Metals Acquisition Limited (NYSE:MTAL – Free Report) – Investment analysts at National Bank Financial dropped their FY2025 EPS estimates for shares of Metals Acquisition in a report released on Tuesday, February 4th. National Bank Financial analyst S. Nagle now forecasts that the company will post earnings per share of $0.74 for the year, down from their previous estimate of $0.78. The consensus estimate for Metals Acquisition’s current full-year earnings is $0.29 per share.
Separately, Scotiabank decreased their price target on shares of Metals Acquisition from $16.00 to $14.50 and set a “sector outperform” rating for the company in a report on Monday, January 6th.
Metals Acquisition Trading Up 1.3 %
Shares of MTAL opened at $10.82 on Thursday. The stock’s 50-day moving average price is $11.20 and its two-hundred day moving average price is $11.84. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.69 and a current ratio of 0.84. Metals Acquisition has a 1 year low of $9.89 and a 1 year high of $15.26.
Institutional Trading of Metals Acquisition
A number of institutional investors have recently made changes to their positions in the business. Quarry LP bought a new stake in Metals Acquisition during the 3rd quarter worth about $34,000. Quantbot Technologies LP bought a new stake in Metals Acquisition during the third quarter worth about $46,000. FMR LLC acquired a new position in Metals Acquisition during the third quarter valued at approximately $107,000. Tidal Investments LLC bought a new position in Metals Acquisition in the third quarter valued at approximately $186,000. Finally, Creative Planning acquired a new position in shares of Metals Acquisition during the 3rd quarter worth approximately $190,000. Institutional investors own 87.47% of the company’s stock.
Metals Acquisition Company Profile
Metals Acquisition Limited focuses on mining and production of copper and silver. It operates the CSA copper mine in Cobar, Australia. The company was incorporated in 2022 and is headquartered in Saint Helier, Jersey.
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