Metalla Royalty & Streaming (CVE:MTA) Hits New 1-Year High – Here’s What Happened

Shares of Metalla Royalty & Streaming Ltd. (CVE:MTA) reached a new 52-week high during trading on Monday . The company traded as high as C$13.90 and last traded at C$13.82, with a volume of 19583 shares. The stock had previously closed at C$13.62.

Metalla Royalty & Streaming Stock Up 2.1%

The company has a debt-to-equity ratio of 5.74, a current ratio of 4.50 and a quick ratio of 0.81. The company has a market capitalization of C$1.30 billion, a price-to-earnings ratio of -356.41 and a beta of 2.88. The firm’s 50-day simple moving average is C$10.66 and its two-hundred day simple moving average is C$10.33.

Insider Activity at Metalla Royalty & Streaming

In other news, Director Brett Heath purchased 5,000 shares of the firm’s stock in a transaction dated Tuesday, May 19th. The shares were acquired at an average price of C$8.72 per share, with a total value of C$43,600.00. Following the purchase, the director directly owned 3,394,845 shares of the company’s stock, valued at C$29,603,048.40. The trade was a 0.15% increase in their ownership of the stock. 13.74% of the stock is owned by company insiders.

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. 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.