MTA
Metalla Royalty & Streaming Ltd.Basic Materials·Other Precious Metals
$7.86
$734M market cap
Revenue
$6.4M
Free Cash Flow
$-0.9M
Rev Growth
+0.0%
FCF Margin
-13.8%
P/FCF
--
EV/FCF
--
Fwd EV/EBITDA
--
Fair Value
--
Upside
--
Metalla Royalty & Streaming Ltd., a precious metals royalty and streaming company, engages in the acquisition and management of precious metal royalties, streams, and related production-based interests in Canada, Australia, Argentina, Mexico, and the United States. It focuses on gold and silver streams and royalties. The company was formerly known as Excalibur Resources Ltd. and changed its name to Metalla Royalty & Streaming Ltd. in December 2016. Metalla Royalty & Streaming Ltd. was incorporat
2-Year Price History
$6.79+124.8%
Quarterly Financials & Projections
Quarterly Waterfall ($ M)
| Period | Rev | EBITDA | OpIn | NI | OCF | FCF | CapEx | Cash | Debt | Shares | ROIC | IntCov | EV/EBITDA | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Act | 2026-Q1 | 3.0 | 0.7 | 0.4 | 0.1 | 0.9 | 0.7 | -0.0 | 10.0 | 14.5 | 95.7 | 1.0% | 1.9x | -- |
| Act | 2025-Q4 | 3.4 | -1.0 | -1.6 | -2.4 | 1.1 | -1.6 | -2.5 | 9.8 | 14.6 | 92.6 | -6.5% | -2.6x | -- |
Valuation & Metrics
Market Stats
Price$7.86
Market Cap$734M
Enterprise Value$739M
P/S Ratio114.8x
P/FCF--
EV/FCF--
FCF Margin (TTM)-13.8%
FCF Yield-0.1%
Dividend Yield (TTM)0.3%
Annual Dilution0.0%
CurrencyUSD
TTM Financial Snapshot
Revenue$6.4M
Net Income$-2.3M
Free Cash Flow$-0.9M
Revenue Growth (YoY)+0.0%
EBITDA Margin-4.5%
Net Margin-36.4%
FCF Margin-13.8%
CapEx % of Revenue38.7%
SBC % of Revenue0.0%
ROIC-2.7%
WC Change % Rev-10.3%
Interest Coverage-0.4x
Forward Outlook & Risk
Short Interest
Short % of Float--
Short Shares1.1M
Days to Cover3.0
Change (vs Prior)-11.7%
Need at least 2 settlement dates for chart
Employees
Headcount4
Revenue / Employee$1,598,909
Gross Profit / Employee$1,374,887
Institutional Ownership
Headline & net flow
NEUTRAL
Net flow · —still filing
No float data — flow unavailable.
Ownership composition
Active
28.2%(+20.7% YoY)
96 filers
hedge / family / endowment
Retail funds
—
Fidelity, Schwab, 401(k)
Passive
0.0%(+0.0% YoY)
0 filers
Vanguard, iShares, SPDR
Market makers
0.4%(+0.3% YoY)
3 filers
Citadel, Susquehanna
Insiders
—
Form 4 — latest per insider
ActiveRetail fundsPassiveMarket makersRetail direct
Top holders
| Fund | $ value | Cost basis | Δ QoQ | Δ YoY | α life | Fund AUM |
|---|---|---|---|---|---|---|
| Euro Pacific Asset Management, LLC | $37.0M | $3.50 | +$26K | +$4.4M | +2.1% | $1.01B |
| Merk Investments LLC | $19.9M | $2.92 | +$0 | +$0 | +5.0% | $368M |
| FMR LLC | $17.5M | $5.24 | +$1.8M | +$10.2M | -0.0% | $1.89T |
| GLOBAL STRATEGIC MANAGEMENT INC | $15.3M | $7.60 | +$1.6M | +$15.3M | +13.7% | $120M |
| VAN ECK ASSOCIATES CORP | $15.0M | $3.53 | −$1.1M | −$9.6M | +0.8% | $133.17B |
| SPROTT INC. | $10.6M | $5.27 | +$1.2M | +$5.8M | +1.7% | $3.29B |
| TWO SIGMA INVESTMENTS, LP | $7.0M | $5.23 | +$2.6M | +$5.4M | -0.9% | $117.03B |
| MORGAN STANLEY | $4.9M | $5.83 | +$81K | +$4.9M | -0.3% | $1.65T |
| MACKENZIE FINANCIAL CORP | $4.7M | $7.70 | +$2K | +$4.7M | -0.2% | $83.32B |
| U S GLOBAL INVESTORS INC | $3.8M | $5.35 | −$5.7M | +$3.8M | +0.2% | $858M |
| TUDOR INVESTMENT CORP ET AL | $3.4M | $7.44 | +$879K | +$3.4M | -0.3% | $17.85B |
| RENAISSANCE TECHNOLOGIES LLC | $3.0M | $4.80 | +$2.0M | +$1.6M | +1.2% | $63.91B |
| HORIZON KINETICS ASSET MANAGEMENT LLC | $2.7M | $5.47 | −$0 | +$18K | +1.5% | $9.23B |
| LOUISBOURG INVESTMENTS INC. | $2.3M | $6.63 | +$2.4M | +$2.3M | +0.4% | $529M |
| INSIGNEO ADVISORY SERVICES, LLC | $2.3M | $3.84 | +$0 | +$2.3M | +0.3% | $1.40B |
| Mariner, LLC | $2.2M | $6.63 | +$2.2M | +$2.2M | -0.1% | $85.47B |
| RAYMOND JAMES FINANCIAL INC | $2.1M | $4.14 | +$178K | +$2.0M | -0.0% | $322.69B |
| JANE STREET GROUP, LLCMM | $2.1M | $5.62 | −$295K | +$1.9M | -0.1% | $92.10B |
| ALPS ADVISORS INC | $2.0M | $7.69 | +$161K | +$2.0M | +0.2% | $21.23B |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | $1.6M | $7.21 | +$565K | +$1.6M | +0.1% | $184.72B |
Cost basis is a volume-weighted estimate from accumulation periods within our 13F history; holders who built their position before our window started will show a stale basis. % above the cost basis is the unrealized gain at the current price.
Trading behavior
Smart-money alpha (lifetime, %/qtr)BEARISH
Holders
+2.01%
avg per quarter
Holders (ex-self)
+2.37%
excl. this stock
Buyers (this Q)
-0.13%
43 buyers · $0.02B in
Sellers (this Q)
+0.71%
23 sellers · $0.02B out
alpha coverage: 100% of $ has a lifetime-alpha record
Holder behavior on this stocksource: stock
On big dips (−10%+)
+2.8%
how holders react when this stock falls
On quiet Qs
-6.5%
−10% to +10% baseline
On rallies (+10%+)
+5.6%
how they react when this stock rises
Holders' portfolio flow this Q
+5.5%
inflows — adds are organic
Sellers' portfolio flow this Q
+1.6%
Sellers grew AUM elsewhere — opinionated cut of this stock.
▸ Compare to holder-profile behavior (across all their stocks)
Holder dip (any stock)
-0.2%
Holder mid (any stock)
-3.0%
Holder rally (any stock)
-5.5%
Biggest decreases this quarter
U S GLOBAL INVESTORS INC−$5.7Mα+0.2Extract Advisors LLCexited−$3.6MHillsdale Investment Management Inc.exited−$2.2MVAN ECK ASSOCIATES CORP−$1.1Mα+0.8Boreal Capital Management LLCexited−$324KGROUP ONE TRADING LLCexited−$317KQuantbot Technologies LPexited−$317KJANE STREET GROUP, LLC−$295Kα-0.1WEXFORD CAPITAL LPexited−$79KKestra Advisory Services, LLCexited−$39K
New buyers this quarter
Top-5 holders · 57.7%
Euro Pacific Asset Management, LLC--
Merk Investments LLC--
FMR LLC--
GLOBAL STRATEGIC MANAGEMENT INC--
VAN ECK ASSOCIATES CORP--
Top Holders Over Time
5-year share-count history (top 10 holders by peak, incl. exited) + price
hover the chart for per-quarter detailprice (right axis)
Euro Pacific Asset Management, LLC5.7MMerk Investments LLC3.0MVAN ECK ASSOCIATES CORP2.3MFMR LLC2.6MGLOBAL STRATEGIC MANAGEMENT INC2.3MU S GLOBAL INVESTORS INC579KSPROTT INC.1.6MMORGAN STANLEY742KTWO SIGMA INVESTMENTS, LP1.1MMACKENZIE FINANCIAL CORP732K
Analyst Coverage
Analyst Coverage
Price Targets
Last Year (1 analysts)$7.50-460.0%
Current Price$7.86
Analyst Ratings
1
1
Buy: 1Hold: 1Consensus: Buy
Corporate
Order Flow (FINRA, ~3w lag)
21.6%retail-1.7pp
17.7%dark+0.0pp
week of 2026-04-13
Off-exchange volume from FINRA. Retail = non-ATS (wholesaler PFOF + broker internalization). Dark = ATS (dark-pool crossing networks, institutional). Lit-exchange = remainder.