Metalla Royalty & Streaming FY2027 EPS Lifted by Scotiabank

Metalla Royalty & Streaming Ltd. (NYSEAMERICAN:MTA) – Analysts at Scotiabank lifted their FY2027 earnings estimates for Metalla Royalty & Streaming in a research report issued to clients and investors on Tuesday, August 4th. Scotiabank analyst O. Habib now expects that the company will earn $0.16 per share for the year, up from their previous estimate of $0.15. Scotiabank has a “Sector Perform” rating and a $8.50 price objective on the stock. The consensus estimate for Metalla Royalty & Streaming’s current full-year earnings is $0.06 per share.

Metalla Royalty & Streaming Trading Up 6.9%

NYSEAMERICAN:MTA opened at $8.39 on Thursday. Metalla Royalty & Streaming has a one year low of $4.09 and a one year high of $9.25. The firm has a 50-day moving average of $7.40 and a 200-day moving average of $7.44. The company has a market cap of $784.47 million, a PE ratio of -209.75 and a beta of 1.35. The company has a debt-to-equity ratio of 0.05, a current ratio of 3.45 and a quick ratio of 3.45.

Institutional Investors Weigh In On Metalla Royalty & Streaming

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. PFG Investments LLC grew its holdings in Metalla Royalty & Streaming by 11.9% during the 4th quarter. PFG Investments LLC now owns 11,910 shares of the company’s stock valued at $93,000 after buying an additional 1,263 shares in the last quarter. Banque Cantonale Vaudoise boosted its stake in Metalla Royalty & Streaming by 39.9% during the first quarter. Banque Cantonale Vaudoise now owns 5,707 shares of the company’s stock valued at $38,000 after buying an additional 1,627 shares during the period. Virtu Financial LLC raised its holdings in shares of Metalla Royalty & Streaming by 16.6% in the 4th quarter. Virtu Financial LLC now owns 21,540 shares of the company’s stock valued at $168,000 after acquiring an additional 3,059 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Metalla Royalty & Streaming by 42.1% during the second quarter. JPMorgan Chase & Co. now owns 14,071 shares of the company’s stock worth $54,000 after purchasing an additional 4,171 shares in the last quarter. Finally, Global Retirement Partners LLC bought a new position in Metalla Royalty & Streaming in the fourth quarter valued at $34,000. 17.82% of the stock is currently owned by institutional investors.

Metalla Royalty & Streaming Company Profile

Metalla Royalty & Streaming Ltd. is a Canada‐based precious metals royalty and streaming company focused on acquiring and managing royalties and streams on mineral properties. Headquartered in Vancouver, British Columbia, the firm provides financing to mining operators by purchasing royalty and stream interests that grant it a share of future metal production or revenues. These non‐dilutive arrangements enable Metalla to participate in the upside of mining projects without the operational risks associated with direct mine ownership.

The company’s portfolio spans a broad range of precious and battery metals, including gold, silver, copper, nickel and cobalt.