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Metalla Royalty Reports 2024 Financial Results and Outlook

Metalla Royalty Reports 2024 Financial Results and Outlook

Metalla Royalty & Streaming Ltd. ( (MTA) ) has released its Q4 earnings. Here is a breakdown of the information Metalla Royalty & Streaming Ltd. presented to its investors.

Metalla Royalty & Streaming Ltd. is a company specializing in precious and base metals royalties and streaming, focusing primarily on gold, silver, and copper, offering shareholders leveraged metal exposure through a diversified portfolio. In its latest earnings report for the fiscal year 2024, Metalla highlighted significant milestones, including first production achievements at Tocantinzinho and La Guitarra, and anticipated cash flows from Endeavor in 2025. Financially, the company reported revenue of $5.9 million from royalty and stream interests, a net loss of $5.5 million, and an Adjusted EBITDA of $1.4 million. Metalla accrued payments on 2,481 attributable Gold Equivalent Ounces (GEOs) at an average realized price of $2,411 per GEO with an average cash cost of $19 per GEO. Strategic developments include the conversion of interest by Beedie Capital into common shares, and the appointment of new leadership, indicating a focus on aligning management’s interests with shareholders. Looking ahead, Metalla expects to receive payments on 3,500 to 4,500 attributable GEOs in 2025, with primary cash flows anticipated from several key projects, positioning the company for substantial growth in GEO production and free cash flow.

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