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

Metalla Royalty & Streaming Ltd. (CVE:MTA)’s share price hit a new 52-week high during mid-day 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 stock has a market capitalization of C$1.30 billion, a PE ratio of -356.41 and a beta of 2.88. The firm’s fifty day moving average is C$10.66 and its 200-day moving average is C$10.33. The company has a quick ratio of 0.81, a current ratio of 4.50 and a debt-to-equity ratio of 5.74.

Insider Activity at Metalla Royalty & Streaming

In other Metalla Royalty & Streaming news, Director Brett Heath purchased 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 19th. The shares were purchased at an average cost of C$8.72 per share, for a total transaction of C$43,600.00. Following the completion of the purchase, the director directly owned 3,394,845 shares in the company, valued at C$29,603,048.40. This represents a 0.15% increase in their ownership of the stock. 13.74% of the stock is owned by corporate insiders.

About 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.