Two Sigma Securities LLC Purchases 5,655 Shares of Metalla Royalty & Streaming Ltd. (NYSEMKT:MTA)

Two Sigma Securities LLC lifted its position in Metalla Royalty & Streaming Ltd. (NYSEMKT:MTA) by 55.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 15,841 shares of the company’s stock after buying an additional 5,655 shares during the period. Two Sigma Securities LLC’s holdings in Metalla Royalty & Streaming were worth $40,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. purchased a new position in Metalla Royalty & Streaming in the 3rd quarter worth about $31,000. Sentry Investment Management LLC purchased a new position in shares of Metalla Royalty & Streaming during the fourth quarter valued at approximately $49,000. Raymond James Financial Inc. purchased a new stake in Metalla Royalty & Streaming in the fourth quarter worth approximately $57,000. HighTower Advisors LLC grew its position in Metalla Royalty & Streaming by 572.5% in the 4th quarter. HighTower Advisors LLC now owns 135,224 shares of the company’s stock worth $339,000 after purchasing an additional 115,116 shares during the period. Finally, Renaissance Technologies LLC raised its stake in Metalla Royalty & Streaming by 200.3% during the 4th quarter. Renaissance Technologies LLC now owns 263,091 shares of the company’s stock valued at $660,000 after buying an additional 175,491 shares during the last quarter. Hedge funds and other institutional investors own 17.82% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Scotiabank reiterated a “sector perform” rating and set a $4.50 price target on shares of Metalla Royalty & Streaming in a research note on Wednesday, January 15th.

Metalla Royalty & Streaming Trading Down 3.7 %

Shares of MTA opened at $2.88 on Friday. The company has a fifty day moving average price of $2.93 and a two-hundred day moving average price of $3.00. The stock has a market capitalization of $266.39 million, a P/E ratio of -36.00 and a beta of 1.65.

Metalla Royalty & Streaming 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.