Profile
Sector:
Basic MaterialsIndustry:
Other Precious Metals & MiningCountry:
CanadaIPO:
18 December 2009Website:
http://www.metallaroyalty.comNext earnings report:
08 November 2024Last dividends:
31 July 2023Next dividends:
N/APrice
regular market | Fri, 01 Nov 2024 13:30:00 GMTAnalysts recommendations
Institutional Ownership
MTA Latest News
Metalla Royalty went from paying one of the highest dividend yields in the industry to not being able to cover its general and administrative expenses with royalty revenues. The share price is now close to where it started trading on the TSX Venture Exchange in 2018, although gold prices more than doubled from the USD$1,300 level of 2016. I am naturally attracted to situations in which there are a lot of disillusioned shareholders around, as they create low expectations and convex payoffs.
NuLegacy Gold Corp (TSX-V:NUG) announced it has completed the issuance of 42 million units to Metalla Royalty & Streaming in exchange for the elimination of annual exploration expenditure obligations on its Red Hill property. The deal relieves NuLegacy of the requirement to spend US$150,000 annually on exploration for 2024 and 2025.
Vancouver, British Columbia--(Newsfile Corp. - June 28, 2024) - Metalla Royalty & Streaming Ltd. (TSXV: MTA) (NYSE American: MTA) ("Metalla" or the "Company") announces that it has obtained a receipt for the final short form base shelf prospectus (the "Shelf Prospectus") filed with the securities regulatory authorities in each of the provinces of Canada and that a corresponding registration statement on Form F-10 (the "Registration Statement") has been filed with the United States Securities and Exchange Commission (the "SEC") under the Multijurisdictional Disclosure System established between Canada and the United States.
TSXV: MTANYSE AMERICAN: MTA VANCOUVER, BC , June 26, 2024 /PRNewswire/ - Metalla Royalty & Streaming Ltd. ("Metalla" or the "Company") (NYSE American: MTA) (TSXV: MTA) is pleased to announce the voting results for its annual general meeting of shareholders held on June 26, 2024 (the "Meeting").
Metalla Royalty & Streaming Ltd. announced a merger with Nova Royalty Corp., causing a significant drop in stock price. The merger is an attempt by Metalla to enter the copper market and expand its portfolio. Metalla reported revenues of $0.96 million for Q2 2023, with a net loss of $0.49 million. Free cash flow is $0.77 million.
Metalla Royalty & Streaming Ltd (TSX-V:MTA) announced on Friday that it has agreed to acquire Nova Royalty Corp in an all-stock transaction valued at C$190 million. Nova Royalty shareholders will receive 0.36 of a Metalla common share for each Nova share held, implying a premium of 25% based on the closing share prices of Nova on September 7, 2023, Metalla Royalty stated.
Revenues for the first quarter of 2023 were $0.98 million, up from $0.67 million in the same quarter a year ago and up from $0.63 million in 4Q22. The gold equivalent production was 927 GEOs in 1Q23 at a cash margin of $1,831 per GEO. I recommend buying MTA between $4.27 and $4.15 is reasonable, with possible lower support at $4.00.
Metalla Royalty & Streaming Ltd. (MTA) is technically in oversold territory now, so the heavy selling pressure might have exhausted.
Metalla Royalty & Streaming Ltd. (MTA) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects.
What type of business is Metalla Royalty & Streaming?
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.
What sector is Metalla Royalty & Streaming in?
Metalla Royalty & Streaming is in the Basic Materials sector
What industry is Metalla Royalty & Streaming in?
Metalla Royalty & Streaming is in the Other Precious Metals & Mining industry
What country is Metalla Royalty & Streaming from?
Metalla Royalty & Streaming is headquartered in Canada
When did Metalla Royalty & Streaming go public?
Metalla Royalty & Streaming initial public offering (IPO) was on 18 December 2009
What is Metalla Royalty & Streaming website?
https://www.metallaroyalty.com
Is Metalla Royalty & Streaming in the S&P 500?
No, Metalla Royalty & Streaming is not included in the S&P 500 index
Is Metalla Royalty & Streaming in the NASDAQ 100?
No, Metalla Royalty & Streaming is not included in the NASDAQ 100 index
Is Metalla Royalty & Streaming in the Dow Jones?
No, Metalla Royalty & Streaming is not included in the Dow Jones index
When was Metalla Royalty & Streaming the previous earnings report?
No data
When does Metalla Royalty & Streaming earnings report?
The next expected earnings date for Metalla Royalty & Streaming is 08 November 2024