Metalla Royalty & Streaming Ltd. (NYSEMKT:MTA – Free Report) – Investment analysts at Ventum Cap Mkts increased their FY2026 EPS estimates for shares of Metalla Royalty & Streaming in a report issued on Tuesday, December 3rd. Ventum Cap Mkts analyst A. Terentiew now anticipates that the company will earn $0.01 per share for the year, up from their previous forecast of ($0.02). The consensus estimate for Metalla Royalty & Streaming’s current full-year earnings is ($0.07) per share. Ventum Cap Mkts also issued estimates for Metalla Royalty & Streaming’s FY2027 earnings at $0.04 EPS.
Several other research analysts have also commented on the stock. National Bank Financial began coverage on shares of Metalla Royalty & Streaming in a report on Tuesday, October 22nd. They issued an “outperform” rating on the stock. Canaccord Genuity Group upgraded shares of Metalla Royalty & Streaming to a “strong-buy” rating in a research note on Tuesday, October 1st.
Metalla Royalty & Streaming Price Performance
NYSEMKT MTA opened at $2.73 on Friday. The firm has a 50 day simple moving average of $3.34 and a 200 day simple moving average of $3.10. The stock has a market capitalization of $250.77 million, a price-to-earnings ratio of -35.88 and a beta of 1.59.
Institutional Trading of Metalla Royalty & Streaming
A number of hedge funds have recently made changes to their positions in MTA. Merk Investments LLC boosted its holdings in Metalla Royalty & Streaming by 125.0% in the second quarter. Merk Investments LLC now owns 450,000 shares of the company’s stock worth $1,251,000 after purchasing an additional 250,000 shares during the period. Euro Pacific Asset Management LLC boosted its holdings in Metalla Royalty & Streaming by 3.0% in the third quarter. Euro Pacific Asset Management LLC now owns 4,550,960 shares of the company’s stock worth $14,038,000 after purchasing an additional 132,131 shares during the period. Renaissance Technologies LLC acquired a new position in Metalla Royalty & Streaming in the second quarter worth $234,000. XTX Topco Ltd acquired a new position in Metalla Royalty & Streaming in the third quarter worth $129,000. Finally, Rathbones Group PLC acquired a new position in Metalla Royalty & Streaming in the second quarter worth $92,000. Institutional investors and hedge funds own 17.82% 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.
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