BMO Capital upgraded Metalla Royalty & Streaming to Outperform from Market Perform with a price target of C$8, up from C$7. Metalla shares are trading at a meaningful discount to net asset value, the analyst tells investors in a research note. The firm says that despite a slower portfolio start to 2025, it sees a turning point in the second half of the year as new assets come online and cash flow improves “which should underpin a re-rating.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MTA:
- Metalla Royalty & Streaming: Anticipated Cash Flow Growth and Strategic Moves Support Buy Rating
- Metalla Royalty & Streaming Secures Strong Shareholder Support at AGM
- Metalla Royalty & Streaming Announces Major Portfolio Developments
- Metalla Royalty & Streaming price target lowered to C$6.50 at National Bank
- Metalla Royalty & Streaming Ltd. Reports Q1 2025 Results