Metalla Royalty & Streaming (NYSEMKT:MTA) Trading Up 0.7%

Metalla Royalty & Streaming Ltd. (NYSEMKT:MTA)’s share price was up 0.7% on Thursday . The company traded as high as $3.12 and last traded at $3.05. Approximately 650,575 shares traded hands during trading, an increase of 28% from the average daily volume of 510,122 shares. The stock had previously closed at $3.03.

Metalla Royalty & Streaming Stock Performance

The stock’s 50-day moving average is $2.96 and its two-hundred day moving average is $2.95. The company has a current ratio of 2.52, a quick ratio of 2.52 and a debt-to-equity ratio of 0.05.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Metalla Royalty & Streaming stock. Sunbelt Securities Inc. acquired a new stake in shares of Metalla Royalty & Streaming Ltd. (NYSEMKT:MTA) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm acquired 16,700 shares of the company’s stock, valued at approximately $52,000. Hedge funds and other institutional investors own 17.82% of the company’s stock.

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.