Metalla Royalty & Streaming (NYSEMKT:MTA) Trading 0.7% Higher

Metalla Royalty & Streaming Ltd. (NYSEMKT:MTA)’s share price shot up 0.7% during mid-day trading on Thursday . The company traded as high as $3.12 and last traded at $3.05. 650,575 shares changed hands during mid-day trading, an increase of 28% from the average session volume of 510,122 shares. The stock had previously closed at $3.03.

Metalla Royalty & Streaming Price Performance

The business’s 50 day moving average is $2.95 and its two-hundred day moving average is $2.95. The company has a debt-to-equity ratio of 0.05, a quick ratio of 2.52 and a current ratio of 2.52. The firm has a market capitalization of $277.17 million, a PE ratio of -27.73 and a beta of 1.72.

Institutional Trading of Metalla Royalty & Streaming

An institutional investor recently bought a new position in Metalla Royalty & Streaming stock. Sunbelt Securities Inc. purchased a new stake in shares of Metalla Royalty & Streaming Ltd. (NYSEMKT:MTA) in the first quarter, according to the company in its most recent filing with the SEC. The firm purchased 16,700 shares of the company’s stock, valued at approximately $52,000. Institutional investors own 17.82% of the company’s stock.

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.