Metalla Royalty Stock Price, News & Analysis

Metalla Royalty & Streaming Ltd. (NYSE American: MTA) has finalized its acquisition of half of a gold proceeds royalty and half of a sliding scale net smelter return royalty from Barrick Gold's Lama project. The total purchase price is $7.5 million, consisting of $2.5 million in cash and shares at closing, with an additional $2.5 million to be paid based on future milestones. This acquisition enhances Metalla's royalty portfolio, providing significant exposure to gold and copper, positioning the company for growth in the precious metals sector.

Metalla Royalty & Streaming Ltd. (NYSE American: MTA) has successfully completed its acquisition of a portfolio from Alamos Gold Inc. (NYSE: AGI). The transaction, detailed in a previous release on December 22, 2022, involved a silver stream and three royalties, totaling 939,355 common shares at US$5.3228 each, reflecting a 20-day VWAP. This strategic move bolsters Metalla's position in the precious metals market by enhancing its diversified asset base, positioning the company for potential future cash generation and growth in the sector.

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Metalla Royalty & Streaming Ltd. (MTAFF, MTA) highlights its significant milestones in 2022, achieving five transactions to acquire 15 new royalties for a total cost of $33.5 million. The company adopted a defensive strategy early in the year but identified growth opportunities in Q4. Key acquisitions include royalties from Barrick Gold and First Majestic Silver Corp., enhancing its portfolio of assets. Notable developments include progress on the Côté Gold Project and acquisitions with expected strong future cash flows.

Metalla Royalty & Streaming Ltd. (MTA) has announced a $5 million royalty purchase agreement with Alamos Gold Corp, acquiring one silver stream and three royalties. This transaction will enhance Metalla's portfolio to 85 royalties and streams, boosting its exposure to silver and expanding its development pipeline. Key assets include a silver stream on the Esperanza Gold Project operated by Zacatecas Silver Corp. The agreement is expected to close in Q1 2023, subject to customary approvals, and will involve the issuance of approximately 939,355 common shares based on the 20-day volume-weighted average price.

Metalla Royalty & Streaming Ltd. (NYSE American: MTA) has successfully completed the acquisition of a portfolio comprising eight royalties in Mexico from First Majestic Silver (NYSE: AG). The transaction, which closed on December 21, 2022, involved the issuance of 4,168,056 common shares at a value of US$4.7984 each, based on the 25-day volume-weighted average price at signing. This acquisition is aimed at expanding Metalla’s cash-generating asset base, positioning it for growth in the precious metals sector.

Metalla Royalty & Streaming Ltd. (MTA, MTAFF) has announced a Royalty Purchase Agreement to acquire royalties on Barrick Gold Corp.'s Lama project for $7.5 million, consisting of cash and shares. The royalties include a 2.5% to 3.75% gross value return on gold and silver, and a 0.25% to 3.0% net smelter return on copper. Barrick is investing $75 million in resource definition at Lama, with promising drill results. A development decision is anticipated in 2024. This transaction enhances Metalla's exposure to a significant gold deposit, boosting potential shareholder value.

Metalla Royalty & Streaming Ltd. (MTA) announced a royalty purchase agreement with First Majestic Silver Corp. on November 26, 2022. This agreement involves Metalla acquiring eight royalties for $20 million in common shares. The transaction highlights include immediate cash flow from the La Encantada gold royalty, the addition of four near-term silver development royalties, and a significant land package of over 175,000 hectares in Mexico. First Majestic will become Metalla's largest shareholder, holding about 8.5% of the company’s shares. The transaction is subject to customary closing conditions and is expected to close in Q1 2023.

Metalla Royalty & Streaming Ltd. reported financial results for the three and nine months ending September 30, 2022. Highlights include receiving its first royalty payments from Agnico Eagle for the El Realito royalty and acquiring a 1.0% NSR royalty on the Lac Pelletier project for C$0.3 million. Revenue for Q3 reached $0.7 million, with a net loss of $2.5 million. Adjusted EBITDA was less than $0.1 million. The company continues to expand its portfolio with significant growth potential from its existing royalties as development progresses at properties like Wasamac and Tocantinzinho.