The stock of Metalla Royalty and Streaming Ltd (MTA) has seen a -4.98% decrease in the past week, with a 3.74% gain in the past month, and a 4.10% flourish in the past quarter. The volatility ratio for the week is 5.27%, and the volatility levels for the past 30 days are at 5.68% for MTA. The simple moving average for the last 20 days is -4.79% for MTA stock, with a simple moving average of -6.68% for the last 200 days.
Is It Worth Investing in Metalla Royalty and Streaming Ltd (AMEX: MTA) Right Now?
MTA has 36-month beta value of 1.62. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for MTA is 71.71M, and currently, short sellers hold a 1.65% ratio of that float. The average trading volume of MTA on April 26, 2024 was 480.12K shares.
MTA) stock’s latest price update
Metalla Royalty and Streaming Ltd (AMEX: MTA)’s stock price has plunge by 0.66relation to previous closing price of 3.03. Nevertheless, the company has seen a -4.98% plunge in its stock price over the last five trading sessions. Seeking Alpha reported 2023-10-05 that Metalla Royalty & Streaming Ltd. announced a merger with Nova Royalty Corp., causing a significant drop in stock price. The merger is an attempt by Metalla to enter the copper market and expand its portfolio. Metalla reported revenues of $0.96 million for Q2 2023, with a net loss of $0.49 million. Free cash flow is $0.77 million.
MTA Trading at 4.04% from the 50-Day Moving Average
After a stumble in the market that brought MTA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -43.44% of loss for the given period.
Volatility was left at 5.68%, however, over the last 30 days, the volatility rate increased by 5.27%, as shares surge +0.33% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +20.55% upper at present.
During the last 5 trading sessions, MTA fell by -4.98%, which changed the moving average for the period of 200-days by -31.00% in comparison to the 20-day moving average, which settled at $3.20. In addition, Metalla Royalty and Streaming Ltd saw -0.97% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for MTA
Current profitability levels for the company are sitting at:
- -1.92 for the present operating margin
- 0.46 for the gross margin
The net margin for Metalla Royalty and Streaming Ltd stands at -2.23. The total capital return value is set at -0.06. Equity return is now at value -3.14, with -2.87 for asset returns.
Based on Metalla Royalty and Streaming Ltd (MTA), the company’s capital structure generated 0.03 points at debt to capital in total, while cash flow to debt ratio is standing at 0.33. The debt to equity ratio resting at 0.03. The interest coverage ratio of the stock is -6.85.
Currently, EBITDA for the company is -5.03 million with net debt to EBITDA at 0.63. When we switch over and look at the enterprise to sales, we see a ratio of 70.37. The receivables turnover for the company is 1.82for trailing twelve months and the total asset turnover is 0.03. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.52.
Conclusion
To put it simply, Metalla Royalty and Streaming Ltd (MTA) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
