National Bank Financial Weighs in on NYSEMKT:MTA Q3 Earnings

Metalla Royalty & Streaming Ltd. (NYSEMKT:MTA) – 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 earn $0.00 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 ($0.08) 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 0.8 %

Shares of NYSEMKT:MTA opened at $3.79 on Friday. The stock has a fifty day moving average of $3.19 and a 200 day moving average of $3.05.

Institutional Trading of Metalla Royalty & Streaming

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Van ECK Associates Corp lifted its stake in Metalla Royalty & Streaming by 20.0% during the first quarter. Van ECK Associates Corp now owns 4,502,603 shares of the company’s stock valued at $14,003,000 after purchasing an additional 750,503 shares during the last quarter. Merk Investments LLC lifted its stake in Metalla Royalty & Streaming by 125.0% during the second quarter. Merk Investments LLC now owns 450,000 shares of the company’s stock valued at $1,251,000 after purchasing an additional 250,000 shares during the last quarter. Renaissance Technologies LLC acquired a new stake in Metalla Royalty & Streaming during the second quarter valued at approximately $234,000. Sunbelt Securities Inc. acquired a new stake in Metalla Royalty & Streaming during the first quarter valued at approximately $52,000. Finally, Rathbones Group PLC acquired a new stake in Metalla Royalty & Streaming during the second quarter valued at approximately $92,000. 17.82% of the stock is owned by institutional investors and hedge funds.

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.