Brett Heath Acquires 2,900 Shares of Metalla Royalty & Streaming Ltd. (CVE:MTA) Stock

Metalla Royalty & Streaming Ltd. (CVE:MTA) Director Brett Heath purchased 2,900 shares of Metalla Royalty & Streaming stock in a transaction dated Wednesday, October 9th. The stock was acquired at an average price of C$4.35 per share, for a total transaction of C$12,620.80.

Metalla Royalty & Streaming Stock Up 10.3 %

MTA opened at C$4.83 on Friday. The stock’s 50 day moving average price is C$4.04 and its 200 day moving average price is C$4.11. The company has a debt-to-equity ratio of 5.03, a current ratio of 0.81 and a quick ratio of 0.81. The stock has a market cap of C$443.15 million, a P/E ratio of -32.20 and a beta of 1.46. Metalla Royalty & Streaming Ltd. has a 12 month low of C$3.13 and a 12 month high of C$4.90.

Metalla Royalty & Streaming (CVE:MTA) last announced its 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 during the quarter, compared to the consensus estimate of C$2.19 million. As a group, research analysts predict that Metalla Royalty & Streaming Ltd. will post 0.0351466 earnings per share for the current year.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group upgraded Metalla Royalty & Streaming to a “strong-buy” rating in a research note on Tuesday, October 1st.

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.