Metalla Royalty & Streaming (CVE:MTA - Get Free Report) was upgraded by analysts at Canaccord Genuity Group to a "strong-buy" rating in a report issued on Tuesday, Zacks.com reports.
Metalla Royalty & Streaming stock opened at C$4.42 on Tuesday. The company has a debt-to-equity ratio of 5.03, a current ratio of 0.81 and a quick ratio of 0.81. Metalla Royalty & Streaming has a 12 month low of C$3.13 and a 12 month high of C$4.90. The company has a market cap of C$405.54 million, a price-to-earnings ratio of -29.47 and a beta of 1.46. The stock's 50-day moving average is C$4.01 and its 200-day moving average is C$4.10.
Metalla Royalty & Streaming (CVE:MTA - Get Free Report) last announced its quarterly earnings results on Wednesday, August 14th. The company reported C($0.03) earnings per share for the quarter. Metalla Royalty & Streaming had a negative net margin of 150.82% and a negative return on equity of 3.75%. The business had revenue of C$1.20 million for the quarter, compared to analyst estimates of C$2.19 million. Equities analysts anticipate that Metalla Royalty & Streaming will post 0.0351466 earnings per share for the current year.
Insider Activity at Metalla Royalty & Streaming
In related news, Director Alexander Molyneux acquired 20,000 shares of Metalla Royalty & Streaming stock in a transaction on Thursday, September 19th. The shares were bought at an average price of C$4.35 per share, for a total transaction of C$87,000.00. 13.73% of the stock is owned by insiders.
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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