Metalla Royalty & Streaming (CVE:MTA) Reaches New 12-Month High – What’s Next?

Metalla Royalty & Streaming Ltd. (CVE:MTA) reached a new 52-week high on Tuesday . The company traded as high as C$15.75 and last traded at C$15.75, with a volume of 16363 shares. The stock had previously closed at C$15.68.

Metalla Royalty & Streaming Price Performance

The company has a debt-to-equity ratio of 5.74, a current ratio of 4.50 and a quick ratio of 0.81. The firm has a market capitalization of C$1.49 billion, a PE ratio of -1,589.50 and a beta of 2.88. The company has a 50-day moving average price of C$11.25 and a 200-day moving average price of C$10.49.

Insider Activity

In other Metalla Royalty & Streaming news, insider Saurabh Handa sold 40,500 shares of the firm’s stock in a transaction dated Friday, August 21st. The shares were sold at an average price of C$15.37, for a total transaction of C$622,485.00. Following the sale, the insider directly owned 86,105 shares of the company’s stock, valued at C$1,323,433.85. This trade represents a 31.99% decrease in their position. 13.74% of the stock is owned by corporate 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. The company was formerly known as Excalibur Resources Ltd. and changed its name to Metalla Royalty & Streaming Ltd. in December 2016. The company was incorporated in 1983 and is headquartered in Vancouver, Canada.