In a report released today, Rene Cartier from BMO Capital maintained a Hold rating on Metalla Royalty & Streaming (MTA – Research Report), with a price target of $15.00. The company’s shares closed last Thursday at $10.15.
According to TipRanks.com, Cartier is a 5-star analyst with an average return of 53.9% and a 62.5% success rate. Cartier covers the Basic Materials sector, focusing on stocks such as Capstone Mining, Sandstorm Gold, and Taseko Mines.
Currently, the analyst consensus on Metalla Royalty & Streaming is a Moderate Buy with an average price target of $13.20.
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The company has a one-year high of $13.50 and a one-year low of $5.06. Currently, Metalla Royalty & Streaming has an average volume of 250.8K.
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Metalla Royalty & Streaming Ltd. engages in the acquisition and management of precious metal royalties, streams, and similar production-based interests. It focuses on producing endeavor and NLGM silver stream; development of Joaquin, Santa Gertrudis, Garrison, Hoyle Pond Extension, West Timmins Extension, and Zaruma royalties; and exploration of Akasaba West and DeSantis Mine royalties. The company was founded on May 11, 1983 and is headquartered in Vancouver, Canada.