Metalla Royalty (NYSEAMERICAN:MTA) Price Target Raised to $9.00

Metalla Royalty (NYSEAMERICAN:MTA) had its price objective raised by Scotiabank from $7.50 to $9.00 in a research note released on Monday morning,Benzinga reports. Scotiabank currently has a sector perform rating on the stock.

Metalla Royalty Stock Up 1.2%

Shares of NYSEAMERICAN MTA opened at $8.65 on Monday. The company has a current ratio of 5.04, a quick ratio of 5.04 and a debt-to-equity ratio of 0.05. Metalla Royalty has a 1-year low of $2.53 and a 1-year high of $8.96.

Metalla Royalty Company Profile

Metalla Royalty (NYSEAMERICAN:MTA) is a royalty and streaming company focused on precious metals. The company acquires, manages and monetizes royalty, streaming and other net-smelter-return style interests tied to mining projects, providing investors exposure to gold and silver production without directly operating mines. Metalla is a publicly traded entity and pursues growth through the acquisition of income-producing and developmental-stage mineral interests.

Metalla’s primary activities include originating and negotiating royalty and streaming transactions, performing due diligence on prospective assets, and overseeing a diversified portfolio of production-linked interests.