Metalla Royalty & Streaming Price Target Raised to $7.50 from $7.25 by National Bank of Canada

11:26 AM EDT, 08/15/2025 (MT Newswires) -- National Bank of Canada reiterated its outperform rating on the shares of Metalla Royalty & Streaming (MTA) while raising its price target to $7.50 from $7.25, following the company's second-quarter results.

Metalla's second-quarter results include adjusted EBITDA of US$1.5 million that aligned with the bank's estimates. Its adjusted loss of US$0.01 per share was below the bank's forecast.

The price target remains based on a multiple of 1.10x NAV, while the target multiple is in line with junior royalty peers having a small portfolio of producing assets, the bank said.

The rating is supported by Metalla's diversified portfolio consisting of a mixture of cash flowing and soon-to-be producing assets, along with numerous long-dated, potentially large-scale mining projects in the hands of senior/intermediate counterparties, the bank said.

Price: 5.85, Change: -0.12, Percent Change: -2.01

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.