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Metalla Royalty & Streaming Ltd. (MTA) stock

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NYSE: MTA NYSE Diversified Metals & Mining Next results ~November 12, 2026

B Fundamentals grade

Metalla Royalty & Streaming Ltd. is a US-listed company in the diversified metals & mining industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

Under review: every model's value for Metalla Royalty & Streaming Ltd. is far from the share price, which usually points to a data problem (a merger, a share-count change, a one-off) rather than a bargain or a bubble.

Price vs value

Under review: cash-flow, stock-pay or share-count figures missing or out of date. We'll show the comparison once resolved.

Metalla Royalty & Streaming Ltd. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Funds38 adding, 58 cuttingOf 19 active managers that changed their stake, 5 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Metalla Royalty & Streaming files

Where Metalla Royalty & Streaming stands after its latest Filing

Revenue for the twelve months was $12m, up 99.6% on a year earlier, faster than the 28.0% growth a quarter earlier. That growth ranks 2 of 17 among the diversified metals & mining companies we cover. Against its peers on growth, profitability, cash generation and balance sheet, it grades B. It passes 5 of our 7 financial-health checks.

Our model value for Metalla Royalty & Streaming is under review, so past values are not shown until it is resolved.

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 12, 2026 (estimated)

Where it stands out: change in growth rate of +71.6pp ranks 1 of 16 diversified metals & mining companies we cover. Where it lags: days sales outstanding of 136 days ranks 11 of 12 diversified metals & mining companies we cover.

Current signal Revenue growth accelerating: TTM revenue growth rose to 99.6% (+71.6pp vs the prior quarter).

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Fast growth. Revenue grew 99.6% over the last 12 months, against a median of 14.6% for diversified metals & mining companies we cover.
  • Growth speeding up. The growth rate is 71.6 points higher than a quarter earlier.
  • Margins widening. Operating margin is up 75.6 points on a year ago.
  • Estimates rising. Analysts' consensus for next year's earnings per share has risen 6.8% over 90 days.

Things to watch

  • Loss-making. Operating margin is -0.5%: costs exceed revenue.
  • Below peers: days sales outstanding. Days sales outstanding of 136 days ranks 11 of 12 diversified metals & mining companies we cover (median 37 days).
  • Missing expectations. Earnings per share fell short of the consensus estimate in 2 of the last four quarters.

Latest results

Earnings per share
$0.01 against an average estimate of $0.01: beat by 94.9%
Next report
November 12, 2026; average EPS estimate $0.01

Metalla Royalty & Streaming's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+1.2%
  • 1 week-0.1%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$11.7M
Operating margin
-0.5%
Net margin
-36.1%
EPS (TTM, diluted)
$-0.05

Growth

Revenue growth
+99.6%
Change in growth rate
+71.6 pts
Share count change
+1.1%

News & updates

Updated November 2, 2026

Company announcements, filed results and changes that matter to shareholders.

No recent updates are available for MTA from the sources we follow. See filings →

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Metalla Royalty & Streaming Ltd. valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: cash-flow, stock-pay or share-count figures missing or out of date.

The inputs used by the models below have passed source checks. Individual model values are available below and in the interactive valuator. Their differences are shown explicitly; the platform combined value and recommendation remain withheld.

Valuation models

We value Metalla Royalty & Streaming Ltd. as an operating company, with every model that fits that kind of business. Cost of equity 10.9%: the 10-year Treasury yield (4.9%) plus a beta of 1.33 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$1.4 ~$1.2–$3.3 Left out: out of range vs price (0.19x)
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. — Does not apply: This model is withheld pending its input or assumption review.
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. — Does not apply: This model is withheld pending its input or assumption review.
Revenue-to-maturity model Revenue grown to maturity with the cash margin moving to the industry's; for companies not yet profitable. — Does not apply: This model is withheld pending its input or assumption review.
Forward price-to-sales vs peers Next year's consensus sales per share times peers' typical forward price-to-sales; only when earnings are negative. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$1.0 ~$0.8–$2.6 Left out: out of range vs price (0.13x)
Combined value Individual source-checked model scenarios are available. The platform combined value and recommendation remain withheld. — Combined value withheld. Review the individual models and their assumptions.

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Metalla Royalty & Streaming Ltd. with Diversified Metals & Mining in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Low.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 12, 2026, after the close. Analysts expect revenue of $6m and EPS of $0.01 (range $0.01 to $0.02) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $0.05 +258% — —
Next $0.16 +215% $58m —

Next year's EPS estimate has moved +6.8% in 90 days, across 4 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +5.3% on 90 days ago. In the last 30 days, 1 analyst raised Metalla Royalty & Streaming Ltd.'s forecast and 0 cut it.

Consensus EPS forecast Metalla Royalty & Streaming Ltd., last 90 days
$0.00 $0.05 $0.10 $0.15 $0.20 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $0.05 Current fiscal year, 60 days ago: $0.06 Current fiscal year, 30 days ago: $0.06 Current fiscal year, 7 days ago: $0.06 Current fiscal year, Now: $0.05 $0.05 Next fiscal year, 90 days ago: $0.15 Next fiscal year, 60 days ago: $0.15 Next fiscal year, 30 days ago: $0.15 Next fiscal year, 7 days ago: $0.15 Next fiscal year, Now: $0.16 $0.16

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $0.05$0.15
60 days ago $0.06$0.15
30 days ago $0.06$0.15
7 days ago $0.06$0.15
Now $0.05$0.16

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 $0.01 $0.01 +94.9%
Mar 2026 $0.01 $0.00 −82.7%
Dec 2025 $0.01 −$0.03 −295.8%
Sept 2025 $0.01 $0.01 +25.0%

Adjusted EPS as companies report it, against the average analyst estimate.

Analyst recommendations

4 analysts, Nov 2026
Buy375%
Hold125%
Sell00%

Monthly trend

  1. Nov 20261214
  2. Oct 20261214
  3. Sep 20261214

Counts of recommendations published by analysts covering Metalla Royalty & Streaming Ltd., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
—
of tradable shares
Days to cover
4.88
at average volume
Short interest, 1 month
−24%
to October 15, 2026
Held by institutions
32%
of shares
Held by insiders
29.0%
of shares
Employees
7
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Recent prices are available. Older price history and the statistics that need it are being loaded in the background.

Price behaviour

52-week range
Not enough history
From 52-week high
—
vs 50-day average
—
vs 200-day average
—
Volatility (1 year)
—
Beta vs S&P 500
—

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Fundamentals

Revenue (TTM) Metalla Royalty & Streaming Ltd.
$0 $5M $10M $15M FY20 Q2 FY21 Q4 FY22 Q4 FY23 Q4 FY24 Q4 FY25 Q4 Revenue (TTM), FY20 Q2: $2.8M Revenue (TTM), FY21 Q4: $3M Revenue (TTM), FY22 Q4: $2.4M Revenue (TTM), FY23 Q4: $4.6M Revenue (TTM), FY24 Q4: $5.9M Revenue (TTM), FY25 Q4: $11.7M $11.7M

Source: SEC EDGAR filings. Retrieved November 1, 2026.

View chart data
Period Revenue (TTM)
FY20 Q2 $2.8M
FY21 Q4 $3M
FY22 Q4 $2.4M
FY23 Q4 $4.6M
FY24 Q4 $5.9M
FY25 Q4 $11.7M
Revenue growth, TTM YoY Metalla Royalty & Streaming Ltd.
-50% 0% 50% 100% FY22 Q4 FY23 Q4 FY24 Q4 FY25 Q4 Revenue growth, TTM YoY, FY22 Q4: -18.7% Revenue growth, TTM YoY, FY23 Q4: 90.4% Revenue growth, TTM YoY, FY24 Q4: 28.0% Revenue growth, TTM YoY, FY25 Q4: 99.6% 99.6%

Source: SEC EDGAR filings. Retrieved November 1, 2026.

View chart data
Period Revenue growth, TTM YoY
FY22 Q4 -18.7%
FY23 Q4 90.4%
FY24 Q4 28.0%
FY25 Q4 99.6%
Operating margin (TTM) Metalla Royalty & Streaming Ltd.
-600% -400% -200% 0% FY22 Q4 FY23 Q4 FY24 Q4 FY25 Q4 Operating margin (TTM), FY22 Q4: -407.0% Operating margin (TTM), FY23 Q4: -159.6% Operating margin (TTM), FY24 Q4: -76.1% Operating margin (TTM), FY25 Q4: -0.5% -0.5%

Source: SEC EDGAR filings. Retrieved November 1, 2026.

View chart data
Period Operating margin (TTM)
FY22 Q4 -407.0%
FY23 Q4 -159.6%
FY24 Q4 -76.1%
FY25 Q4 -0.5%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 40-F, 40-F/A. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2020 May 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025
Income
Revenue 3 3 2 5 6 12
Gross profit 1 1 1 2 3 9
Operating income — — −10 −7 −4 −0
Net income −4 −10 −11 −6 −5 −4
Diluted EPS −$0.13 −$0.24 −$0.24 −$0.11 −$0.06 −$0.05
Growth (year on year)
Revenue — +7.3% −18.7% +90.4% +28.0% +99.6%
Margins
Gross margin 36.5% 21.0% 25.1% 48.0% 57.3% 80.9%
Operating margin — — −407.0% −159.6% −76.1% −0.5%
Net margin −159.7% −351.1% −452.9% −127.0% −93.1% −36.1%
Cash flow
Cash from operations −1 0 −0 1 −3 4
Balance sheet
Cash — 2 5 14 10 10
Total debt 4 11 11 14 13 12
Net debt (negative = net cash) — 8 6 −0 3 2
Diluted shares 34m 43m 45m 55m 92m 93m
Returned to shareholders
Dividends 1 0 0 1 0 —
Total returned 1 0 0 1 0 —

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

5 of 7 checks passed · December 31, 2025
What it owns · $271m
Short-term assets $15mLonger-term assets $255m
What it owes, and who funded it · $271m
Short-term liabilities $6mLonger-term liabilities $13mShareholders' equity $252m
  • Short-term assets cover short-term liabilities $15m of assets due within a year against $6m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $15m short-term assets against $13m of longer-dated liabilities.
  • More cash than debt $10m of cash against $12m of debt.
  • Debt below 40% of shareholders' equity Debt is 5% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 4% to 5% over five years.
  • A year's operating cash flow covers at least 20% of debt $4m of operating cash flow against $12m of debt.
  • Operating profit covers interest at least five times over Operating income of −$64,000 against $2m of interest.

From Metalla Royalty & Streaming Ltd.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Dividends (TTM)
$0
Diluted share count
+1.1%
year over year
Days sales outstanding
136 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in diversified metals & mining
Last 12 months unless stated MTA ABAT UAMY IE UUUU LGO Median
Revenue, last 12 months $12m $22m $36m $3m $106m $110m $118m
Revenue growth, last 12 months 99.6% 406.8% 41.6% −20.6% 62.5% −12.0% 14.6%
Revenue growth, 3-year average — — 63.4% −4.2% 52.9% — 13.4%
Revenue growth, latest quarter — 196.6% −24.7% −32.2% 496.1% — 7.2%
Gross margin 80.9% −14.2% 17.4% 58.7% 40.9% 52.2% 24.6%
Operating margin −0.5% −343.6% −64.0% 474.5% −91.0% — −5.3%
Operating margin, 3-year average — — −45.8% <−999% −98.6% — −23.9%
Net margin −36.1% −337.5% −44.6% <−999% −77.3% −62.3% −36.1%
Cash from operations / revenue 37.5% −111.4% −77.0% <−999% −59.1% −9.3% −9.3%
Free-cash-flow margin — −167.3% −195.6% <−999% −78.0% −34.3% −48.3%
Free-cash-flow margin, 3-year average — — −80.4% <−999% −105.2% — −37.2%
Stock pay / revenue — 213.8% 38.4% 365.3% 13.5% 2.1% 11.9%
Change in share count 1.1% 58.8% 15.2% 18.3% 22.3% 5.8% 8.3%

Median of all 17 companies we cover in diversified metals & mining. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

17 diversified metals & mining companies
Measure Company Peer median Rank
Revenue growth Growth 99.6% 14.6% 2 of 17
Change in growth rate Growth +71.6pp +10.2pp 1 of 16
Gross margin Profitability 80.9% 24.6% 2 of 14
Operating margin Profitability -0.5% -0.5% 7 of 14
Net margin Profitability -36.1% -36.1% 9 of 17
Long-term debt as % of assets Balance sheet 4.5% 21.3% 7 of 14
Change in share count Balance sheet 1.1% 8.3% 6 of 16
Days sales outstanding Balance sheet 136 days 37 days 11 of 12

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Who owns it

Funds buying and selling
Reported value
$220M
Institutions reporting
93
Shares held vs prior quarter
▲ 4.7%
Positions opened / closed
18 / 22

Top buyers and sellers, Q2 2026: 38 institutions bought and 58 sold ; the biggest buyer was Extract Advisors LLC (+929K shares) and the biggest seller Tudor Investment Corp Et Al (−360K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Euro Pacific Asset Management, LLC $42.9M 5.8M 19.5% ▲ 1.7%
Merk Investments LLC $22.8M 3.0M 10.4% 0.0%
FMR LLC $21M 2.8M 9.5% ▲ 4.5%
Global Strategic Management Inc $19.6M 2.6M 8.9% ▲ 10.8%
Van Eck Associates Corp $15.6M 2.0M 7.1% ▼ 9.6%
Sprott Inc. $14.2M 1.9M 6.4% ▲ 16.7%
Two Sigma Investments, LP $7.5M 985K 3.4% ▼ 7.3%
Extract Advisors LLC $7.1M 929K 3.2% New
Mackenzie Financial Corp $6.9M 636K 3.1% ▼ 13.1%
Woodline Partners LP $4.9M 648K 2.2% New
Morgan Stanley $4.3M 568K 2.0% ▼ 23.4%
U S Global Investors Inc $4.3M 559K 1.9% ▼ 3.5%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Metalla Royalty & Streaming Ltd.'s complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $0 0 trades by 0 insiders
Net ▲ $0 net buying

No open-market insider trades reported in the last 12 months.

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Recent SEC filings

Data status

When each part of this page on Metalla Royalty & Streaming Ltd. was last updated.

DataLast updatedSource
Share priceExchange closing prices
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Metalla Royalty & Streaming Ltd. in brief

What does Metalla Royalty & Streaming Ltd. do?
Metalla Royalty & Streaming Ltd. is a US-listed company in the diversified metals & mining industry. Its financial year ends in December.
What is Metalla Royalty & Streaming Ltd.'s stock ticker?
Metalla Royalty & Streaming Ltd. trades under the ticker MTA on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Metalla Royalty & Streaming Ltd.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Metalla Royalty & Streaming Ltd. reported revenue of $11.7M, 99.6% higher than a year earlier, according to its SEC filings.
Who are Metalla Royalty & Streaming Ltd.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Euro Pacific Asset Management, LLC, Merk Investments LLC and FMR LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Does Metalla Royalty & Streaming Ltd. pay a dividend?
Metalla Royalty & Streaming Ltd. reported no dividend payments in its trailing twelve months of filings.
How much debt does Metalla Royalty & Streaming Ltd. have?
Metalla Royalty & Streaming Ltd.'s debt-to-equity ratio is 4.8%, from its latest balance sheet (4.1% five years earlier). The financial health section below sets out its other solvency checks.
Who are Metalla Royalty & Streaming Ltd.'s competitors?
In our Diversified Metals & Mining peer group, the companies closest to Metalla Royalty & Streaming Ltd. are American Battery Technology Co, United States Antimony Corp, Ivanhoe Electric Inc., Energy Fuels Inc and Largo Inc. The side-by-side comparison below sets their revenue, margins and growth against Metalla Royalty & Streaming Ltd.'s.
When is Metalla Royalty & Streaming Ltd.'s next earnings date?
Around November 12, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Metalla Royalty & Streaming Ltd. announces its own schedule.