BMO Capital analyst Rene Cartier maintained a Hold rating on Metalla Royalty & Streaming (MTA – Research Report) today and set a price target of C$12.00. The company’s shares closed last Friday at $4.86.
According to TipRanks, Cartier is a 4-star analyst with an average return of 15.5% and a 40.24% success rate. Cartier covers the Basic Materials sector, focusing on stocks such as Capstone Copper, Taseko Mines, and Solaris Resources.
Metalla Royalty & Streaming has an analyst consensus of Hold, with a price target consensus of $9.39.
See today’s best-performing stocks on TipRanks >>
Based on Metalla Royalty & Streaming’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $669 thousand and a GAAP net loss of $2.23 million. In comparison, last year the company earned a revenue of $674.59 thousand and had a GAAP net loss of $2.38 million
Based on the recent corporate insider activity of 29 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of MTA in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Metalla Royalty & Streaming Ltd. engages in the acquisition and management of precious metal royalties, streams, and similar production-based interests. It focuses on producing endeavor and NLGM silver stream; development of Joaquin, Santa Gertrudis, Garrison, Hoyle Pond Extension, West Timmins Extension, and Zaruma royalties; and exploration of Akasaba West and DeSantis Mine royalties. The company was founded on May 11, 1983 and is headquartered in Vancouver, Canada.
Read More on MTA:
- Family which owned Butlin’s offers to buy brand back from Blackstone for £300m
- Uranium Energy Corp and UEX Corporation Agree to Amendment to the Arrangement Agreement; Special Meeting of UEX Securityholders will Remain on Monday, August 15, 2022
- Palisade Bio Reports Second Quarter 2022 Financial Results and Provides Corporate Update
- Galaxy Gaming Reports Q2 2022 Financial Results
- Poshmark, Inc. to Participate in Goldman Sachs 2022 Communacopia + Technology Conference
