FY2025 EPS Estimates for NYSEMKT:MTA Decreased by Analyst

Metalla Royalty & Streaming Ltd. (NYSEMKT:MTA - Free Report) - Investment analysts at National Bank Financial decreased their FY2025 earnings estimates for shares of Metalla Royalty & Streaming in a report issued on Monday, February 10th. National Bank Financial analyst S. Nagle now forecasts that the company will earn ($0.03) per share for the year, down from their prior estimate of $0.01. National Bank Financial has a "Outperform" rating on the stock. The consensus estimate for Metalla Royalty & Streaming's current full-year earnings is ($0.07) per share.

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

Metalla Royalty & Streaming Stock Performance

Shares of MTA stock traded down $0.15 on Thursday, hitting $3.22. The stock had a trading volume of 284,619 shares, compared to its average volume of 322,458. The firm has a market cap of $296.50 million, a price-to-earnings ratio of -40.25 and a beta of 1.63. The company has a fifty day simple moving average of $2.77 and a two-hundred day simple moving average of $3.01.

Hedge Funds Weigh In On Metalla Royalty & Streaming

Several hedge funds and other institutional investors have recently made changes to their positions in the company. U S Global Investors Inc. bought a new position in shares of Metalla Royalty & Streaming in the fourth quarter worth about $2,522,000. Merk Investments LLC grew its stake in shares of Metalla Royalty & Streaming by 34.6% during the fourth quarter. Merk Investments LLC now owns 3,000,000 shares of the company's stock worth $7,530,000 after buying an additional 771,189 shares during the last quarter. Sprott Inc. increased its holdings 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 buying an additional 706,054 shares in the last quarter. Marshall Wace LLP acquired a new position in shares of Metalla Royalty & Streaming during the fourth quarter worth $874,000. Finally, Euro Pacific Asset Management LLC lifted its stake in shares of Metalla Royalty & Streaming by 6.0% in the 4th quarter. Euro Pacific Asset Management LLC now owns 4,821,920 shares of the company's stock valued at $12,181,000 after acquiring an additional 270,960 shares during the last quarter. 17.82% of the stock is currently owned by institutional investors and hedge funds.

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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.