Metalla Royalty & Streaming (CVE:MTA) Stock Price Expected to Rise, Canaccord Genuity Group Analyst Says

Metalla Royalty & Streaming (CVE:MTA) had its price target upped by Canaccord Genuity Group from C$8.25 to C$10.00 in a report published on Thursday,BayStreet.CA reports.

A number of other equities analysts have also commented on MTA. National Bankshares lifted their price target on shares of Metalla Royalty & Streaming from C$7.25 to C$7.50 in a research report on Friday, August 15th. BMO Capital Markets upgraded shares of Metalla Royalty & Streaming from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, June 25th. Three investment analysts have rated the stock with a Strong Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Strong Buy” and an average price target of C$8.75.

Metalla Royalty & Streaming Stock Up 1.0%

Shares of MTA stock opened at C$9.26 on Thursday. The stock’s 50 day simple moving average is C$7.05 and its 200 day simple moving average is C$5.45. Metalla Royalty & Streaming has a twelve month low of C$3.54 and a twelve month high of C$9.40. The company has a debt-to-equity ratio of 8.93, a quick ratio of 0.81 and a current ratio of 1.46. The company has a market capitalization of C$856.94 million, a price-to-earnings ratio of -185.20 and a beta of 2.03.

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.