Metalla Royalty and Streaming Ltd (AMEX:MTA) does about 321.56K shares in volume on a normal day but saw 690907 shares change hands in the recent trading day. The company now has a market cap of 359.66M USD. Its current market price is $3.92, marking a decrease of -0.51% compared to the previous close of $3.94. The 52 week high reached by this stock is $3.98 whilst the lowest price level in 52 weeks is $2.32.
Metalla Royalty and Streaming Ltd (MTA) has a 20-day trading average at $3.44 and the current price is -1.51% off the 52-week high compared with 68.97% distance from its 52-week low. The 50-day simple moving average of the closing price is $3.16 and its 200-day simple moving average is $2.99. If we look at the stock’s price movements over the week, volatility stands at 5.86%, which decreases to 4.86% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 72.46 to suggest the stock is overbought.
The consensus objective for the share price is $5.54, suggesting that the stock has a potential upside of 29.24% over the period.
The current price level is 13.99%, 24.24%, and 30.96% away from its SMA20, SMA50, and SMA200 respectively, with the MTA price moving below the 50-day SMA on current market day. Metalla Royalty and Streaming Ltd (MTA) stock is up 8.89% over the week and 19.88% over the past month. Its price is 27.27% year-to-date and 38.52% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and -0.05 for whole year. Expected sales for next quarter are $875k, which analysts say will come at $6.17M for the current fiscal year and next year at $16.47M.
To reach the target analysts have set, the stock logically needs to grow 29.24 percent from here.
Outstanding shares total 90.88M with insiders holding 13.74% of the shares and institutional holders owning 13.53% of the company’s common stock. The company has a return on investment of -2.86% and return on equity of -3.75%. The forward price to earnings ratio is 257.73. The beta has a value of 1.69. Price to book ratio is 1.42 and price to sales ratio is 75.09.
