Insider Buying: Metalla Royalty & Streaming Ltd. (CVE:MTA) Director Buys 3,000 Shares of Stock

Metalla Royalty & Streaming Ltd. (CVE:MTA) Director Lawrence Roulston purchased 3,000 shares of the business’s stock in a transaction that occurred on Thursday, October 24th. The shares were purchased at an average price of C$5.09 per share, for a total transaction of C$15,270.00.

Lawrence Roulston also recently made the following trade(s):

• On Friday, October 18th, Lawrence Roulston acquired 5,000 shares of Metalla Royalty & Streaming stock. The stock was acquired at an average price of C$4.93 per share, with a total value of C$24,650.00.
• On Friday, October 4th, Lawrence Roulston bought 1,500 shares of Metalla Royalty & Streaming stock. The stock was bought at an average price of C$4.40 per share, for a total transaction of C$6,592.50.

Metalla Royalty & Streaming Price Performance

CVE MTA 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 firm has a 50-day moving average of C$4.33 and a 200-day moving average of C$4.17. The company has a market capitalization of C$479.85 million, a price-to-earnings ratio of -34.40 and a beta of 1.46. The company has a debt-to-equity ratio of 5.03, a quick ratio of 0.81 and a current ratio of 0.81. Metalla Royalty & Streaming Ltd. has a 52-week low of C$3.13 and a 52-week high of C$5.62.

Metalla Royalty & Streaming (CVE:MTA) last released its quarterly earnings results on Wednesday, August 14th. The company reported C($0.03) earnings per share for the quarter. The business had revenue of C$1.20 million during the quarter, compared to analysts’ expectations of C$2.19 million. Metalla Royalty & Streaming had a negative net margin of 150.82% and a negative return on equity of 3.75%. Equities analysts expect that Metalla Royalty & Streaming Ltd. will post 0.0351466 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts recently commented on MTA shares. National Bank Financial raised shares of Metalla Royalty & Streaming to a “strong-buy” rating in a report on Monday. Canaccord Genuity Group raised Metalla Royalty & Streaming to a “strong-buy” rating in a report on Tuesday, October 1st.

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.