalization of C$339.71 million, a price-to-earnings ratio of -15.16 and a beta of 1.46. The stock has a fifty day moving average of C$4.51 and a 200-day moving average of C$4.24. The company has a quick ratio of 0.81, a current ratio of 1.46 and a debt-to-equity ratio of 8.93.
Metalla Royalty & Streaming Company Profile
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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.
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