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MTA

Metalla Royalty & Streaming TSXV:MTA Stock Report

Last Price

CA$6.40

Market Cap

CA$285.8m

7D

-5.5%

1Y

-40.0%

Updated

28 Jun, 2022

Data

Company Financials +
MTA fundamental analysis
Snowflake Score
Valuation0/6
Future Growth2/6
Past Performance0/6
Financial Health2/6
Dividends0/6

MTA Stock Overview

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, Australia, Argentina, Mexico, and the United States.

Metalla Royalty & Streaming Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Metalla Royalty & Streaming
Historical stock prices
Current Share PriceCA$6.40
52 Week HighCA$11.25
52 Week LowCA$6.12
Beta1.16
1 Month Change-10.62%
3 Month Change-28.33%
1 Year Change-40.02%
3 Year Change56.86%
5 Year Change201.89%
Change since IPO-55.56%

Recent News & Updates

May 11
Here's Why Metalla Royalty & Streaming (CVE:MTA) Can Afford Some Debt

Here's Why Metalla Royalty & Streaming (CVE:MTA) Can Afford Some Debt

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Shareholder Returns

MTACA Metals and MiningCA Market
7D-5.5%-5.9%-0.4%
1Y-40.0%-12.1%-2.9%

Return vs Industry: MTA underperformed the Canadian Metals and Mining industry which returned -10.5% over the past year.

Return vs Market: MTA underperformed the Canadian Market which returned -2.6% over the past year.

Price Volatility

Is MTA's price volatile compared to industry and market?
MTA volatility
MTA Average Weekly Movement8.6%
Metals and Mining Industry Average Movement11.0%
Market Average Movement10.1%
10% most volatile stocks in CA Market17.3%
10% least volatile stocks in CA Market4.4%

Stable Share Price: MTA is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: MTA's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19837Brett Heathhttps://www.metallaroyalty.com

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, Australia, Argentina, Mexico, and the United States. It focuses on gold and silver streams and royalties. The company was formerly known as Excalibur Resources Ltd.

Metalla Royalty & Streaming Fundamentals Summary

How do Metalla Royalty & Streaming's earnings and revenue compare to its market cap?
MTA fundamental statistics
Market CapUS$221.74m
Earnings (TTM)-US$10.28m
Revenue (TTM)US$2.96m

74.8x

P/S Ratio

-21.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MTA income statement (TTM)
RevenueUS$2.96m
Cost of RevenueUS$0
Gross ProfitUS$2.96m
Other ExpensesUS$13.25m
Earnings-US$10.28m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.23
Gross Margin100.00%
Net Profit Margin-346.84%
Debt/Equity Ratio10.6%

How did MTA perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is MTA undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for MTA?

Other financial metrics that can be useful for relative valuation.

MTA key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue77.3x
Enterprise Value/EBITDA-34.2x
PEG Ration/a

Price to Book Ratio vs Peers

How does MTA's PB Ratio compare to its peers?

MTA PB Ratio vs Peers
The above table shows the PB ratio for MTA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPBEstimated GrowthMarket Cap
Peer Average2.1x
LUC Lucara Diamond
0.8x33.2%CA$272.1m
EU enCore Energy
1.9xn/aCA$408.2m
PTM Platinum Group Metals
4.1xn/aCA$176.8m
DV Dolly Varden Silver
1.7xn/aCA$156.8m
MTA Metalla Royalty & Streaming
2.2x14.6%CA$285.8m

Price-To-Book vs Peers: MTA is expensive based on its Price-To-Book Ratio (2.2x) compared to the peer average (2.1x).


Price to Earnings Ratio vs Industry

How does MTA's PE Ratio compare vs other companies in the CA Metals and Mining Industry?

Price-To-Book vs Industry: MTA is expensive based on its Price-To-Book Ratio (2.2x) compared to the Canadian Metals and Mining industry average (1.7x)


Price to Book Ratio vs Fair Ratio

What is MTA's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

MTA PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio2.2x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate MTA's Price-To-Book Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of MTA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: MTA (CA$6.4) is trading above our estimate of fair value (CA$1.81)

Significantly Below Fair Value: MTA is trading above our estimate of fair value.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate MTA's PEG Ratio to determine if it is good value.


Discover undervalued companies

Future Growth

How is Metalla Royalty & Streaming forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

Future Growth Score

2/6

Future Growth Score 2/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


14.6%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MTA is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: MTA is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: MTA is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: MTA's revenue (53.1% per year) is forecast to grow faster than the Canadian market (7% per year).

High Growth Revenue: MTA's revenue (53.1% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if MTA's Return on Equity is forecast to be high in 3 years time


Discover growth companies

Past Performance

How has Metalla Royalty & Streaming performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-44.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: MTA is currently unprofitable.

Growing Profit Margin: MTA is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: MTA is unprofitable, and losses have increased over the past 5 years at a rate of 44.4% per year.

Accelerating Growth: Unable to compare MTA's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: MTA is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-5.8%).


Return on Equity

High ROE: MTA has a negative Return on Equity (-10.09%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is Metalla Royalty & Streaming's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: MTA's short term assets ($7.6M) exceed its short term liabilities ($570.7K).

Long Term Liabilities: MTA's short term assets ($7.6M) do not cover its long term liabilities ($11.3M).


Debt to Equity History and Analysis

Debt Level: MTA's net debt to equity ratio (7.4%) is considered satisfactory.

Reducing Debt: MTA's debt to equity ratio has increased from 8.1% to 10.6% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: MTA has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if MTA has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Discover healthy companies

Dividend

What is Metalla Royalty & Streaming current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate MTA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate MTA's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if MTA's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if MTA's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: MTA is not paying a notable dividend for the Canadian market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as MTA has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

4.3yrs

Average management tenure


CEO

Brett Heath

5.75yrs

Tenure

US$1,103,904

Compensation

Mr. Brett Heath, B.Sc., serves as Non-Executive Chairman and Director at Nova Royalty Corp. since September 30, 2020. He has been the Chief Executive Officer of Metalla Royalty & Streaming Ltd. (formerly k...


CEO Compensation Analysis

Compensation vs Market: Brett's total compensation ($USD1.10M) is above average for companies of similar size in the Canadian market ($USD740.20K).

Compensation vs Earnings: Brett's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: MTA's management team is considered experienced (4.3 years average tenure).


Board Members

Experienced Board: MTA's board of directors are considered experienced (4.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: MTA insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.1%.


Top Shareholders

Company Information

Metalla Royalty & Streaming Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Metalla Royalty & Streaming Ltd.
  • Ticker: MTA
  • Exchange: TSXV
  • Founded: 1983
  • Industry: Precious Metals and Minerals
  • Sector: Materials
  • Implied Market Cap: CA$285.825m
  • Shares outstanding: 44.66m
  • Website: https://www.metallaroyalty.com

Number of Employees


Location

  • Metalla Royalty & Streaming Ltd.
  • 543 Granville Street
  • Suite 501
  • Vancouver
  • British Columbia
  • V6C 1X8
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/28 00:00
End of Day Share Price2022/06/28 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.