The Globe and Mail reports in its Friday, Aug. 15, edition that National Bank Financial analyst Shane Nagle has reaffirmed his "outperform" recommendation for Metalla Royalty and Streaming. The Globe's David Leeder writes in the Eye On Equities column that Mr. Nagle modestly advanced his share target by 25 cents to $7.50. Analysts on average target the shares at $8.10. Mr. Nagle says in a note: "Our 'outperform' rating is supported by Metalla's diversified portfolio consisting of a mixture of cash flowing and soon-to-be producing assets, along with numerous long-dated, potentially large-scale mining projects in the hands of senior/intermediate counter-parties enhancing the long-term option value of the portfolio. With the market currently focused on FCF generation at elevated gold prices, Metalla's valuation is impacted by its development-heavy portfolio, with most of its NAV in development/exploration stage, including six projects expected to begin producing within the next year." The Globe reported on Oct. 2 that Canaccord rated Metalla "buy." It was then worth $4.42. The Globe reported on Oct. 23 and May 27 that Mr. Nagle rated Metalla "outperform." The shares could then be had for $5.44 and $4.08.