Alexander Molyneux Purchases 20,000 Shares of Metalla Royalty & Streaming Ltd. (CVE:MTA) Stock

Metalla Royalty & Streaming Ltd. (CVE:MTA) Director Alexander Molyneux bought 20,000 shares of the stock in a transaction dated Thursday, September 19th. The shares were purchased at an average cost of C$4.35 per share, for a total transaction of C$87,000.00.

Metalla Royalty & Streaming Trading Up 1.1 %

Shares of CVE:MTA opened at C$4.40 on Friday. The business’s 50 day moving average price is C$3.98 and its 200-day moving average price is C$4.08. Metalla Royalty & Streaming Ltd. has a 1 year low of C$3.13 and a 1 year high of C$4.90. The firm has a market capitalization of C$403.70 million, a price-to-earnings ratio of -29.33 and a beta of 1.46. The company has a debt-to-equity ratio of 5.03, a current ratio of 0.81 and a quick ratio of 0.81.

Metalla Royalty & Streaming (CVE:MTA) last posted its quarterly earnings data on Wednesday, August 14th. The company reported C($0.03) earnings per share (EPS) for the quarter. The company had revenue of C$1.20 million for the quarter, compared to analysts’ expectations of C$2.19 million. Metalla Royalty & Streaming had a negative net margin of 150.82% and a negative return on equity of 3.75%. On average, equities research analysts forecast that Metalla Royalty & Streaming Ltd. will post 0.0351466 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, Ventum Cap Mkts raised Metalla Royalty & Streaming to a “strong-buy” rating in a report on Wednesday, May 29th.

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.