Metalla Royalty & Streaming (CVE:MTA) Rating Increased to Hold at Scotiabank

Metalla Royalty & Streaming (CVE:MTA) was upgraded by investment analysts at Scotiabank to a “hold” rating in a research report issued to clients and investors on Wednesday,Zacks.com reports.

Several other equities analysts have also recently weighed in on the stock. National Bank Financial upgraded shares of Metalla Royalty & Streaming to a “strong-buy” rating in a research report on Monday, October 21st. 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

CVE MTA opened at C$3.89 on Wednesday. The company has a debt-to-equity ratio of 5.03, a quick ratio of 0.81 and a current ratio of 0.81. The stock has a market capitalization of C$356.91 million, a P/E ratio of -25.93 and a beta of 1.46. The business’s fifty day moving average is C$3.99 and its two-hundred day moving average is C$4.18. Metalla Royalty & Streaming has a 1 year low of C$3.13 and a 1 year high of C$5.62.

Insider Transactions at Metalla Royalty & Streaming

In other news, Director James Beeby sold 18,500 shares of Metalla Royalty & Streaming stock in a transaction dated Friday, December 27th. The stock was sold at an average price of C$3.68, for a total value of C$68,080.00. Also, Director Lawrence Roulston bought 7,500 shares of the firm’s stock in a transaction that occurred on Monday, December 9th. The shares were acquired at an average price of C$4.15 per share, with a total value of C$31,125.00. In the last quarter, insiders purchased 16,118 shares of company stock worth $72,188. 13.74% of the stock is owned by corporate insiders.

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.