Jane Street Group LLC Reduces Stock Position in Metalla Royalty & Streaming Ltd. (NYSEMKT:MTA)

Jane Street Group LLC lowered its stake in Metalla Royalty & Streaming Ltd. (NYSEMKT:MTAFree Report) by 15.9% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 40,555 shares of the company’s stock after selling 7,686 shares during the quarter. Jane Street Group LLC’s holdings in Metalla Royalty & Streaming were worth $125,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of MTA. Euro Pacific Asset Management LLC lifted its stake in shares of Metalla Royalty & Streaming by 3.0% during the 3rd quarter. Euro Pacific Asset Management LLC now owns 4,550,960 shares of the company’s stock valued at $14,038,000 after buying an additional 132,131 shares in the last quarter. Merk Investments LLC increased its holdings in shares of Metalla Royalty & Streaming by 125.0% in the 2nd quarter. Merk Investments LLC now owns 450,000 shares of the company’s stock worth $1,251,000 after buying an additional 250,000 shares during the last quarter. Renaissance Technologies LLC bought a new stake in shares of Metalla Royalty & Streaming in the 2nd quarter worth about $234,000. Finally, Rathbones Group PLC bought a new stake in shares of Metalla Royalty & Streaming in the 2nd quarter worth about $92,000. Hedge funds and other institutional investors own 17.82% of the company’s stock.

Metalla Royalty & Streaming Stock Performance

NYSEMKT MTA opened at $2.53 on Tuesday. The company has a market cap of $232.95 million, a price-to-earnings ratio of -31.63 and a beta of 1.62. The stock’s 50 day moving average price is $2.86 and its 200 day moving average price is $3.02.

Wall Street Analyst Weigh In

Several equities analysts recently commented on MTA shares. Canaccord Genuity Group upgraded shares of Metalla Royalty & Streaming to a “strong-buy” rating in a report on Tuesday, October 1st. National Bank Financial initiated coverage on shares of Metalla Royalty & Streaming in a research report on Tuesday, October 22nd. They issued an “outperform” rating for the company.

Get Our Latest Analysis on MTA

About Metalla Royalty & Streaming

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Metalla Royalty & Streaming (NYSEMKT:MTA)

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