National Bank Financial Estimates CVE:MTA FY2024 Earnings

Metalla Royalty & Streaming Ltd. (CVE:MTA) – Stock analysts at National Bank Financial issued their FY2024 earnings estimates for Metalla Royalty & Streaming in a report released on Monday, October 21st. National Bank Financial analyst S. Nagle forecasts that the company will earn ($0.06) per share for the year. National Bank Financial has a “Strong-Buy” rating on the stock. The consensus estimate for Metalla Royalty & Streaming’s current full-year earnings is $0.04 per share. National Bank Financial also issued estimates for Metalla Royalty & Streaming’s FY2025 earnings at $0.01 EPS, FY2026 earnings at $0.07 EPS and FY2027 earnings at $0.10 EPS.

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

Metalla Royalty & Streaming Stock Up 1.6 %

Shares of MTA opened at C$5.23 on Thursday. Metalla Royalty & Streaming has a 52-week low of C$3.13 and a 52-week high of C$5.62. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 5.03. The stock has a fifty day simple moving average of C$4.33 and a two-hundred day simple moving average of C$4.17. The company has a market capitalization of C$479.85 million, a PE ratio of -34.87 and a beta of 1.46.

Metalla Royalty & Streaming (CVE:MTA) last announced its quarterly earnings data on Wednesday, August 14th. The company reported C($0.03) earnings per share (EPS) for the quarter. The business had revenue of C$1.20 million for the quarter, compared to analysts’ expectations of C$2.19 million. Metalla Royalty & Streaming had a negative net margin of 150.82% and a negative return on equity of 3.75%.

Insider Buying and Selling at Metalla Royalty & Streaming

In other news, Director Alexander Molyneux acquired 20,000 shares of the business’s stock in a transaction that occurred on Thursday, September 19th. The shares were purchased at an average price of C$4.35 per share, for a total transaction of C$87,000.00. Insiders purchased a total of 32,400 shares of company stock worth $146,133 over the last three months. 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.