Jane Street Group LLC Has $125,000 Holdings in Metalla Royalty & Streaming Ltd. (NYSEMKT:MTA)

Jane Street Group LLC lessened its holdings in shares of Metalla Royalty & Streaming Ltd. (NYSEMKT:MTA) by 15.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 40,555 shares of the company’s stock after selling 7,686 shares during the quarter. Jane Street Group LLC’s holdings in Metalla Royalty & Streaming were worth $125,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in MTA. Rathbones Group PLC acquired a new stake in Metalla Royalty & Streaming during the second quarter worth approximately $92,000. Renaissance Technologies LLC bought a new position in shares of Metalla Royalty & Streaming in the 2nd quarter valued at $234,000. Merk Investments LLC lifted its stake in shares of Metalla Royalty & Streaming by 125.0% in the 2nd quarter. Merk Investments LLC now owns 450,000 shares of the company’s stock valued at $1,251,000 after acquiring an additional 250,000 shares during the last quarter. Finally, Euro Pacific Asset Management LLC increased 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 valued at $14,038,000 after purchasing an additional 132,131 shares during the period. Institutional investors and hedge funds own 17.82% of the company’s stock.

Metalla Royalty & Streaming Trading Down 3.4 %

NYSEMKT MTA opened at $2.53 on Tuesday. The company’s 50-day simple moving average is $2.86 and its 200-day simple moving average is $3.02. The stock has a market capitalization of $232.95 million, a price-to-earnings ratio of -31.63 and a beta of 1.62.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on MTA. Canaccord Genuity Group upgraded Metalla Royalty & Streaming to a “strong-buy” rating in a report on Tuesday, October 1st. National Bank Financial assumed coverage on shares of Metalla Royalty & Streaming in a research report on Tuesday, October 22nd. They issued an “outperform” rating on the stock.

Metalla Royalty & Streaming Profile

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.