Metalla Royalty & Streaming Ltd. (NYSEMKT:MTA – Free Report) – Analysts at National Bank Financial reduced their FY2025 earnings estimates for shares of Metalla Royalty & Streaming in a note issued to investors on Monday, February 10th. National Bank Financial analyst S. Nagle now expects that the company will earn ($0.03) per share for the year, down from their previous estimate of $0.01. National Bank Financial has a “Outperform” rating on the stock. The consensus estimate for Metalla Royalty & Streaming’s current full-year earnings is ($0.07) per share.
Separately, Scotiabank reiterated a “sector perform” rating and issued a $4.50 price target on shares of Metalla Royalty & Streaming in a research report on Wednesday, January 15th.
Metalla Royalty & Streaming Price Performance
MTA stock opened at $3.32 on Thursday. The company has a market cap of $305.71 million, a P/E ratio of -41.50 and a beta of 1.63. The stock’s 50 day moving average is $2.75 and its 200-day moving average is $3.01.
Institutional Investors Weigh In On Metalla Royalty & Streaming
Institutional investors and hedge funds have recently modified their holdings of the business. Euro Pacific Asset Management LLC grew its holdings in Metalla Royalty & Streaming by 6.0% in the 4th quarter. Euro Pacific Asset Management LLC now owns 4,821,920 shares of the company’s stock valued at $12,181,000 after buying an additional 270,960 shares during the last quarter. U S Global Investors Inc. bought a new position in shares of Metalla Royalty & Streaming during the 4th quarter worth approximately $2,522,000. Sprott Inc. boosted its stake in shares of Metalla Royalty & Streaming by 2,927.3% in the 4th quarter. Sprott Inc. now owns 730,174 shares of the company’s stock valued at $1,833,000 after purchasing an additional 706,054 shares in the last quarter. HighTower Advisors LLC boosted its position in Metalla Royalty & Streaming by 572.5% in the fourth quarter. HighTower Advisors LLC now owns 135,224 shares of the company’s stock valued at $339,000 after buying an additional 115,116 shares in the last quarter. Finally, XTX Topco Ltd bought a new stake in Metalla Royalty & Streaming during the 3rd quarter worth approximately $129,000. Institutional investors and hedge funds own 17.82% of the company’s stock.
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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