National Bank Financial Comments on CVE:MTA FY2024 Earnings

Metalla Royalty & Streaming Ltd. (CVE:MTA) – Stock analysts at National Bank Financial issued their FY2024 earnings per share estimates for shares of Metalla Royalty & Streaming in a research report issued to clients and investors on Monday, October 21st. National Bank Financial analyst S. Nagle anticipates that the company will earn ($0.06) per share for the year. National Bank Financial currently has a “Strong-Buy” rating on the stock. The consensus estimate for Metalla Royalty & Streaming’s current full-year earnings is $0.04 per share. National Bank Financial also issued estimates for Metalla Royalty & Streaming’s FY2025 earnings at $0.01 EPS, FY2026 earnings at $0.07 EPS and FY2027 earnings at $0.10 EPS.

Separately, Canaccord Genuity Group raised Metalla Royalty & Streaming to a “strong-buy” rating in a research report on Tuesday, October 1st.

Metalla Royalty & Streaming Trading Up 1.0 %

CVE MTA opened at C$5.28 on Thursday. The company has a debt-to-equity ratio of 5.03, a quick ratio of 0.81 and a current ratio of 0.81. The company’s 50-day simple moving average is C$4.36 and its two-hundred day simple moving average is C$4.18. Metalla Royalty & Streaming has a one year low of C$3.13 and a one year high of C$5.62. The company has a market capitalization of C$484.44 million, a price-to-earnings ratio of -35.20 and a beta of 1.46.

Metalla Royalty & Streaming (CVE:MTA) last released its earnings results on Wednesday, August 14th. The company reported C($0.03) earnings per share for the quarter. The business had revenue of C$1.20 million during the quarter, compared to analysts’ expectations of C$2.19 million. Metalla Royalty & Streaming had a negative return on equity of 3.75% and a negative net margin of 150.82%.

Insider Activity at Metalla Royalty & Streaming

In other Metalla Royalty & Streaming news, Director Alexander Molyneux acquired 20,000 shares of the company’s stock in a transaction on Thursday, September 19th. The shares were bought at an average cost of C$4.35 per share, with a total value of C$87,000.00. Over the last ninety days, insiders purchased 32,400 shares of company stock worth $146,133. 13.74% of the stock is owned by corporate insiders.

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.