Metalla Royalty & Streaming (CVE:MTA) Trading Up 8.8% – Time to Buy?

Metalla Royalty & Streaming Ltd. (CVE:MTAGet Free Report)’s share price was up 8.8% during trading on Thursday . The company traded as high as C$10.05 and last traded at C$10.00. Approximately 14,200 shares changed hands during trading, a decline of 63% from the average daily volume of 38,784 shares. The stock had previously closed at C$9.19.

Metalla Royalty & Streaming Stock Up 2.1%

The business has a fifty day simple moving average of C$9.69 and a 200 day simple moving average of C$10.36. The firm has a market cap of C$954.05 million, a price-to-earnings ratio of -261.79 and a beta of 2.83. The company has a debt-to-equity ratio of 5.69, a current ratio of 3.45 and a quick ratio of 0.81.

Insider Activity at Metalla Royalty & Streaming

In other news, Director Brett Heath bought 10,000 shares of Metalla Royalty & Streaming stock in a transaction on Monday, March 30th. The stock was acquired at an average price of C$8.45 per share, with a total value of C$84,500.00. Following the completion of the acquisition, the director directly owned 3,389,845 shares of the company’s stock, valued at C$28,644,190.25. The trade was a 0.30% increase in their ownership of the stock. 13.74% of the stock is owned by insiders.

About Metalla Royalty & Streaming

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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. The company was formerly known as Excalibur Resources Ltd. and changed its name to Metalla Royalty & Streaming Ltd. in December 2016. The company was incorporated in 1983 and is headquartered in Vancouver, Canada.

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