Metalla Royalty & Streaming (CVE:MTA) Sets New 1-Year High – Here’s What Happened

Metalla Royalty & Streaming Ltd. (CVE:MTA)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as C$12.71 and last traded at C$12.71, with a volume of 5203 shares trading hands. The stock had previously closed at C$12.50.

Metalla Royalty & Streaming Stock Up 1.0%

The company has a debt-to-equity ratio of 5.69, a current ratio of 3.45 and a quick ratio of 0.81. The business has a 50 day moving average price of C$10.47 and a 200 day moving average price of C$10.28. The firm has a market capitalization of C$1.18 billion, a P/E ratio of -323.85 and a beta of 2.88.

Insiders Place Their Bets

In other Metalla Royalty & Streaming news, Director Brett Heath bought 5,000 shares of the stock in a transaction on Tuesday, May 19th. The shares were purchased at an average price of C$8.72 per share, with a total value of C$43,600.00. Following the acquisition, the director directly owned 3,394,845 shares of the company’s stock, valued at C$29,603,048.40. This represents a 0.15% increase in their position. 13.74% of the stock is currently owned by insiders.

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. The company was formerly known as Excalibur Resources Ltd. and changed its name to Metalla Royalty & Streaming Ltd. in December 2016. The company was incorporated in 1983 and is headquartered in Vancouver, Canada.