CVE:MTA FY2024 EPS Forecast Cut by National Bank Financial

Metalla Royalty & Streaming Ltd. (CVE:MTA) – Equities researchers at National Bank Financial lowered their FY2024 earnings per share estimates for shares of Metalla Royalty & Streaming in a research report issued on Monday, February 10th. National Bank Financial analyst S. Nagle now forecasts that the company will post earnings of ($0.09) per share for the year, down from their prior estimate of ($0.08). 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 ($0.04) EPS.

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

Metalla Royalty & Streaming Stock Performance

Shares of CVE MTA opened at C$4.75 on Thursday. Metalla Royalty & Streaming has a 1 year low of C$3.13 and a 1 year high of C$5.62. 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$435.35 million, a PE ratio of -31.63 and a beta of 1.46. The firm has a fifty day moving average price of C$3.97 and a 200-day moving average price of C$4.20.

Insider Activity

In other news, Director James Beeby sold 18,500 shares of the firm’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. Also, Director Lawrence Roulston bought 7,500 shares of Metalla Royalty & Streaming stock in a transaction dated Monday, December 9th. The stock was purchased at an average cost of C$4.15 per share, for a total transaction of C$31,125.00. Company insiders own 13.74% of the company’s stock.

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.