McAlvany Wealth Management LLC Acquires Shares of 137,627 Metalla Royalty & Streaming Ltd. $MTA

McAlvany Wealth Management LLC bought a new stake in Metalla Royalty & Streaming Ltd. (NYSEAMERICAN:MTA) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 137,627 shares of the company’s stock, valued at approximately $1,071,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in MTA. Virtu Financial LLC raised its stake in Metalla Royalty & Streaming by 16.6% during the 4th quarter. Virtu Financial LLC now owns 21,540 shares of the company’s stock valued at $168,000 after acquiring an additional 3,059 shares during the last quarter. Mackenzie Financial Corp increased its holdings in shares of Metalla Royalty & Streaming by 1,657.8% in the fourth quarter. Mackenzie Financial Corp now owns 731,231 shares of the company’s stock valued at $5,557,000 after purchasing an additional 689,631 shares during the period. XTX Topco Ltd raised its stake in shares of Metalla Royalty & Streaming by 33.4% during the fourth quarter. XTX Topco Ltd now owns 38,862 shares of the company’s stock worth $302,000 after purchasing an additional 9,724 shares during the last quarter. Tudor Investment Corp ET AL raised its stake in shares of Metalla Royalty & Streaming by 2,106.0% during the fourth quarter. Tudor Investment Corp ET AL now owns 387,567 shares of the company’s stock worth $3,015,000 after purchasing an additional 369,998 shares during the last quarter. Finally, Quadrature Capital Ltd lifted its holdings in shares of Metalla Royalty & Streaming by 141.2% during the fourth quarter. Quadrature Capital Ltd now owns 30,503 shares of the company’s stock worth $237,000 after purchasing an additional 17,855 shares during the period. Hedge funds and other institutional investors own 17.82% of the company’s stock.

Metalla Royalty & Streaming Stock Performance

NYSEAMERICAN:MTA opened at $7.43 on Friday. The firm’s fifty day moving average price is $7.11 and its 200 day moving average price is $7.57. Metalla Royalty & Streaming Ltd. has a 1-year low of $3.44 and a 1-year high of $9.25. The company has a debt-to-equity ratio of 0.05, a current ratio of 3.45 and a quick ratio of 3.45. The firm has a market cap of $694.26 million, a price-to-earnings ratio of -185.75 and a beta of 1.32.

Metalla Royalty & Streaming Company Profile

Metalla Royalty & Streaming Ltd. is a Canada?based precious metals royalty and streaming company focused on acquiring and managing royalties and streams on mineral properties. Headquartered in Vancouver, British Columbia, the firm provides financing to mining operators by purchasing royalty and stream interests that grant it a share of future metal production or revenues. These non?dilutive arrangements enable Metalla to participate in the upside of mining projects without the operational risks associated with direct mine ownership.

The company’s portfolio spans a broad range of precious and battery metals, including gold, silver, copper, nickel and cobalt.