Metalla Royalty & Streaming resumed with a Sector Perform at Scotiabank

Scotiabank analyst Eric Winmill resumed coverage of Metalla Royalty & Streaming with a Sector Perform rating and $4.50 price target Metalla’s largely Americas-focused portfolio holds an “impressive collection” of royalties on relatively long mine life assets, the analyst tells investors in a research note. The firm says that as the company’s projects reach key milestones on the path to producer status, it sees potential for the shares to re-rate higher.