Metalla Royalty & Streaming (CVE:MTA) Stock Price Up 3.8% – What’s Next?

Shares of Metalla Royalty & Streaming Ltd. (CVE:MTA) shot up 3.8% during trading on Thursday . The company traded as high as C$4.42 and last traded at C$4.40. 8,836 shares were traded during mid-day trading, a decline of 53% from the average session volume of 18,827 shares. The stock had previously closed at C$4.24.

Wall Street Analyst Weigh In

Separately, Scotiabank upgraded shares of Metalla Royalty & Streaming to a “hold” rating in a research report on Wednesday, January 15th.

Metalla Royalty & Streaming Price Performance

The firm has a market capitalization of C$275.00 million, a PE ratio of -12.28 and a beta of 1.46. The company has a debt-to-equity ratio of 8.93, a current ratio of 1.46 and a quick ratio of 0.81. The firm has a 50-day simple moving average of C$4.24 and a 200-day simple moving average of C$4.29.

Metalla Royalty & Streaming Company Profile

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.