PR Newswire·Nov 12, 2026, 7:00 AM ET

METALLA REPORTS STRONG FINANCIAL RESULTS FOR THE THIRD QUARTER OF 2026 AND ANNOUNCES INAUGURAL CASH FLOW FROM CÔTÉ AND LA PARRILLA ROYALTIES

MTA

Metalla Royalty & Streaming Ltd. reported record quarterly revenue of $4.9 million for the three months ended September 30, 2026, a 24% year-over-year increase.
Net income reached a record $1.6 million for the third quarter of 2026, representing a 147% increase compared to the prior year period.
Adjusted EBITDA for the quarter was $3.6 million, a 25% increase year-over-year, while total attributable GEOs received or accrued were 1,134 at an average realized price of $4,266 per GEO.
The company received its inaugural cash flows from the Côté-Gosselin mine, La Parrilla, and the Amalgamated Kirkland (AK) deposit, reclassifying all three as producing assets.
Hudbay Minerals approved construction of the Copper World project following a Definitive Feasibility Study, with first production expected in the second half of 2029.
Metalla delivered 74% of its 2026 GEO guidance (2,967 GEOs) through the first nine months of the year, remaining on track to meet its annual target of 4,000 GEOs.
Tocantinzinho production increased 22% in the third quarter, while Wharf reported strong production despite crusher constraints from a previous fire.
Côté-Gosselin produced 92,000 ounces of gold on a 100% basis in the quarter, though full-year attributable production is expected at the lower end of guidance due to plant downtime.
Aranzazu saw a 39% increase in third-quarter production compared to the previous quarter, driven by higher grades and metal prices.
Endeavor processed 68,334 tonnes of ore in the third quarter, producing 230,256 ounces of silver, while transitioning its workforce to contract labour.
La Guitarra's mill achieved throughput of up to 751 tonnes per day in October, exceeding its nameplate capacity with a new ball mill commissioning expected in November.
La Parrilla delivered concentrate shipments in the third quarter, marking its entry into the producing portfolio with 71 attributable GEOs accrued.
Amalgamated Kirkland ore milling ramped up significantly in the third quarter, processing 93,000 tonnes to produce approximately 10,500 ounces of gold.
First Majestic Silver Corp. reported a sale of the San Martin mine to Flextronics that remained subject to antitrust approval and had not closed by September 30, 2026.
Hudbay and Mitsubishi finalized the investment decision for Copper World, a joint venture project with an initial growth capital requirement of $2.07 billion.
Multiple assets including Fosterville, Wasamac, Castle Mountain, and 15-Mile received updates regarding production, permitting, or feasibility study progress during the reporting period.
Metalla holds a diversified portfolio of nearly 100 royalties and streams covering gold, silver, and copper assets operated by major mining companies in premier jurisdictions.

Company: Metalla Royalty & Streaming Ltd.
Keywords: Metalla Royalty & Streaming Ltd.