In the past week, MTA stock has gone up by 10.15%, with a monthly gain of 18.54% and a quarterly surge of 16.23%. The volatility ratio for the week is 5.05%, and the volatility levels for the last 30 days are 4.50% for Metalla Royalty and Streaming Ltd. The simple moving average for the past 20 days is 9.95% for MTA’s stock, with a 20.58% simple moving average for the past 200 days.
Is It Worth Investing in Metalla Royalty and Streaming Ltd (AMEX: MTA) Right Now?
The 36-month beta value for MTA is at 1.68. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 1 as “hold,” and 0 as “sell.”
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The public float for MTA is 72.54M, and currently, shorts hold a 1.40% of that float. The average trading volume for MTA on October 11, 2024 was 300.21K shares.
MTA) stock’s latest price update
The stock price of Metalla Royalty and Streaming Ltd (AMEX: MTA) has jumped by 12.58 compared to previous close of 3.18. Despite this, the company has seen a gain of 10.15% in its stock price over the last five trading days. seekingalpha.com reported 2024-09-30 that Metalla Royalty went from paying one of the highest dividend yields in the industry to not being able to cover its general and administrative expenses with royalty revenues. The share price is now close to where it started trading on the TSX Venture Exchange in 2018, although gold prices more than doubled from the USD$1,300 level of 2016. I am naturally attracted to situations in which there are a lot of disillusioned shareholders around, as they create low expectations and convex payoffs.
MTA Trading at 20.09% 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 -1.92% of loss for the given period.
Volatility was left at 4.50%, however, over the last 30 days, the volatility rate increased by 5.05%, as shares surge +11.18% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +20.95% upper at present.
During the last 5 trading sessions, MTA rose by +10.15%, which changed the moving average for the period of 200-days by +16.23% in comparison to the 20-day moving average, which settled at $3.26. In addition, Metalla Royalty and Streaming Ltd saw 16.23% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for MTA
Current profitability levels for the company are sitting at:
- -2.0 for the present operating margin
- 0.44 for the gross margin
The net margin for Metalla Royalty and Streaming Ltd stands at -1.13. The total capital return value is set at -0.03. Equity return is now at value -3.75, with -3.49 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 -9.84.
Currently, EBITDA for the company is -5.03 million with net debt to EBITDA at 2.03. When we switch over and look at the enterprise to sales, we see a ratio of 140.6. The receivables turnover for the company is 1.08for trailing twelve months and the total asset turnover is 0.02. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.81.
Conclusion
In conclusion, Metalla Royalty and Streaming Ltd (MTA) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
