Metalla Royalty & Streaming (CVE:MTA) Trading 1.5% Higher – Still a Buy?

Shares of Metalla Royalty & Streaming Ltd. (CVE:MTA) shot up 1.5% on Monday . The stock traded as high as C$4.82 and last traded at C$4.69. 33,815 shares were traded during trading, an increase of 63% from the average session volume of 20,801 shares. The stock had previously closed at C$4.62.

Analysts Set New Price Targets

Several research firms have recently weighed in on MTA. Scotiabank raised Metalla Royalty & Streaming to a “hold” rating in a report on Wednesday, January 15th. National Bank Financial raised Metalla Royalty & Streaming to a “strong-buy” rating in a research note on Monday, October 21st.

Metalla Royalty & Streaming Trading Up 1.5 %

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 stock has a market capitalization of C$430.31 million, a PE ratio of -31.27 and a beta of 1.46. The business’s 50-day moving average is C$3.93 and its two-hundred day moving average is C$4.18.

Insider Buying and Selling at Metalla Royalty & Streaming

In other news, Director James Beeby sold 18,500 shares of the business’s stock in a transaction that occurred on Friday, December 27th. The stock was sold at an average price of C$3.68, for a total transaction of C$68,080.00. Also, Director Lawrence Roulston acquired 7,500 shares of the firm’s stock in a transaction dated Monday, December 9th. The stock was bought at an average price of C$4.15 per share, with a total value of C$31,125.00. 13.74% of the stock is currently owned by corporate insiders.

Metalla Royalty & Streaming Company 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.