Metalla Royalty & Streaming (CVE:MTA) Reaches New 12-Month High – What’s Next?

Metalla Royalty & Streaming Ltd. (CVE:MTA) reached a new 52-week high during trading on Tuesday . The company traded as high as C$15.75 and last traded at C$15.75, with a volume of 16363 shares trading hands. The stock had previously closed at C$15.68.

Metalla Royalty & Streaming Stock Performance

The company’s fifty day moving average price is C$11.25 and its two-hundred day moving average price is C$10.49. The company has a debt-to-equity ratio of 5.74, a quick ratio of 0.81 and a current ratio of 4.50. The firm has a market capitalization of C$1.49 billion, a PE ratio of -1,589.50 and a beta of 2.88.

Insider Buying and Selling

In other Metalla Royalty & Streaming news, insider Saurabh Handa sold 79,500 shares of the stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of C$13.87, for a total transaction of C$1,102,665.00. Following the transaction, the insider owned 86,105 shares of the company’s stock, valued at C$1,194,276.35. This trade represents a 48.01% decrease in their ownership of the stock. 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. The company was formerly known as Excalibur Resources Ltd. and changed its name to Metalla Royalty & Streaming Ltd. in December 2016. The company was incorporated in 1983 and is headquartered in Vancouver, Canada.