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To: Goose94 who wrote (72834)12/13/2019 8:03:23 PM
From: Goose94Read Replies (1) | Respond to of 202704
 
Metalla Royalty and Streaming (MTA-V) Haywood Securities analyst Kerry Smith, calling "an active player that will continue to grow in a niche market," began coverage with a "buy" rating and $2 share target. Analysts on average target the shares at $1.63.

Mr. Smith says in a note: "Metalla is one of the newest players in the royalty space but the company has wasted no time in growing its asset portfolio. While attributable production is expected to decline over the next two years, once the Endeavor Deep Zinc Lode and/or Endeavor Tailings come on-line, as well as several silver/gold development assets, the company will have a growth trajectory to generate more free-cash-flow." Metalla shares have a 52-week trading range of $1.50 to 70 cents.