National Bank Financial Forecasts CVE:MTA FY2024 Earnings

Metalla Royalty & Streaming Ltd. (CVE:MTA) – Research analysts at National Bank Financial issued their FY2024 earnings estimates for shares of Metalla Royalty & Streaming in a note issued to investors on Monday, October 21st. National Bank Financial analyst S. Nagle anticipates that the company will post earnings of ($0.06) per share for the year. 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. National Bank Financial also issued estimates for Metalla Royalty & Streaming’s FY2025 earnings at $0.01 EPS, FY2026 earnings at $0.07 EPS and FY2027 earnings at $0.10 EPS.

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

Metalla Royalty & Streaming Price Performance

MTA stock opened at C$5.28 on Thursday. The stock has a market cap of C$484.44 million, a price-to-earnings ratio of -35.20 and a beta of 1.46. Metalla Royalty & Streaming has a fifty-two week low of C$3.13 and a fifty-two week high of C$5.62. 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 50 day moving average price of C$4.36 and a 200 day moving average price of C$4.18.

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

Insider Activity at Metalla Royalty & Streaming

In other Metalla Royalty & Streaming news, Director Alexander Molyneux bought 20,000 shares of the stock in a transaction dated Thursday, September 19th. The shares were acquired at an average cost of C$4.35 per share, for a total transaction of C$87,000.00. Insiders bought a total of 32,400 shares of company stock valued at $146,133 in the last three months. 13.74% of the stock is currently owned by company insiders.

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.