Two Sigma Securities LLC Raises Stock Holdings in Metalla Royalty & Streaming Ltd. (NYSEMKT:MTA)

Two Sigma Securities LLC boosted its position in Metalla Royalty & Streaming Ltd. (NYSEMKT:MTA) by 55.5% in the fourth quarter, HoldingsChannel.com reports. The firm owned 15,841 shares of the company’s stock after acquiring an additional 5,655 shares during the period. Two Sigma Securities LLC’s holdings in Metalla Royalty & Streaming were worth $40,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. JPMorgan Chase & Co. acquired a new stake in Metalla Royalty & Streaming in the third quarter worth about $31,000. Sentry Investment Management LLC purchased a new stake in Metalla Royalty & Streaming during the 4th quarter worth approximately $49,000. Raymond James Financial Inc. acquired a new position in Metalla Royalty & Streaming during the 4th quarter valued at approximately $57,000. HighTower Advisors LLC raised its holdings in shares of Metalla Royalty & Streaming by 572.5% in the fourth quarter. HighTower Advisors LLC now owns 135,224 shares of the company’s stock worth $339,000 after buying an additional 115,116 shares during the last quarter. Finally, Renaissance Technologies LLC lifted its stake in shares of Metalla Royalty & Streaming by 200.3% during the fourth quarter. Renaissance Technologies LLC now owns 263,091 shares of the company’s stock worth $660,000 after buying an additional 175,491 shares during the period. 17.82% of the stock is currently owned by institutional investors.

Metalla Royalty & Streaming Trading Down 3.7 %

Shares of NYSEMKT:MTA opened at $2.88 on Friday. The firm has a market cap of $266.39 million, a P/E ratio of -36.00 and a beta of 1.65. The stock has a fifty day simple moving average of $2.93 and a 200 day simple moving average of $3.00.

Wall Street Analyst Weigh In

Separately, Scotiabank restated a “sector perform” rating and issued a $4.50 target price on shares of Metalla Royalty & Streaming in a research note on Wednesday, January 15th.

Metalla Royalty & Streaming Profile

Metalla Royalty & Streaming Ltd., a precious metals royalty and streaming company, engages in the acquisition and management of gold, silver, copper royalties, streams, and related production-based interests in Canada. It operates in Australia, Argentina, Mexico, Canada, Tanzania, Ecuador, Peru, Chile, Brazil, Venezuela, and the United States.