National Bank Financial Forecasts CVE:MTA FY2024 Earnings

Metalla Royalty & Streaming Ltd. (CVE:MTA) – Investment analysts at National Bank Financial issued their FY2024 earnings per share (EPS) estimates for shares of Metalla Royalty & Streaming in a research report issued on Monday, October 21st. National Bank Financial analyst S. Nagle anticipates that the company will post earnings of ($0.06) per share for the year. National Bank Financial has a “Strong-Buy” rating on the stock. The consensus estimate for Metalla Royalty & Streaming’s current full-year earnings is $0.04 per share. National Bank Financial also issued estimates for Metalla Royalty & Streaming’s FY2025 earnings at $0.01 EPS, FY2026 earnings at $0.07 EPS and FY2027 earnings at $0.10 EPS.

Metalla Royalty & Streaming (CVE:MTA) last posted its earnings results on Wednesday, August 14th. The company reported C($0.03) earnings per share (EPS) for the quarter. Metalla Royalty & Streaming had a negative net margin of 150.82% and a negative return on equity of 3.75%. The business had revenue of C$1.20 million for the quarter, compared to analysts’ expectations of C$2.19 million.

Separately, Canaccord Genuity Group raised Metalla Royalty & Streaming to a “strong-buy” rating in a research note on Tuesday, October 1st.

Metalla Royalty & Streaming Price Performance

MTA opened at C$5.15 on Thursday. The company has a debt-to-equity ratio of 5.03, a quick ratio of 0.81 and a current ratio of 0.81. Metalla Royalty & Streaming has a 52-week low of C$3.13 and a 52-week high of C$5.62. The stock has a market capitalization of C$472.51 million, a PE ratio of -34.33 and a beta of 1.46. The stock’s 50 day moving average price is C$4.33 and its 200-day moving average price is C$4.17.

Insider Buying and Selling

In other news, Director Alexander Molyneux purchased 20,000 shares of Metalla Royalty & Streaming stock in a transaction that occurred on Thursday, September 19th. The shares were bought at an average cost of C$4.35 per share, with a total value of C$87,000.00. Insiders have bought a total of 29,400 shares of company stock valued at $130,863 over the last ninety days. Company insiders own 13.74% of the company’s stock.

Metalla Royalty & Streaming Company 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.