137,627 Shares in Metalla Royalty & Streaming Ltd. $MTA Acquired by McAlvany Wealth Management LLC

McAlvany Wealth Management LLC purchased 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 purchased 137,627 shares of the company’s stock, valued at approximately $1,071,000. McAlvany Wealth Management LLC owned approximately 0.15% of Metalla Royalty & Streaming as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Cubist Systematic Strategies LLC purchased a new stake in shares of Metalla Royalty & Streaming during the 1st quarter worth approximately $63,000. Jane Street Group LLC raised its stake in Metalla Royalty & Streaming by 30.5% during the 1st quarter. Jane Street Group LLC now owns 25,846 shares of the company’s stock worth $74,000 after acquiring an additional 6,040 shares in the last quarter. JPMorgan Chase & Co. raised its stake in Metalla Royalty & Streaming by 42.1% during the 2nd quarter. JPMorgan Chase & Co. now owns 14,071 shares of the company’s stock worth $54,000 after acquiring an additional 4,171 shares in the last quarter. Walleye Capital LLC purchased a new stake in Metalla Royalty & Streaming in the second quarter valued at $562,000. Finally, Marshall Wace LLP lifted its position in Metalla Royalty & Streaming by 32.0% in the second quarter. Marshall Wace LLP now owns 419,373 shares of the company’s stock valued at $1,610,000 after acquiring an additional 101,716 shares during the last quarter. 17.82% of the stock is currently owned by hedge funds and other institutional investors.

Metalla Royalty & Streaming Stock Performance

NYSEAMERICAN MTA opened at $7.43 on Friday. The company has a fifty day moving average of $7.11 and a two-hundred day moving average of $7.57. The company has a market capitalization of $694.26 million, a PE ratio of -185.75 and a beta of 1.32. 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.

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.