National Bank Financial Comments on CVE:MTA Q3 Earnings

Metalla Royalty & Streaming Ltd. (CVE:MTA) – Stock analysts at National Bank Financial issued their Q3 2024 earnings per share estimates for Metalla Royalty & Streaming in a research note issued on Tuesday, October 22nd. National Bank Financial analyst S. Nagle expects that the company will post earnings of $0.00 per share 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 Metalla Royalty & Streaming to a “strong-buy” rating in a report on Tuesday, October 1st.

Metalla Royalty & Streaming Stock Performance

Shares of MTA opened at C$5.28 on Friday. The company has a debt-to-equity ratio of 5.03, a quick ratio of 0.81 and a current ratio of 0.81. The stock has a 50-day moving average of C$4.36 and a two-hundred day moving average of C$4.18. The stock has a market cap of C$484.44 million, a P/E ratio of -35.20 and a beta of 1.46. Metalla Royalty & Streaming has a one year low of C$3.13 and a one year high of C$5.62.

Metalla Royalty & Streaming (CVE:MTA) last issued its quarterly earnings results on Wednesday, August 14th. The company reported C($0.03) earnings per share (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 for the quarter, compared to analyst estimates of C$2.19 million.

Insider Transactions at Metalla Royalty & Streaming

In related news, Director Alexander Molyneux purchased 20,000 shares of the business’s stock in a transaction on Thursday, September 19th. The shares were bought at an average cost of C$4.35 per share, with a total value of C$87,000.00. Insiders have acquired 32,400 shares of company stock worth $146,133 over the last 90 days. 13.74% of the stock is currently owned by company insiders.

About Metalla Royalty & Streaming

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.