1,004,949 Shares in Metalla Royalty & Streaming Ltd. (NYSEMKT:MTA) Bought by U S Global Investors Inc.

U S Global Investors Inc. acquired a new stake in shares of Metalla Royalty & Streaming Ltd. (NYSEMKT:MTA) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,004,949 shares of the company’s stock, valued at approximately $2,522,000. U S Global Investors Inc. owned 1.09% of Metalla Royalty & Streaming at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of MTA. JPMorgan Chase & Co. purchased a new position in Metalla Royalty & Streaming during the third quarter valued at $31,000. Sentry Investment Management LLC purchased a new position in Metalla Royalty & Streaming in the 4th quarter worth approximately $49,000. DF Dent & Co. Inc. purchased a new stake in shares of Metalla Royalty & Streaming during the 3rd quarter valued at about $77,000. XTX Topco Ltd purchased a new stake in Metalla Royalty & Streaming in the third quarter worth approximately $129,000. Finally, Sprott Inc. boosted its stake in shares of Metalla Royalty & Streaming by 2,927.3% in the 4th quarter. Sprott Inc. now owns 730,174 shares of the company’s stock worth $1,833,000 after buying an additional 706,054 shares during the last quarter. Institutional investors own 17.82% of the company’s stock.

Metalla Royalty & Streaming Trading Down 3.1 %

NYSEMKT:MTA opened at $2.78 on Friday. The business has a 50-day moving average price of $2.82 and a 200 day moving average price of $3.04. The company has a market cap of $255.99 million, a P/E ratio of -34.75 and a beta of 1.63.

Analyst Upgrades and Downgrades

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

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.