Metalla Royalty and Streaming Ltd (MTA) Down -26.23% From Its 52-Week High, But Growth Potential Is Changing Over Time

Metalla Royalty and Streaming Ltd (AMEX:MTA) currently has a daily average trading volume of 365.37K but it saw 249283 shares traded in last market. With a market cap of 276.44M USD, the company’s current market price of $3.01 came rising about 1.01 while comparing to the previous closing price of $2.98. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.08 and as low as $2.32. In the recent trading on the day, stock has struck highest price mark of $2.98 while lowest mark touched by it was $3.0473.

Taking a look at 20-day trading activity of Metalla Royalty and Streaming Ltd (MTA) gives us an average price of $3.22, while its current price level is -26.23% below from 52-week high level whereas it is 29.74% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $3.38 while that of 200 days or SMA-200 reads an average of $3.05. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.22% during that period while stretching the period over a month that increases to 4.81%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 40.17 which implies that the stock is in neutral territory.

Over the week, MTA’s stock price is moving -2.27% down while it is -21.41% when we observe its performance for the past one month. Year-to-date it is -2.27% down and over the past year, the stock is showing a downside performance of -9.61%.

Currently, Metalla Royalty and Streaming Ltd’s total number of outstanding shares is 90.88M. Company’s return on investment (ROI) stands at -2.48% and return on equity (ROE) at -3.27%. It has a 301.00 of forward P/E ratio. Stock’s beta reads 1.61. Stock has a price to book (P/B) ratio of 1.09 while price to sale or P/S ratio amounts to 54.74. Its return on asset (ROA) is -3.08% on average.