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Metalla Royalty & Streaming Ltd V.MTA

Alternate Symbol(s):  MTA

Metalla Royalty & Streaming Ltd. is a precious and base metals royalty and streaming company with a focus on gold, silver, and copper royalties and streams. The Company provides metal exposure through a diversified portfolio of royalties and streams. The Company is focused on gold and silver precious metals streams and royalties. The Company’s streams and royalties include Aranzazu, Vizcachitas, Taca Taca, NuevaUnion, El Realito, La Encantada, New Luika, Wharf, Akasaba West, Amalgamated Kirkland, Big Springs, Aureus East, Castle Mountain, CentroGold, Copper World, COSE, Del Toro, Dumont, Endeavor, Fosterville, Garrison, Joaquin, Josemaria, La Fortuna, La Joya, La parrilla, Lama, North AK, Saddle North, San Luis, San Martin, Santa Getrudis, Wasamac, West Wall, Zaruma, Big Island, Beaudoin, Bint Property, Biricu, Caldera, Capricho, Carlin East, Detour DNA, Golden Brew, Edwards Mine, Fortuity 89, Island Mountain, and others.


TSXV:MTA - Post by User

Post by math84on Sep 29, 2017 9:03am
199 Views
Post# 26757734

Financials are out for YEAR ENDED MAY 31, 2017

Financials are out for YEAR ENDED MAY 31, 2017Looking good so far and specially the OUTLOOK for 2018 FY : 

As of the date hereof, the Company is providing the following forecasts for fiscal 2018:

• total attributable silver equivalent production is expected to be 400,000 to 475,000 oz.;

• total revenue is expected to be $8,500,000 to $9,500,000, and net revenue is expected to be $5.5 to $6.5 million after deducting silver stream payments at Endeavor and NLGM (estimated with an expected silver price of US$17 per oz.);

• approximately 95% or more of total revenue is expected to be derived from its silver stream interests, with gold (5%) pending on royalty payments from Zaruma; and

• total estimated cash general and administrative expenses are anticipated to be $1,000,000, which excludes sharebased payments and transaction costs related to acquisition activities (see Non-IFRS Financial Measure).
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