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Metalla Royalty & Streaming ( (TSE:MTA) ) has provided an update.
Metalla Royalty & Streaming Ltd. announced significant updates to its royalty portfolio, highlighting key developments across various mining projects. Notably, the Wharf mine has seen a substantial increase in gold resources, enhancing its potential for extended mine life. Meanwhile, the Endeavor project in Australia is set to commence production in Q2 2025, backed by a robust A$35 million capital raise aimed at accelerating exploration and ensuring a smooth transition to production. These developments position Metalla strategically within the mining industry, potentially increasing its revenue streams and solidifying its stake in the precious metals market.
More about Metalla Royalty & Streaming
Metalla Royalty & Streaming Ltd. operates within the mining industry, primarily focusing on royalty and streaming interests in gold and silver. The company is involved in acquiring and managing a diverse portfolio of royalty interests in various mining projects, which includes gold, silver, and other precious metals. Metalla’s market focus is on leveraging its royalty portfolio to gain exposure to precious metal production without the operational risks associated with owning and operating mines.
YTD Price Performance: 14.29%
Average Trading Volume: 355,320
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $294.7M
See more insights into MTA stock on TipRanks’ Stock Analysis page.
