Metalla Royalty & Streaming – The Market Environment For Royalty Companies and An Update On Assets Coming Online In The Near Term
Brett Heath, President and CEO Metalla Royalty & Streaming (TSX.V:MTA – NYSE:MTA) joins us to provide a general update on market sentiment for gold stocks and the royalty companies. We also discuss the internal growth for Metalla in terms of royalty assets scheduled to come online in the near term.
Starting with the market environment for royalty companies, we discuss the move seen in the largest mining companies and royalty companies but how the rest of the stocks were left behind. For Metalla specifically we have Brett explain the royalty portfolio for the Company and breakdown how may assets are currently cash-flowing and what’s in the pipeline for this year and next.
If you have any follow up questions for Brett please email us at Fleck@kereport.com and Shad@kereport.com
Click here to visit the Metalla website and read over the Company’s Presentation.
I’ve been told by the company that there has been no good news lately
because the are working on bigger acquisitions, instead of smaller ones.
Time will tell if this is true.
I got the same response from Metalla’s PR person: “You should have bought when the stock was at its lowest point”. Seriously, this type of response is an insult to investors and shrugs off their responsibility to create shareholder value. Brett need to promote and promote widely and wisely but it doesn’t appear he wants to put in the effort. Nobody knows about this company. That’s why the share price has tanked.
This past year:
Franco-Nevada +14%
Wheaton PM +13%
Metalla -35%
Brett did not not explain why Metalla was down relative to the large players being up (more than 45% over metalla) in the royalty/streaming space. Rather, he said “risk off all sectors”. Franco and Wheaton are included in “all sectors” but their share price rose nicely. Not impressed with his “spin” and that he was not challenged on this. I like your interviews overall but these CEOs need their feet held to the fire. When I contacted Metalla personally their PR person did nothing but spin and did not take responsibility for their poor performance relative to Franco and Wheaton. He should take a page out of the book of American Pacific Mining. They know how to promote. Metalla does not.