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National Bank Financial Weighs in on CVE:MTA FY2024 Earnings

Metalla Royalty & Streaming logo with Basic Materials background

Metalla Royalty & Streaming Ltd. (CVE:MTA - Free Report) - Stock analysts at National Bank Financial issued their FY2024 earnings estimates for Metalla Royalty & Streaming in a research note issued on Monday, October 21st. National Bank Financial analyst S. Nagle expects that the company will post earnings per share of ($0.06) for the year. 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 $0.01 EPS, FY2026 earnings at $0.07 EPS and FY2027 earnings at $0.10 EPS.

Metalla Royalty & Streaming (CVE:MTA - Get Free Report) last issued its earnings results on Wednesday, August 14th. The company reported C($0.03) earnings per share (EPS) for the quarter. Metalla Royalty & Streaming had a negative return on equity of 3.75% and a negative net margin of 150.82%. The firm had revenue of C$1.20 million during the quarter, compared to the consensus estimate of C$2.19 million.

Separately, Canaccord Genuity Group raised Metalla Royalty & Streaming to a "strong-buy" rating in a research note on Tuesday, October 1st.

Read Our Latest Report on Metalla Royalty & Streaming

Metalla Royalty & Streaming Trading Up 1.6 %

Shares of Metalla Royalty & Streaming stock traded up C$0.08 on Thursday, hitting C$5.23. The stock had a trading volume of 50,780 shares, compared to its average volume of 41,815. The stock's 50-day simple moving average is C$4.33 and its two-hundred day simple moving average is C$4.17. Metalla Royalty & Streaming has a one year low of C$3.13 and a one year high of C$5.62. The stock has a market cap of C$479.85 million, a price-to-earnings ratio of -34.40 and a beta of 1.46. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 5.03.

Insider Buying and Selling

In other news, Director Alexander Molyneux acquired 20,000 shares of the stock in a transaction on Thursday, September 19th. The stock was acquired at an average price of C$4.35 per share, with a total value of C$87,000.00. Insiders acquired 29,400 shares of company stock valued at $130,863 over the last quarter. 13.74% of the stock is owned by company insiders.

About Metalla Royalty & Streaming

(Get Free Report)

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.

Further Reading

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