Metalla Royalty and Streaming Ltd (AMEX: MTA) is 22.71% higher on its value in year-to-date trading and has touched a low of $2.32 and a high of $4.08 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The MTA stock was last observed hovering at around $2.92 in the last trading session, with the day’s gains setting it 0.16%.
Currently trading at $3.08, the stock is 6.59% and 7.62% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.5 million and changing 5.48% at the moment leaves the stock 2.56% off its SMA200. MTA registered 4.41% gain for a year compared to 6-month gain of 1.99%. The firm has a 50-day simple moving average (SMA 50) of $2.8618 and a 200-day simple moving average (SMA200) of $3.0031.
The stock witnessed a -7.23% loss in the last 1 month and extending the period to 3 months gives it a 10.79%, and is 12.82% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.07% over the week and 4.96% over the month.
Metalla Royalty and Streaming Ltd (MTA) has around 8 employees, a market worth around $282.87M and $5.05M in sales. Profit margin for the company is -123.99%. Distance from 52-week low is 32.76% and -24.51% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.48%).
with sales reaching $3.45M over the same period.The EPS is expected to grow by 49.31% this year, but quarterly earnings will post 39.75% year-over-year.
Metalla Royalty and Streaming Ltd (MTA) Top Institutional Holders
63.0 institutions hold shares in Metalla Royalty and Streaming Ltd (MTA), with institutional investors hold 21.52% of the company’s shares. The shares outstanding are 91.75M, and float is at 69.40M with Short Float at 1.61%. Institutions hold 18.56% of the Float.
The top institutional shareholder in the company is VAN ECK ASSOCIATES CORP with over 4.49 million shares valued at $12.47 million. The investor’s holdings represent 8.4922% of the MTA Shares outstanding. As of 2024-06-30, the second largest holder is EURO PACIFIC ASSET MANAGEMENT, LLC with 4.42 million shares valued at $12.2 million to account for 8.3628 of the shares outstanding. The other top investors are MERK INVESTMENTS LLC which holds 0.45 million shares representing 0.8516% and valued at over $1.25 million, while HORIZON KINETICS ASSET MANAGEMENT LLC holds 0.7566 of the shares totaling 0.4 million with a market value of $1.11 million.
Metalla Royalty and Streaming Ltd (MTA) Insider Activity
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