METALLA REPORTS FINANCIAL RESULTS FOR THE FIRST QUARTER OF 2025 AND PROVIDES ASSET UPDATES

Core Insights - Metalla Royalty & Streaming Ltd. reported its operating and financial results for Q1 2025, highlighting progress in its royalty portfolio and various asset updates [1][2]. Company Highlights - The company recognized revenue from royalty and stream interests of $1.7 million, with a net loss of $0.7 million and Adjusted EBITDA of $0.9 million for the three months ended March 31, 2025 [5]. - Metalla accrued a total of 628 attributable Gold Equivalent Ounces (GEOs) during the quarter, with an average realized price of $2,855 per GEO and an average cash cost of $11 per GEO [5][54][55]. Asset Updates - Tocantinzinho: G Mining Ventures reported Q1 2025 gold production of 36 Koz, with production guidance reaffirmed at 175 to 200 Koz for the year [3][4]. - Wharf: Coeur Mining reported Q1 production of 20.5 Koz gold, with full-year guidance maintained at 90-100 Koz [7][8]. - Aranzazu: Aura Minerals confirmed a 10-year mine life and projected average annual production of 28.1 million pounds of copper, 25.2 Koz of gold, and 652 Koz of silver [10][11]. - La Guitarra: Sierra Madre commenced underground mining at the Coloso mine, which has higher grades than the initial mining front [13][15]. - Endeavor: Polymetals reported that redevelopment activities are on schedule, with first ore processing expected in May 2025 [19][20]. - Côté-Gosselin: IAMGOLD completed 12,000 meters of drilling at the Gosselin deposit, with plans for further drilling in 2025 [21][22]. Financial Performance - The company generated an operating cash margin of $2,844 per attributable GEO from various royalty interests [5]. - Adjusted working capital as of March 31, 2025, was reported at $11.768 million, reflecting a strong liquidity position [59]. Future Outlook - Metalla's diversified portfolio and ongoing exploration and development activities across its assets position the company for potential growth in the upcoming commodities cycle [50].