Scotiabank Raises Metalla Royalty & Streaming Ltd. (MTA) Price Target to $9, Maintains Sector Perform

Group 1 - Scotiabank analyst Eric Winmill raised the price target on Metalla Royalty & Streaming Ltd. (NYSE:MTA) to $9 from $7.50, maintaining a Sector Perform rating due to higher gold and silver price assumptions amid economic uncertainty [1] - Metalla reported record royalty and streaming revenue of $11.7 million for 2025, a 99% year-over-year increase, with 3,436 attributable gold equivalent ounces, up 38% from 2024 [3] - The company faced operational challenges in Q4 and full-year deliveries due to ramp-up delays and a safety incident at Endeavor Mine, but emphasized ongoing developments across its portfolio [3] Group 2 - Significant milestones include a $600 million strategic investment by Mitsubishi in Hudbay's Copper World project and progress in permitting and studies at various projects, which support future royalty cash flows [4] - Metalla Royalty & Streaming Ltd. focuses on acquiring and managing precious metals royalties and streaming interests, primarily in gold and silver, and is recognized as one of the best Canadian growth stocks by hedge funds [5]