23:54:32 EDT Mon 30 Jun 2025
Enter Symbol
or Name
USA
CA



Metalla Royalty and Streaming Ltd (2)
Symbol MTA
Shares Issued 92,494,776
Close 2025-05-20 C$ 4.08
Market Cap C$ 377,378,686
Recent Sedar Documents

Globe says Nagle keeps Metalla Royalty at "outperform"

2025-05-20 08:43 ET - In the News

The Globe and Mail reports in its Wednesday, May 21, edition that National Bank Financial analyst Shane Nagle has reaffirmed his "outperform" recommendation for Metalla Royalty and Streaming. The Globe's David Leeder writes in the Eye On Equities column that Mr. Nagle gave his share target a 25-cent trim to $6.50. Analysts on average target the shares at $7.55. Mr. Nagle says in a note: "Our $6.50 target price (was $6.75) has been lowered modestly as we have adjusted ramp-up and production estimates for 2025 and adopt a more conservative assumption on longer-dated assets including Taca Taca, West Wall and Castle Mountain. Our 'outperform' rating is based on the company's strong growth outlook, diversified portfolio and high-quality counter parties. We believe Metalla Royalty's valuation has been restricted by its development-heavy portfolio, with 80 per cent of NAV in development/exploration stage, including four projects (corresponding to 17 per cent of NAV) expected to begin producing by the end of 2025; a step-change in FCF should drive a re-rating." The Globe reported on Oct. 23 that Mr. Nagle rated Metalla Royalty and Streaming "outperform" in new coverage. The shares could then be had for $5.44.

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