National Bank Financial Estimates NYSEMKT:MTA Q3 Earnings

Metalla Royalty & Streaming Ltd. (NYSEMKT:MTA) – Stock analysts at National Bank Financial issued their Q3 2024 EPS estimates for Metalla Royalty & Streaming in a research report issued on Tuesday, October 22nd. National Bank Financial analyst S. Nagle anticipates that the company will post earnings of $0.00 per share for the quarter. National Bank Financial currently has a “Outperform” rating on the stock. The consensus estimate for Metalla Royalty & Streaming’s current full-year earnings is ($0.08) per share.

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

Metalla Royalty & Streaming Price Performance

Shares of NYSEMKT MTA opened at $3.84 on Friday. The business’s 50-day simple moving average is $3.21 and its 200-day simple moving average is $3.06. The stock has a market cap of $352.01 million, a P/E ratio of -34.45 and a beta of 1.68.

Institutional Investors Weigh In On Metalla Royalty & Streaming

A number of institutional investors and hedge funds have recently bought and sold shares of MTA. Van ECK Associates Corp lifted its stake in Metalla Royalty & Streaming by 20.0% in the first quarter. Van ECK Associates Corp now owns 4,502,603 shares of the company’s stock valued at $14,003,000 after buying an additional 750,503 shares during the last quarter. Merk Investments LLC grew its position in shares of Metalla Royalty & Streaming by 125.0% during the second quarter. Merk Investments LLC now owns 450,000 shares of the company’s stock worth $1,251,000 after acquiring an additional 250,000 shares during the last quarter. Renaissance Technologies LLC acquired a new position in shares of Metalla Royalty & Streaming in the 2nd quarter valued at $234,000. Rathbones Group PLC purchased a new stake in Metalla Royalty & Streaming in the 2nd quarter valued at $92,000. Finally, Sunbelt Securities Inc. acquired a new stake in Metalla Royalty & Streaming during the 1st quarter worth $52,000. 17.82% of the stock is owned by hedge funds and other institutional investors.

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.