Insider Buying: Metalla Royalty & Streaming Ltd. (CVE:MTA) Director Buys 20,000 Shares of Stock

Metalla Royalty & Streaming Ltd. (CVE:MTA) Director Alexander Molyneux bought 20,000 shares of the stock in a transaction on Thursday, September 19th. The shares were bought at an average price of C$4.35 per share, with a total value of C$87,000.00.

Metalla Royalty & Streaming Price Performance

MTA stock traded up C$0.11 during mid-day trading on Thursday, reaching C$4.35. 27,660 shares of the company’s stock were exchanged, compared to its average volume of 43,095. The stock’s 50 day moving average is C$3.97 and its 200 day moving average is C$4.07. Metalla Royalty & Streaming Ltd. has a 12-month low of C$3.13 and a 12-month high of C$4.90. The company has a market cap of C$399.11 million, a price-to-earnings ratio of -28.73 and a beta of 1.46. The company has a debt-to-equity ratio of 5.03, a current ratio of 0.81 and a quick ratio of 0.81.

Metalla Royalty & Streaming (CVE:MTA) last posted its quarterly earnings results on Wednesday, August 14th. The company reported C($0.03) earnings per share for the quarter. The business 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%. On average, research analysts expect that Metalla Royalty & Streaming Ltd. will post 0.0351466 EPS for the current year.

Analyst Ratings Changes

Separately, Ventum Cap Mkts raised Metalla Royalty & Streaming to a “strong-buy” rating in a research report on Wednesday, May 29th.

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.