NYSEMKT:MTA FY2026 EPS Forecast Boosted by Ventum Cap Mkts

Metalla Royalty & Streaming Ltd. (NYSEMKT:MTA - Free Report) - Stock analysts at Ventum Cap Mkts boosted their FY2026 earnings per share (EPS) estimates for shares of Metalla Royalty & Streaming in a report released on Tuesday, December 3rd. Ventum Cap Mkts analyst A. Terentiew now expects that the company will post earnings per share of $0.01 for the year, up from their prior forecast of ($0.02). The consensus estimate for Metalla Royalty & Streaming's current full-year earnings is ($0.07) per share. Ventum Cap Mkts also issued estimates for Metalla Royalty & Streaming's FY2027 earnings at $0.04 EPS.

A number of other brokerages have also commented on MTA. National Bank Financial assumed coverage on Metalla Royalty & Streaming in a research report on Tuesday, October 22nd. They issued an "outperform" rating on the stock. Canaccord Genuity Group raised shares of Metalla Royalty & Streaming to a "strong-buy" rating in a report on Tuesday, October 1st.

Metalla Royalty & Streaming Price Performance

Shares of NYSEMKT:MTA traded down $0.14 on Friday, hitting $2.73. 836,734 shares of the company were exchanged, compared to its average volume of 341,082. The stock has a market cap of $250.78 million, a price-to-earnings ratio of -34.13 and a beta of 1.59. The stock has a fifty day moving average price of $3.33 and a 200 day moving average price of $3.09.

Hedge Funds Weigh In On Metalla Royalty & Streaming

Hedge funds have recently made changes to their positions in the company. XTX Topco Ltd acquired a new stake in shares of Metalla Royalty & Streaming in the third quarter valued at about $129,000. DF Dent & Co. Inc. purchased a new stake in Metalla Royalty & Streaming during the 3rd quarter valued at about $77,000. Euro Pacific Asset Management LLC raised its holdings in Metalla Royalty & Streaming by 3.0% in the 3rd quarter. Euro Pacific Asset Management LLC now owns 4,550,960 shares of the company's stock valued at $14,038,000 after acquiring an additional 132,131 shares during the last quarter. Merk Investments LLC lifted its stake in Metalla Royalty & Streaming by 125.0% in the 2nd quarter. Merk Investments LLC now owns 450,000 shares of the company's stock worth $1,251,000 after purchasing an additional 250,000 shares in the last quarter. Finally, Renaissance Technologies LLC acquired a new position in shares of Metalla Royalty & Streaming during the 2nd quarter worth approximately $234,000. Institutional investors and hedge funds own 17.82% of the company's stock.

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.