Metalla Royalty & Streaming (CVE:MTA) Trading 3.8% Higher – Here’s What Happened

Metalla Royalty & Streaming Ltd. (CVE:MTA)’s share price was up 3.8% during trading on Thursday . The company traded as high as C$4.42 and last traded at C$4.40. Approximately 8,836 shares changed hands during trading, a decline of 53% from the average daily volume of 18,827 shares. The stock had previously closed at C$4.24.

Wall Street Analysts Forecast Growth

Separately, Scotiabank upgraded shares of Metalla Royalty & Streaming to a “hold” rating in a report on Wednesday, January 15th.

Metalla Royalty & Streaming Stock Up 3.8 %

The firm has a market cap of C$284.71 million, a price-to-earnings ratio of -12.71 and a beta of 1.46. The company has a quick ratio of 0.81, a current ratio of 1.46 and a debt-to-equity ratio of 8.93. The firm has a fifty day moving average price of C$4.23 and a 200-day moving average price of C$4.29.

Insider Activity

In other news, Director James Beeby sold 18,500 shares of the business’s stock in a transaction dated Friday, December 27th. The stock was sold at an average price of C$3.68, for a total transaction of C$68,080.00. Corporate insiders own 13.74% of the company’s stock.

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.