Metalla Royalty & Streaming (CVE:MTA) Raised to “Strong-Buy” at Ventum Cap Mkts

Metalla Royalty & Streaming (CVE:MTA) was upgraded by investment analysts at Ventum Cap Mkts to a “strong-buy” rating in a note issued to investors on Monday,Zacks.com reports.

MTA has been the subject of several other research reports. National Bankshares lifted their price target on Metalla Royalty & Streaming from C$7.25 to C$7.50 in a research note on Friday, August 15th. Canaccord Genuity Group lifted their price target on Metalla Royalty & Streaming from C$8.25 to C$10.00 in a research note on Thursday, October 2nd. Two analysts have rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of C$8.75.

Metalla Royalty & Streaming Price Performance

Shares of Metalla Royalty & Streaming stock opened at C$9.45 on Monday. The company has a quick ratio of 0.81, a current ratio of 1.46 and a debt-to-equity ratio of 8.93. Metalla Royalty & Streaming has a twelve month low of C$3.54 and a twelve month high of C$10.84. The business has a 50-day moving average price of C$8.69 and a 200 day moving average price of C$6.29. The firm has a market cap of C$874.52 million, a PE ratio of -189.00 and a beta of 2.24.

About Metalla Royalty & Streaming

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.