Insider Buying: Metalla Royalty & Streaming Ltd. (CVE:MTA) Director Acquires 5,000 Shares of Stock

Metalla Royalty & Streaming Ltd. (CVE:MTA) Director Lawrence Roulston bought 5,000 shares of Metalla Royalty & Streaming stock in a transaction dated Friday, October 18th. The stock was purchased at an average price of C$4.93 per share, with a total value of C$24,650.00.

Lawrence Roulston also recently made the following trade(s):

• On Friday, October 4th, Lawrence Roulston bought 1,500 shares of Metalla Royalty & Streaming stock. The stock was purchased at an average price of C$4.40 per share, with a total value of C$6,592.50.

Metalla Royalty & Streaming Stock Performance

Shares of MTA stock traded up C$0.15 during mid-day trading on Monday, hitting C$5.44. The stock had a trading volume of 48,018 shares, compared to its average volume of 41,689. The company has a debt-to-equity ratio of 5.03, a current ratio of 0.81 and a quick ratio of 0.81. Metalla Royalty & Streaming Ltd. has a fifty-two week low of C$3.13 and a fifty-two week high of C$5.45. The company’s 50-day simple moving average is C$4.27 and its 200-day simple moving average is C$4.16. The firm has a market cap of C$499.12 million, a PE ratio of -36.27 and a beta of 1.46.

Metalla Royalty & Streaming (CVE:MTA) last announced its quarterly earnings data on Wednesday, August 14th. The company reported C($0.03) EPS for the quarter. Metalla Royalty & Streaming had a negative net margin of 150.82% and a negative return on equity of 3.75%. The company had revenue of C$1.20 million during the quarter, compared to analyst estimates of C$2.19 million. Sell-side analysts anticipate that Metalla Royalty & Streaming Ltd. will post 0.0351466 earnings per share for the current year.

Analysts Set New Price Targets

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

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.