Metalla Royalty Streaming Stock Today

MTA Stock  CAD 4.28  0.16  3.60%   


0 of 100

Very Weak

Odds Of Distress

Less than 24

Metalla Royalty is selling for under 4.28 as of the 5th of December 2023; that is -3.6 percent decrease since the beginning of the trading day. The stock's lowest day price was 4.26. Metalla Royalty has about a 24 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Metalla Royalty Streaming are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of November 2023 and ending today, the 5th of December 2023. Click here to learn more.
Business Domain
Basic Materials
Metalla Royalty Streaming Ltd., a precious metals royalty and streaming company, engages in the acquisition and management of precious metal royalties, streams, and related production-based interests in Canada and Australia. Metalla Royalty Streaming Ltd. The company has 89.57 M outstanding shares of which 1.5 M shares are now shorted by private and institutional investors with about 33.64 days to cover all short positions. More on Metalla Royalty Streaming

Moving together with Metalla Stock

+0.62AVLAvalon Advanced MaterialsPairCorr
+0.74WRNWestern Copper AndPairCorr

Moving against Metalla Stock

-0.66RPI-UNRichards Packaging IncomePairCorr
Follow Valuation Odds of Bankruptcy
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Metalla Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Metalla Royalty's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Metalla Royalty or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
President CEO, DirectorBrett Heath
Business ConcentrationDiversified Metals & Mining, Other Precious Metals & Mining, Basic Materials (View all Sectors)
Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Metalla Royalty's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellOvervalued
Metalla Royalty Streaming (MTA) is traded on TSX Venture Exchange in Canada and employs 5 people. Metalla Royalty is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 387.83 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Metalla Royalty's market, we take the total number of its shares issued and multiply it by Metalla Royalty's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Metalla Royalty Streaming classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 89.57 M outstanding shares of which 1.5 M shares are now shorted by private and institutional investors with about 33.64 days to cover all short positions. Metalla Royalty Streaming has accumulated about 3.77 M in cash with (35.04 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03.
Check Metalla Royalty Probability Of Bankruptcy
Metalla Royalty Streaming holds a total of 89.57 Million outstanding shares. Metalla Royalty Streaming secures 8.49 % of its outstanding shares held by insiders and 13.87 % owned by institutional investors. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.

Ownership Allocation

Check Metalla Ownership Details

Metalla Stock Price Odds Analysis

Depending on a normal probability distribution, the odds of Metalla Royalty jumping above the current price in 90 days from now is about 44.43%. The Metalla Royalty Streaming probability density function shows the probability of Metalla Royalty stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Metalla Royalty has a beta of 0.0302. This indicates as returns on the market go up, Metalla Royalty average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Metalla Royalty Streaming will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Metalla Royalty Streaming is significantly underperforming NYSE Composite.
  Odds Below 4.28HorizonTargetOdds Above 4.28
55.44%90 days
Based on a normal probability distribution, the odds of Metalla Royalty to move above the current price in 90 days from now is about 44.43 (This Metalla Royalty Streaming probability density function shows the probability of Metalla Stock to fall within a particular range of prices over 90 days) .

Metalla Royalty Streaming Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Metalla Royalty market risk premium is the additional return an investor will receive from holding Metalla Royalty long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Metalla Royalty. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Metalla Royalty's alpha and beta are two of the key measurements used to evaluate Metalla Royalty's performance over the market, the standard measures of volatility play an important role as well.

Metalla Stock Against Markets

Picking the right benchmark for Metalla Royalty stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Metalla Royalty stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Metalla Royalty is critical whether you are bullish or bearish towards Metalla Royalty Streaming at a given time. Please also check how Metalla Royalty's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Metalla Royalty without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Metalla Royalty Corporate Directors

Metalla Royalty corporate directors refer to members of a Metalla Royalty board of directors. The board of directors generally takes responsibility for the Metalla Royalty's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Metalla Royalty's board members must vote for the resolution. The Metalla Royalty board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Alexander MolyneuxNon-Executive Independent DirectorProfile
Frank HanagarneNon-Executive Independent DirectorProfile
E TuckerNon-Executive Independent DirectorProfile
James BeebyDirectorProfile

How to buy Metalla Stock?

Before investing in Metalla Royalty, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Metalla Royalty. To buy Metalla Royalty stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Metalla Royalty. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Metalla Royalty stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Metalla Royalty Streaming stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Metalla Royalty Streaming stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Metalla Royalty Streaming, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Metalla Stock please use our How to Invest in Metalla Royalty guide.

Already Invested in Metalla Royalty Streaming?

The danger of trading Metalla Royalty Streaming is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Metalla Royalty is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Metalla Royalty. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Metalla Royalty Streaming is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Metalla Royalty Streaming offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Metalla Royalty's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Metalla Royalty Streaming Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Metalla Royalty Streaming Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Metalla Royalty Streaming. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

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When running Metalla Royalty's price analysis, check to measure Metalla Royalty's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Metalla Royalty is operating at the current time. Most of Metalla Royalty's value examination focuses on studying past and present price action to predict the probability of Metalla Royalty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Metalla Royalty's price. Additionally, you may evaluate how the addition of Metalla Royalty to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Metalla Royalty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Metalla Royalty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Metalla Royalty's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.