Core Viewpoint - Metalla Royalty & Streaming Ltd. (MTA) has received a Zacks Rank 2 (Buy) due to an upward trend in earnings estimates, indicating a positive outlook for the company's stock price [1][3]. Earnings Estimates and Stock Performance - The Zacks rating system emphasizes the importance of earnings estimate revisions, which are strongly correlated with near-term stock price movements [4][6]. - For Metalla Royalty & Streaming, the expected earnings for the fiscal year ending December 2024 are -$0.07 per share, reflecting a year-over-year change of 36.4% [8]. - Over the past three months, the Zacks Consensus Estimate for the company has increased by 8.3%, indicating a positive trend in earnings expectations [8]. Zacks Rating System - The Zacks Rank stock-rating system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 (Strong Buy) stocks historically generating an average annual return of +25% since 1988 [7]. - The upgrade of Metalla Royalty & Streaming to a Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [10][11].

Core Insights - Metalla Royalty & Streaming Ltd. achieved significant milestones in Q3 2024, including receiving its first royalty payments from Tocantinzinho and La Guitarra, with expectations for continued production scaling into 2025 [2][3] Financial Performance - For Q3 2024, Metalla received or accrued payments on 648 attributable Gold Equivalent Ounces (GEOs) at an average realized price of $2,481 and an average cash cost of $9 per attributable GEO [3][49] - The company recognized revenue from royalty and stream interests of $1.6 million, with a net loss of $1.2 million and Adjusted EBITDA of $0.9 million for the same period [3][52] - For the nine months ended September 30, 2024, Metalla accrued payments on 1,673 attributable GEOs at an average realized price of $2,292 and an average cash cost of $11 per attributable GEO, resulting in total revenue of $3.8 million and a net loss of $4.4 million [3][49] Asset Updates - Tocantinzinho achieved commercial production with a mill operating at 76% of nameplate throughput, processing 304 kilotonnes of ore at a recovery rate of 88% [5][6] - Metalla accrued 67 GEOs from Tocantinzinho and holds a 0.75% GVR royalty on the project [6] - Wharf reported production of 33.7 Koz gold in Q3 2024, with Metalla accruing 268 GEOs from the mine, where it holds a 1.0% GVR royalty [7][8] - Aranzazu produced 24,486 GEOs in Q3 2024, with Metalla accruing 196 GEOs from the mine, holding a 1.0% NSR royalty [9][11] - La Guitarra achieved daily throughput rates averaging 350 tpd, generating over $2.4 million in revenue since mining commenced, with Metalla accruing 20 GEOs [14][15] Strategic Developments - The company adopted a minimum share ownership policy for directors and officers to align their financial interests with shareholders [4] - Metalla appointed Jason Cho as President, who made a C$1.0 million equity investment in the company [3] Future Outlook - Metalla anticipates production from Amalgamated Kirkland and Endeavor to begin in Q4 2024 and H1 2025, respectively, which is expected to accelerate the company's GEO growth trajectory [2]

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government. S ...

(All dollar amounts are in thousands of United States dollars unless otherwise indicated, except for shares, per ounce, and per share amounts) TSXV: MTA NYSE American: MTA VANCOUVER, BC, Aug. 14, 2024 /PRNewswire/ - Metalla Royalty & Streaming Ltd. ("Metalla" or the "Company") (TSXV: MTA) (NYSE American: MTA) announces its operating and financial results for the three and six months ended June 30, 2024. For complete details of the condensed interim consolidated financial statements and accompanying manageme ...

TSXV: MTA NYSE AMERICAN: MTA Mr. Cho commented, "I am enthusiastic to partner with Brett and the Metalla team at such a pivotal time as the Company advances its path towards building a leading royalty company and more fully realizes value within its existing portfolio of high quality assets." JASON CHO PRIVATE PLACEMENT Effective July 23, 2024, Metalla has granted, in accordance with the Company's share compensation plan, an aggregate of 250,000 restricted share units (each "RSU") and an aggregate of 150,00 ...

Metalla Royalty & Streaming Ltd. Website: www.metallaroyalty.com This press release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of applicable securities legislation. The forward-looking statements herein are made as of the date of this press release only and the Company does not intend to and does not assume any obligation to update or revise them except as required by applicable law. acquiring, investing in or devel ...

Core Viewpoint - Metalla Royalty & Streaming Ltd. successfully held its annual general meeting, with shareholders approving all proposed matters, reflecting strong support for the company's governance and strategic direction [1][2]. Voting Results - A total of 43,568,399 shares were represented at the meeting, accounting for 47.62% of the company's issued and outstanding common shares [1]. - The election of directors received significant support, with Brett Heath receiving 94.86% approval, Lawrence Roulston 92.06%, Alexander Molyneux 94.38%, James Beeby 96.70%, and Amanda Johnston 96.55% [2]. - The appointment of auditors was approved with 99.10% of votes in favor [2]. - The Share Compensation Plan was approved with 93.06% of votes for and 6.94% against [2]. Company Overview - Metalla is focused on precious and base metals, particularly gold, silver, and copper royalties and streams, providing shareholders with leveraged exposure through a diversified portfolio [3]. - The company aims to establish itself as a leading player in the precious metals sector, supported by a strong asset base and an experienced management team [3].

CONDENSED INTERIM CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (Unaudited - Expressed in thousands of United States dollars) CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS (Unaudited - Expressed in Thousands of United States Dollars) FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2023 AND 2022 METALLA ROYALTY & STREAMING LTD. | | | As at | | | | | --- | --- | --- | --- | --- | --- | | | | September 30, | | | December 31, | | | Notes | | 2023 | | 2022 | | ASSETS | | | | | | | Current assets | | | | ...

(All dollar amounts are in United States dollars unless otherwise indicated) FOR IMMEDIATE RELEASE TSXV: MTA METALLA REPORTS FINANCIAL RESULTS FOR THE 2022 FISCAL YEAR AND PROVIDES ASSET UPDATES NYSE American: MTA March 31, 2023 Vancouver, Canada: Metalla Royalty & Streaming Ltd. ("Metalla" or the "Company") (TSXV: MTA) (NYSE American: MTA) announces its operating and financial results for the year ended December 31, 2022. Metalla has also filed with the U.S. Securities and Exchange Commission (the "SEC") i ...