1,004,949 Shares in Metalla Royalty & Streaming Ltd. (NYSEMKT:MTA) Purchased by U S Global Investors Inc.

U S Global Investors Inc. acquired a new position in shares of Metalla Royalty & Streaming Ltd. (NYSEMKT:MTA - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 1,004,949 shares of the company's stock, valued at approximately $2,522,000. U S Global Investors Inc. owned approximately 1.09% of Metalla Royalty & Streaming at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. JPMorgan Chase & Co. acquired a new stake in Metalla Royalty & Streaming during the 3rd quarter valued at $31,000. Sentry Investment Management LLC acquired a new stake in Metalla Royalty & Streaming during the fourth quarter worth about $49,000. DF Dent & Co. Inc. purchased a new position in Metalla Royalty & Streaming in the third quarter valued at approximately $77,000. XTX Topco Ltd purchased a new position in shares of Metalla Royalty & Streaming in the 3rd quarter valued at $129,000. Finally, Sprott Inc. lifted its stake in shares of Metalla Royalty & Streaming by 2,927.3% during the fourth quarter. Sprott Inc. now owns 730,174 shares of the company's stock worth $1,833,000 after purchasing an additional 706,054 shares in the last quarter. 17.82% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, Scotiabank reiterated a "sector perform" rating and issued a $4.50 price objective on shares of Metalla Royalty & Streaming in a report on Wednesday, January 15th.

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Metalla Royalty & Streaming Trading Down 2.5 %

Shares of Metalla Royalty & Streaming stock traded down $0.07 during trading on Tuesday, hitting $2.68. 300,268 shares of the stock were exchanged, compared to its average volume of 293,426. The company has a 50 day moving average of $2.83 and a two-hundred day moving average of $3.04. The stock has a market cap of $247.89 million, a PE ratio of -33.50 and a beta of 1.63.

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.