Metalla Royalty & Streaming (NYSEAMERICAN:MTA) Releases Earnings Results

Metalla Royalty & Streaming (NYSEAMERICAN:MTA) issued its earnings results on Thursday. The company reported $0.02 earnings per share for the quarter, Zacks reports. Metalla Royalty & Streaming had a negative return on equity of 0.17% and a negative net margin of 2.82%.

Metalla Royalty & Streaming Stock Performance

NYSEAMERICAN:MTA traded down $0.20 during trading on Thursday, reaching $7.51. The company’s stock had a trading volume of 361,369 shares, compared to its average volume of 475,826. Metalla Royalty & Streaming has a 12 month low of $5.95 and a 12 month high of $11.60. The firm has a market cap of $707.67 million, a price-to-earnings ratio of -751.00 and a beta of 1.45. The firm has a 50 day moving average of $8.87 and a 200-day moving average of $8.03. The company has a debt-to-equity ratio of 0.05, a quick ratio of 4.50 and a current ratio of 4.50.

Metalla Royalty & Streaming Company Profile

Metalla Royalty & Streaming Ltd. is a precious metals company that acquires and manages royalties, streams and other interests tied to mining projects. Its portfolio is focused primarily on gold and silver. Unlike a mining operator, Metalla generally does not run the mines associated with its interests. Instead, royalty agreements entitle it to a share of revenue or production under specified terms, while streaming agreements typically provide for the purchase of a portion of a mine’s future metal production.