Metalla Royalty & Streaming Ltd. (MTA.V) (CVE:MTA) shares dropped 7.1% during mid-day trading on Friday . The stock traded as low as C$14.75 and last traded at C$15.27. Approximately 94,164 shares traded hands during mid-day trading, an increase of 18% from the average daily volume of 79,821 shares. The stock had previously closed at C$16.43.
A number of equities analysts have recently weighed in on the company. Pi Financial lowered Metalla Royalty & Streaming Ltd. (MTA.V) from a “buy” rating to a “neutral” rating in a research report on Thursday, September 17th. Roth Capital restated a “neutral” rating on shares of Metalla Royalty & Streaming Ltd. (MTA.V) in a research note on Tuesday, December 15th.
The business has a fifty day moving average of C$13.58 and a 200-day moving average of C$10.62. The firm has a market cap of C$604.94 million and a PE ratio of -66.39. The company has a current ratio of 9.21, a quick ratio of 8.80 and a debt-to-equity ratio of 5.94.
Metalla Royalty & Streaming Ltd. (MTA.V) (CVE:MTA) last released its earnings results on Friday, October 9th. The company reported C($0.05) earnings per share for the quarter, missing the Zacks’ consensus estimate of C($0.02) by C($0.03). The company had revenue of C$0.45 million during the quarter. On average, equities analysts forecast that Metalla Royalty & Streaming Ltd. will post 0.11 EPS for the current year.
About Metalla Royalty & Streaming Ltd. (MTA.V) (CVE:MTA)
Metalla Royalty & Streaming Ltd., a precious metals royalty and streaming company, engages in the acquisition and management of precious metal royalties, streams, and related production-based interests in Canada and Australia. The company was formerly known as Excalibur Resources Ltd. and changed its name to Metalla Royalty & Streaming Ltd.
See Also: Back-End Load