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Metalla Royalty & Streaming ( (TSE:MTA) ) has provided an update.
Metalla Royalty & Streaming Ltd. has increased its net smelter return royalty on the Côté Gold Mine and Gosselin project to 1.5%, enhancing its stake in one of Canada’s significant gold assets. This acquisition is expected to strengthen Metalla’s portfolio as IAMGOLD plans to integrate Gosselin into its mine plan, potentially boosting production. Additionally, Metalla provided updates on its other assets, including expansion plans for the La Guitarra mine in Mexico and the recommencement of operations at the Endeavor mine.
The most recent analyst rating on (TSE:MTA) stock is a Hold with a C$7.50 price target. To see the full list of analyst forecasts on Metalla Royalty & Streaming stock, see the TSE:MTA Stock Forecast page.
More about Metalla Royalty & Streaming
Metalla Royalty & Streaming Ltd. operates in the mining industry, focusing on acquiring and managing royalties and streams for precious metals, primarily gold and silver. The company aims to provide investors with exposure to metal prices and exploration success without the operational risks associated with mining.
YTD Price Performance: 164.09%
Average Trading Volume: 50,760
Technical Sentiment Signal: Buy
Current Market Cap: C$884.7M
For a thorough assessment of MTA stock, go to TipRanks’ Stock Analysis page.