Metalla Royalty (NYSEAMERICAN:MTA) Given New $9.00 Price Target at Scotiabank

Metalla Royalty (NYSEAMERICAN:MTA) had its price target upped by Scotiabank from $7.50 to $9.00 in a research report report published on Monday morning,Benzinga reports. They currently have a sector perform rating on the stock.

Metalla Royalty Stock Performance

Metalla Royalty stock opened at $8.37 on Monday. The company has a quick ratio of 5.04, a current ratio of 5.04 and a debt-to-equity ratio of 0.05. Metalla Royalty has a twelve month low of $2.53 and a twelve month high of $8.96.

Metalla Royalty Company Profile

Metalla Royalty (NYSEAMERICAN:MTA) is a royalty and streaming company focused on precious metals. The company acquires, manages and monetizes royalty, streaming and other net-smelter-return style interests tied to mining projects, providing investors exposure to gold and silver production without directly operating mines. Metalla is a publicly traded entity and pursues growth through the acquisition of income-producing and developmental-stage mineral interests.

Metalla’s primary activities include originating and negotiating royalty and streaming transactions, performing due diligence on prospective assets, and overseeing a diversified portfolio of production-linked interests.