U S Global Investors Inc. cut its holdings in shares of Metalla Royalty & Streaming Ltd. (NYSEAMERICAN:MTA – Free Report) by 59.6% during the first quarter, HoldingsChannel.com reports. The fund owned 578,500 shares of the company’s stock after selling 854,010 shares during the period. U S Global Investors Inc.’s holdings in Metalla Royalty & Streaming were worth $3,835,000 at the end of the most recent reporting period.
Several other large investors also recently bought and sold shares of the business. PFG Investments LLC boosted its holdings in shares of Metalla Royalty & Streaming by 11.9% during the 4th quarter. PFG Investments LLC now owns 11,910 shares of the company’s stock worth $93,000 after purchasing an additional 1,263 shares during the last quarter. Banque Cantonale Vaudoise increased its holdings in shares of Metalla Royalty & Streaming by 39.9% in the first quarter. Banque Cantonale Vaudoise now owns 5,707 shares of the company’s stock valued at $38,000 after purchasing an additional 1,627 shares during the last quarter. Virtu Financial LLC lifted its position in Metalla Royalty & Streaming by 16.6% during the fourth quarter. Virtu Financial LLC now owns 21,540 shares of the company’s stock worth $168,000 after buying an additional 3,059 shares in the last quarter. JPMorgan Chase & Co. lifted its position in Metalla Royalty & Streaming by 42.1% during the second quarter. JPMorgan Chase & Co. now owns 14,071 shares of the company’s stock worth $54,000 after buying an additional 4,171 shares in the last quarter. Finally, Global Retirement Partners LLC acquired a new position in Metalla Royalty & Streaming during the fourth quarter worth $34,000. Hedge funds and other institutional investors own 17.82% of the company’s stock.
Metalla Royalty & Streaming Trading Up 1.9%
NYSEAMERICAN:MTA traded up $0.13 during trading hours on Friday, hitting $7.14. The company had a trading volume of 429,401 shares, compared to its average volume of 427,829. The company has a current ratio of 3.45, a quick ratio of 3.45 and a debt-to-equity ratio of 0.05. The company has a 50-day moving average of $7.23 and a 200 day moving average of $7.52. The company has a market cap of $667.16 million, a P/E ratio of -178.50 and a beta of 1.35. Metalla Royalty & Streaming Ltd. has a 1 year low of $3.77 and a 1 year high of $9.25.
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.
Featured Stories
- Five stocks we like better than Metalla Royalty & Streaming
- Starbucks Builds Sovereign AI to Cut $400 Million in Software Costs
- Power Struggle: Wolfspeed Sues Navitas Over AI Chips
- Why WD-40 Is Proving Great Businesses Never Go Out of Style
- Pushing the Edge: Super Micro Computer Reboots the AI Landscape
Want to see what other hedge funds are holding MTA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Metalla Royalty & Streaming Ltd. (NYSEAMERICAN:MTA – Free Report).
Receive News & Ratings for Metalla Royalty & Streaming Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Metalla Royalty & Streaming and related companies with MarketBeat.com's FREE daily email newsletter.
