Sprott Inc. Has $1.83 Million Stock Holdings in Metalla Royalty & Streaming Ltd. (NYSEMKT:MTA)

Sprott Inc. grew its holdings in Metalla Royalty & Streaming Ltd. (NYSEMKT:MTA - Free Report) by 2,927.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 730,174 shares of the company's stock after purchasing an additional 706,054 shares during the period. Sprott Inc. owned about 0.79% of Metalla Royalty & Streaming worth $1,833,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the business. Euro Pacific Asset Management LLC increased its holdings in Metalla Royalty & Streaming by 3.0% in the third quarter. Euro Pacific Asset Management LLC now owns 4,550,960 shares of the company's stock worth $14,038,000 after buying an additional 132,131 shares during the last quarter. DF Dent & Co. Inc. bought a new stake in Metalla Royalty & Streaming during the third quarter worth approximately $77,000. XTX Topco Ltd bought a new stake in Metalla Royalty & Streaming during the third quarter worth approximately $129,000. JPMorgan Chase & Co. bought a new stake in Metalla Royalty & Streaming during the third quarter worth approximately $31,000. Finally, Sentry Investment Management LLC bought a new stake in Metalla Royalty & Streaming during the fourth quarter worth approximately $49,000. Institutional investors and hedge funds own 17.82% of the company's stock.

Metalla Royalty & Streaming Price Performance

Metalla Royalty & Streaming stock traded down $0.03 during mid-day trading on Friday, hitting $2.75. 167,415 shares of the company were exchanged, compared to its average volume of 293,426. The business has a fifty day moving average of $2.83 and a two-hundred day moving average of $3.04. The company has a market capitalization of $254.36 million, a P/E ratio of -34.38 and a beta of 1.63.

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Analyst Upgrades and Downgrades

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

Metalla Royalty & Streaming 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.