National Bank Raises PT on Metalla Royalty & Streaming Ltd. (MTA) to $5.27; Scotiabank Maintains 'Hold' Rating

With significant hedge fund interest and a share price under $5, Metalla Royalty & Streaming Ltd. (NYSE:MTA) secures a place on our list of the 11 Best Gold Penny Stocks to Buy According to Hedge Funds (and Precious Metals Stocks).

On June 25, 2025, BMO Capital upgraded Metalla Royalty & Streaming Ltd. (NYSE:MTA) from ‘Market Perform’ to ‘Outperform’, raising its price target from $5.09 to $5.82. The investment firm cited expectations for asset additions bolstering cash flow.

Meanwhile, on July 16, 2025, National Bank raised its price target on Metalla Royalty & Streaming Ltd. (NYSE:MTA) from $4.73 to $5.27, maintaining an ‘Outperform’ rating. However, Scotiabank reiterated a ‘Hold’ rating on the company with a $3.64 target.

Despite the recent share price decline, analyst sentiment remains strong, driven by the anticipated ramp-up in the second half of the year.

Metalla Royalty & Streaming Ltd. (NYSE:MTA) is a Canada-based precious metals royalty and streaming company. It is included in our list of the Best Penny Stocks.

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