Metalla Royalty & Streaming (CVE:MTA) Price Target Raised to C$10.00 at Canaccord Genuity Group

Metalla Royalty & Streaming (CVE:MTA) had its price objective hoisted by Canaccord Genuity Group from C$8.25 to C$10.00 in a research note released on Thursday morning,BayStreet.CA reports.

A number of other equities analysts have also recently weighed in on the company. BMO Capital Markets upgraded Metalla Royalty & Streaming from a “hold” rating to a “strong-buy” rating in a report on Wednesday, June 25th. National Bankshares increased their price target on Metalla Royalty & Streaming from C$7.25 to C$7.50 in a report on Friday, August 15th. Three equities research analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Strong Buy” and an average price target of C$8.75.

Metalla Royalty & Streaming Stock Performance

CVE MTA opened at C$9.17 on Thursday. The stock has a market cap of C$848.61 million, a PE ratio of -183.40 and a beta of 2.03. The company has a current ratio of 1.46, a quick ratio of 0.81 and a debt-to-equity ratio of 8.93. Metalla Royalty & Streaming has a twelve month low of C$3.54 and a twelve month high of C$9.25. The stock has a fifty day simple moving average of C$6.98 and a 200-day simple moving average of C$5.41.

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.