Shares of Metalla Royalty & Streaming Ltd. (NYSEMKT:MTA - Get Free Report) shot up 0.7% during mid-day trading on Thursday . The company traded as high as $4.23 and last traded at $4.23. 244,166 shares traded hands during trading, a decline of 17% from the average session volume of 293,426 shares. The stock had previously closed at $4.20.
Wall Street Analyst Weigh In
Separately, BMO Capital Markets raised Metalla Royalty & Streaming from a "market perform" rating to an "outperform" rating in a research report on Wednesday, June 25th.
Check Out Our Latest Research Report on MTA
Metalla Royalty & Streaming Trading Down 1.4%
The stock has a market capitalization of $385.88 million, a PE ratio of -52.13 and a beta of 1.44. The business has a fifty day moving average price of $3.84 and a 200-day moving average price of $3.26.
Institutional Investors Weigh In On Metalla Royalty & Streaming
Several institutional investors have recently bought and sold shares of the stock. Stonehage Fleming Financial Services Holdings Ltd boosted its position in Metalla Royalty & Streaming by 95.2% during the 2nd quarter. Stonehage Fleming Financial Services Holdings Ltd now owns 20,490 shares of the company's stock valued at $79,000 after buying an additional 9,993 shares during the period. Euro Pacific Asset Management LLC raised its stake in shares of Metalla Royalty & Streaming by 11.8% during the second quarter. Euro Pacific Asset Management LLC now owns 5,657,905 shares of the company's stock valued at $21,720,000 after acquiring an additional 596,472 shares during the last quarter. Jane Street Group LLC boosted its holdings in shares of Metalla Royalty & Streaming by 30.5% during the first quarter. Jane Street Group LLC now owns 25,846 shares of the company's stock worth $74,000 after purchasing an additional 6,040 shares during the period. Cubist Systematic Strategies LLC purchased a new stake in shares of Metalla Royalty & Streaming during the first quarter worth about $63,000. Finally, Virtu Financial LLC bought a new stake in shares of Metalla Royalty & Streaming in the first quarter worth about $49,000. 17.82% of the stock is currently owned by hedge funds and other institutional investors.
About Metalla Royalty & Streaming
(
Get Free Report)
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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