CVE:MTA FY2024 EPS Cut by National Bank Financial

Metalla Royalty & Streaming Ltd. (CVE:MTA - Free Report) - Equities researchers at National Bank Financial dropped their FY2024 earnings estimates for Metalla Royalty & Streaming in a note issued to investors on Monday, February 10th. National Bank Financial analyst S. Nagle now anticipates that the company will post earnings of ($0.09) per share for the year, down from their previous forecast of ($0.08). National Bank Financial currently has a "Strong-Buy" rating on the stock. The consensus estimate for Metalla Royalty & Streaming's current full-year earnings is $0.04 per share. National Bank Financial also issued estimates for Metalla Royalty & Streaming's FY2025 earnings at ($0.04) EPS.

Separately, Scotiabank upgraded Metalla Royalty & Streaming to a "hold" rating in a research note on Wednesday, January 15th.

Metalla Royalty & Streaming Price Performance

Shares of MTA stock traded down C$0.16 on Thursday, reaching C$4.62. The company's stock had a trading volume of 60,998 shares, compared to its average volume of 21,355. The company has a market capitalization of C$298.95 million, a P/E ratio of -13.34 and a beta of 1.46. Metalla Royalty & Streaming has a 12-month low of C$3.13 and a 12-month high of C$5.62. The stock's 50 day simple moving average is C$4.00 and its 200-day simple moving average is C$4.21. The company has a quick ratio of 0.81, a current ratio of 1.46 and a debt-to-equity ratio of 8.93.

Insider Activity at Metalla Royalty & Streaming

In other news, Director Lawrence Roulston acquired 7,500 shares of the firm's stock in a transaction on Monday, December 9th. The stock was acquired at an average price of C$4.15 per share, for a total transaction of C$31,125.00. Also, Director James Beeby sold 18,500 shares of the business's stock in a transaction on Friday, December 27th. The shares were sold at an average price of C$3.68, for a total transaction of C$68,080.00. 13.74% of the stock is owned by corporate insiders.

About Metalla Royalty & Streaming

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.