Metalla Royalty & Streaming (CVE:MTA) Stock Price Up 3.8% – Here’s Why

Shares of Metalla Royalty & Streaming Ltd. (CVE:MTA) shot up 3.8% on Monday . The company traded as high as C$5.21 and last traded at C$5.16. 49,517 shares changed hands during trading, an increase of 110% from the average session volume of 23,614 shares. The stock had previously closed at C$4.97.

Analyst Ratings Changes

Separately, Ventum Cap Mkts upgraded Metalla Royalty & Streaming to a “strong-buy” rating in a research note on Wednesday, May 14th.

Metalla Royalty & Streaming Stock Up 3.8%

The company has a market capitalization of C$333.89 million, a PE ratio of -14.90 and a beta of 1.46. 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’s 50-day moving average is C$4.21 and its 200 day moving average is C$4.13.

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.