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.
Analyst Ratings Changes
Separately, BMO Capital Markets upgraded shares of Metalla Royalty & Streaming from a "market perform" rating to an "outperform" rating in a research note on Wednesday, June 25th.
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Metalla Royalty & Streaming Stock Up 0.7%
The firm's 50 day simple moving average is $3.89 and its 200 day simple moving average is $3.28. The company has a market capitalization of $399.76 million, a PE ratio of -54.00 and a beta of 1.44.
Institutional Trading of Metalla Royalty & Streaming
A number of large investors have recently made changes to their positions in the stock. Wolverine Trading LLC lifted its stake in Metalla Royalty & Streaming by 335.1% in the fourth quarter. Wolverine Trading LLC now owns 13,149 shares of the company's stock worth $33,000 after acquiring an additional 10,127 shares during the period. JPMorgan Chase & Co. boosted its position in Metalla Royalty & Streaming by 42.1% during the 2nd quarter. JPMorgan Chase & Co. now owns 14,071 shares of the company's stock valued at $54,000 after acquiring an additional 4,171 shares in the last quarter. Two Sigma Securities LLC boosted its position in Metalla Royalty & Streaming by 55.5% during the 4th quarter. Two Sigma Securities LLC now owns 15,841 shares of the company's stock valued at $40,000 after acquiring an additional 5,655 shares in the last quarter. Virtu Financial LLC bought a new stake in Metalla Royalty & Streaming during the 1st quarter valued at $49,000. Finally, Oxford Asset Management LLP bought a new stake in Metalla Royalty & Streaming during the 4th quarter valued at $44,000. 17.82% of the stock is owned by hedge funds and other institutional investors.
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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