Analysts Set Expectations for CVE:MTA Q3 Earnings

Metalla Royalty & Streaming Ltd. (CVE:MTA) – Research analysts at National Bank Financial issued their Q3 2024 earnings estimates for shares of Metalla Royalty & Streaming in a note issued to investors on Tuesday, October 22nd. National Bank Financial analyst S. Nagle expects that the company will post earnings per share of $0.00 for the quarter. National Bank Financial currently has a “Strong-Buy” rating on the stock. The consensus estimate for Metalla Royalty & Streaming’s current full-year earnings is $0.04 per share.

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

Metalla Royalty & Streaming Stock Up 1.6 %

Shares of MTA opened at C$5.23 on Friday. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 5.03. The business has a fifty day moving average of C$4.33 and a 200 day moving average of C$4.17. The company has a market cap of C$479.85 million, a PE ratio of -34.87 and a beta of 1.46. Metalla Royalty & Streaming has a 52-week low of C$3.13 and a 52-week high of C$5.62.

Metalla Royalty & Streaming (CVE:MTA) last posted its quarterly earnings data on Wednesday, August 14th. The company reported C($0.03) earnings per share (EPS) for the quarter. The company had revenue of C$1.20 million during the quarter, compared to the consensus estimate of C$2.19 million. Metalla Royalty & Streaming had a negative net margin of 150.82% and a negative return on equity of 3.75%.

Insider Transactions at Metalla Royalty & Streaming

In other news, Director Alexander Molyneux acquired 20,000 shares of the company’s stock in a transaction that occurred 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. Over the last ninety days, insiders have purchased 32,400 shares of company stock worth $146,133. Insiders own 13.74% 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.