Metalla Royalty & Streaming (CVE:MTA) Upgraded at National Bank Financial

National Bank Financial upgraded shares of Metalla Royalty & Streaming (CVE:MTA) to a strong-buy rating in a research note issued to investors on Monday, Zacks.com reports.

Separately, Canaccord Genuity Group raised Metalla Royalty & Streaming to a “strong-buy” rating in a research note on Tuesday, October 1st.

Metalla Royalty & Streaming Stock Down 5.3 %

Shares of MTA opened at C$5.15 on Monday. Metalla Royalty & Streaming has a 12-month low of C$3.13 and a 12-month high of C$5.62. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 5.03. The company has a market capitalization of C$472.51 million, a PE ratio of -34.33 and a beta of 1.46. The business’s 50 day moving average is C$4.33 and its 200 day moving average is C$4.17.

Metalla Royalty & Streaming (CVE:MTA) last released its earnings results on Wednesday, August 14th. The company reported C($0.03) EPS for the quarter. Metalla Royalty & Streaming had a negative return on equity of 3.75% and a negative net margin of 150.82%. The company had revenue of C$1.20 million during the quarter, compared to analysts’ expectations of C$2.19 million. Research analysts expect that Metalla Royalty & Streaming will post 0.0351466 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Metalla Royalty & Streaming news, Director Alexander Molyneux purchased 20,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 19th. The stock was purchased at an average cost of C$4.35 per share, with a total value of C$87,000.00. Insiders bought a total of 29,400 shares of company stock valued at $130,863 over the last 90 days. Insiders own 13.74% 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.