Brokers Offer Predictions for NYSEMKT:MTA Q4 Earnings

Metalla Royalty & Streaming Ltd. (NYSEMKT:MTA) – Equities researchers at National Bank Financial issued their Q4 2024 earnings estimates for Metalla Royalty & Streaming in a research report issued on Monday, February 10th. National Bank Financial analyst S. Nagle expects that the company will post earnings of ($0.01) per share for the quarter. National Bank Financial has a “Outperform” rating on the stock. The consensus estimate for Metalla Royalty & Streaming’s current full-year earnings is ($0.07) per share.

Separately, Scotiabank reiterated a “sector perform” rating and set a $4.50 price target on shares of Metalla Royalty & Streaming in a research report on Wednesday, January 15th.

Metalla Royalty & Streaming Price Performance

NYSEMKT:MTA opened at $3.26 on Wednesday. The company’s 50 day simple moving average is $2.74 and its 200-day simple moving average is $3.00. The firm has a market cap of $300.19 million, a PE ratio of -40.75 and a beta of 1.63.

Institutional Trading of Metalla Royalty & Streaming

A number of institutional investors and hedge funds have recently modified their holdings of MTA. U S Global Investors Inc. acquired a new position in Metalla Royalty & Streaming in the 4th quarter valued at $2,522,000. Sprott Inc. grew its holdings in shares of Metalla Royalty & Streaming by 2,927.3% during the fourth quarter. Sprott Inc. now owns 730,174 shares of the company’s stock worth $1,833,000 after buying an additional 706,054 shares in the last quarter. Euro Pacific Asset Management LLC grew its holdings in shares of Metalla Royalty & Streaming by 6.0% during the fourth quarter. Euro Pacific Asset Management LLC now owns 4,821,920 shares of the company’s stock worth $12,181,000 after buying an additional 270,960 shares in the last quarter. HighTower Advisors LLC raised its position in shares of Metalla Royalty & Streaming by 572.5% in the fourth quarter. HighTower Advisors LLC now owns 135,224 shares of the company’s stock valued at $339,000 after buying an additional 115,116 shares during the last quarter. Finally, XTX Topco Ltd purchased a new position in shares of Metalla Royalty & Streaming in the third quarter worth about $129,000. Hedge funds and other institutional investors own 17.82% of the company’s stock.

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.