Brokers Offer Predictions for CVE:MTA Q3 Earnings

Metalla Royalty & Streaming Ltd. (CVE:MTA) – Research analysts at National Bank Financial issued their Q3 2024 earnings per share (EPS) estimates for Metalla Royalty & Streaming in a research note issued to investors on Tuesday, October 22nd. National Bank Financial analyst S. Nagle expects that the company will earn $0.00 per share for the quarter. National Bank Financial currently 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.

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

Metalla Royalty & Streaming Stock Up 1.0 %

Shares of CVE MTA opened at C$5.28 on Friday. The stock has a market capitalization of C$484.44 million, a price-to-earnings ratio of -35.20 and a beta of 1.46. 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 firm’s 50-day moving average price is C$4.36 and its 200-day moving average price is C$4.18.

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

Insider Transactions at Metalla Royalty & Streaming

In related news, Director Alexander Molyneux purchased 20,000 shares of the business’s stock in a transaction dated Thursday, September 19th. The shares were purchased at an average cost of C$4.35 per share, for a total transaction of C$87,000.00. Over the last ninety days, insiders acquired 32,400 shares of company stock worth $146,133. 13.74% of the stock is currently owned by 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.