Metalla Royalty & Streaming (CVE:MTA) Shares Down 11.2%

Metalla Royalty & Streaming Ltd. (CVE:MTAGet Free Report) dropped 11.2% during mid-day trading on Friday . The stock traded as low as C$4.65 and last traded at C$4.70. Approximately 92,080 shares changed hands during trading, an increase of 603% from the average daily volume of 13,107 shares. The stock had previously closed at C$5.29.

Metalla Royalty & Streaming Trading Down 12.3 %

The company has a debt-to-equity ratio of 6.19, a current ratio of 2.28 and a quick ratio of 0.81. The stock’s 50 day moving average is C$5.81 and its 200-day moving average is C$6.24. The company has a market capitalization of C$245.18 million, a P/E ratio of -17.19 and a beta of 1.25.

Metalla Royalty & Streaming (CVE:MTAGet Free Report) last posted its earnings results on Friday, August 11th. The company reported C($0.01) earnings per share for the quarter. The firm had revenue of C$1.29 million for the quarter, compared to analysts’ expectations of C$1.34 million. Metalla Royalty & Streaming had a negative return on equity of 7.82% and a negative net margin of 284.34%. As a group, equities research analysts anticipate that Metalla Royalty & Streaming Ltd. will post 0.01767 earnings per share for the current year.

Metalla Royalty & Streaming Company Profile

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Metalla Royalty & Streaming Ltd., a precious metals royalty and streaming company, engages in the acquisition and management of precious metal royalties, streams, and related production-based interests in Canada, Australia, Argentina, Mexico, and the United States. It focuses on gold and silver streams and royalties.

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