Metalla Royalty & Streaming FY2027 EPS Lifted by Scotiabank

Metalla Royalty & Streaming Ltd. (NYSEAMERICAN:MTAFree Report) – Equities research analysts at Scotiabank boosted their FY2027 earnings per share estimates for Metalla Royalty & Streaming in a research report issued on Tuesday, August 4th. Scotiabank analyst O. Habib now anticipates that the company will post earnings of $0.16 per share for the year, up from their prior forecast of $0.15. Scotiabank currently has a “Sector Perform” rating and a $8.50 price target on the stock. The consensus estimate for Metalla Royalty & Streaming’s current full-year earnings is $0.06 per share.

Metalla Royalty & Streaming Stock Up 6.9%

Metalla Royalty & Streaming stock opened at $8.39 on Thursday. The firm has a 50 day moving average price of $7.40 and a two-hundred day moving average price of $7.44. The company has a debt-to-equity ratio of 0.05, a quick ratio of 3.45 and a current ratio of 3.45. Metalla Royalty & Streaming has a 52-week low of $4.09 and a 52-week high of $9.25. The firm has a market cap of $784.47 million, a price-to-earnings ratio of -209.75 and a beta of 1.35.

Institutional Trading of Metalla Royalty & Streaming

A number of large investors have recently bought and sold shares of the business. Global Strategic Management Inc. bought a new position in shares of Metalla Royalty & Streaming during the 4th quarter worth approximately $16,183,000. Mackenzie Financial Corp boosted its stake in Metalla Royalty & Streaming by 1,657.8% during the fourth quarter. Mackenzie Financial Corp now owns 731,231 shares of the company’s stock worth $5,557,000 after acquiring an additional 689,631 shares in the last quarter. Sprott Inc. increased its stake in Metalla Royalty & Streaming by 91.8% in the fourth quarter. Sprott Inc. now owns 1,415,520 shares of the company’s stock valued at $11,013,000 after purchasing an additional 677,311 shares in the last quarter. U S Global Investors Inc. boosted its position in shares of Metalla Royalty & Streaming by 75.9% during the 4th quarter. U S Global Investors Inc. now owns 1,432,510 shares of the company’s stock worth $11,145,000 after purchasing an additional 617,923 shares in the last quarter. Finally, Tudor Investment Corp ET AL boosted its position in shares of Metalla Royalty & Streaming by 2,106.0% during the 4th quarter. Tudor Investment Corp ET AL now owns 387,567 shares of the company’s stock worth $3,015,000 after purchasing an additional 369,998 shares in the last quarter. 17.82% of the stock is currently owned by institutional investors and hedge funds.

Metalla Royalty & Streaming Company Profile

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Metalla Royalty & Streaming Ltd. is a Canada‐based precious metals royalty and streaming company focused on acquiring and managing royalties and streams on mineral properties. Headquartered in Vancouver, British Columbia, the firm provides financing to mining operators by purchasing royalty and stream interests that grant it a share of future metal production or revenues. These non‐dilutive arrangements enable Metalla to participate in the upside of mining projects without the operational risks associated with direct mine ownership.

The company’s portfolio spans a broad range of precious and battery metals, including gold, silver, copper, nickel and cobalt.

See Also

Earnings History and Estimates for Metalla Royalty & Streaming (NYSEAMERICAN:MTA)

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