Metalla Royalty & Streaming: Strategic Acquisitions and Financial Stability Drive Positive Outlook
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Rene Cartier, an analyst from BMO Capital, reiterated a Buy rating on Metalla Royalty & Streaming with a price target of C$12.00. The positive outlook is driven by the company's consistent performance, strategic acquisitions, and financial stability. Metalla's recent acquisition of interests in the Côté gold mine and Gosselin project enhances its portfolio. The company reported earnings per share that met expectations and showed positive net income for the first time. Metalla is expected to meet its 2025 guidance, with anticipated cash flow improvements and potential re-rating making it an attractive investment.
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