With over 0.45 million Metalla Royalty and Streaming Ltd (MTA) shares trading Friday and a closing price of $3.11 on the day, the dollar volume was approximately $1.4 million. The shares have shown a negative half year performance of -33.07% and its price on 01/12/24 gained nearly 2.30%. Currently, there are 90.09M common shares owned by the public and among those 70.76M shares have been available to trade.
The top 3 mutual fund holders in Metalla Royalty and Streaming Ltd are VanEck Junior Gold Miners ETF, EuroPac Gold Fund, and Ixios Funds – Energy Metals. VanEck Junior Gold Miners ETF owns 3.44 million shares of the company’s stock, all valued at over $10.59 million. The company sold 2978.0 shares recently to bring their total holdings to about 3.82% of the shares outstanding. EuroPac Gold Fund bought 0.16 million shares to see its total holdings expand to 2.8 million shares valued at over $8.61 million and representing 3.10% of the shares outstanding. Ixios Funds – Energy Metals bought 0.26 million shares to bring its total holdings to over 0.55 million shares at a value of $1.7 million. Ixios Funds – Energy Metals now owns shares totaling to 0.61% of the shares outstanding.
Shares of Metalla Royalty and Streaming Ltd (AMEX: MTA) opened at $3.10, up $0.06 from a prior closing price of $3.04. However, the script later moved the day high at 3.2000, up 2.30%. The company’s stock has a 5-day price change of -1.27% and 12.68% over the past three months. MTA shares are trading 0.97% year to date (YTD), with the 12-month market performance down to -41.03% lower. It has a 12-month low price of $2.59 and touched a high of $5.86 over the same period. MTA has an average intraday trading volume of 408.70K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -0.83%, 2.42%, and -20.75% respectively.
Institutional ownership of Metalla Royalty and Streaming Ltd (AMEX: MTA) shares accounts for 9.18% of the company’s 90.09M shares outstanding. Mutual fund holders own –, while other institutional holders and individual stakeholders account for — and — respectively.
It has a market capitalization of $280.18M and a beta (3y monthly) value of 1.64. The earnings-per-share (ttm) stands at -$0.18. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.12% over the week and 4.52% over the month.
Analysts forecast that Metalla Royalty and Streaming Ltd (MTA) will achieve an EPS of $0 for the current quarter, -$0.01 for the next quarter and -$0.01 for 2024. The lowest estimate earnings-per-share for the quarter is $0 while analysts give the company a high EPS estimate of $0. Comparatively, EPS for the current quarter was -$0.03 a year ago. Earnings per share for the fiscal year are expected to increase by 58.33%, and 66.67% over the next financial year.
If you are looking to buy this stock, then you may note that the average analyst recommendation by 3 brokerage firm advisors rate Metalla Royalty and Streaming Ltd (MTA) as a “Moderate Buy” at a consensus score of 2.33. Specifically, 1 Wall Street analysts polled rate the stock as a buy, while 2 of the 3 advise that investors “hold,” and 0 rated it as a “Sell.”
