Metalla Royalty & Streaming (CVE:MTA) Price Target Raised to C$7.50 at National Bankshares

Metalla Royalty & Streaming (CVE:MTA) had its target price increased by National Bankshares from C$7.25 to C$7.50 in a research note published on Friday,BayStreet.CA reports.

Several other brokerages have also recently issued reports on MTA. BMO Capital Markets upgraded Metalla Royalty & Streaming from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, June 25th. Ventum Cap Mkts upgraded Metalla Royalty & Streaming to a “strong-buy” rating in a research note on Wednesday, May 14th. Finally, Canaccord Genuity Group raised their target price on Metalla Royalty & Streaming from C$7.75 to C$8.25 in a research note on Wednesday, June 11th. One analyst has rated the stock with a hold rating and four have issued a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Strong Buy” and an average target price of C$7.88.

Metalla Royalty & Streaming Stock Performance

Shares of MTA opened at C$5.89 on Friday. The business’s fifty day moving average price is C$5.43 and its 200 day moving average price is C$4.65. Metalla Royalty & Streaming has a 12-month low of C$3.54 and a 12-month high of C$6.05. The stock has a market capitalization of C$381.12 million, a PE ratio of -17.01 and a beta of 1.46. The company has a debt-to-equity ratio of 8.93, a current ratio of 1.46 and a quick ratio of 0.81.

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.