Metalla Royalty & Streaming (NYSEMKT:MTA) Stock Rating Upgraded by BMO Capital Markets

Metalla Royalty & Streaming (NYSEMKT:MTA - Get Free Report) was upgraded by research analysts at BMO Capital Markets from a "market perform" rating to an "outperform" rating in a report released on Wednesday,Finviz reports.

Metalla Royalty & Streaming Stock Performance

MTA opened at $3.61 on Wednesday. The stock's 50 day moving average price is $3.20 and its 200 day moving average price is $2.96. The firm has a market capitalization of $334.02 million, a price-to-earnings ratio of -45.13 and a beta of 1.54.

Hedge Funds Weigh In On Metalla Royalty & Streaming

A number of large investors have recently modified their holdings of the business. Two Sigma Advisers LP grew its position in Metalla Royalty & Streaming by 24.7% during the fourth quarter. Two Sigma Advisers LP now owns 27,300 shares of the company's stock worth $69,000 after buying an additional 5,400 shares during the period. Two Sigma Securities LLC grew its holdings in shares of Metalla Royalty & Streaming by 55.5% in the 4th quarter. Two Sigma Securities LLC now owns 15,841 shares of the company's stock worth $40,000 after acquiring an additional 5,655 shares during the period. Jane Street Group LLC grew its holdings in shares of Metalla Royalty & Streaming by 30.5% in the 1st quarter. Jane Street Group LLC now owns 25,846 shares of the company's stock worth $74,000 after acquiring an additional 6,040 shares during the period. Wolverine Trading LLC increased its stake in Metalla Royalty & Streaming by 335.1% in the 4th quarter. Wolverine Trading LLC now owns 13,149 shares of the company's stock valued at $33,000 after purchasing an additional 10,127 shares in the last quarter. Finally, Virtu Financial LLC acquired a new position in Metalla Royalty & Streaming during the first quarter worth $49,000. 17.82% of the stock is owned by hedge funds and other institutional investors.

About Metalla Royalty & Streaming

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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