MTAL FY2025 EPS Forecast Lowered by National Bank Financial

Metals Acquisition Limited (NYSE:MTAL - Free Report) - Analysts at National Bank Financial reduced their FY2025 earnings estimates for shares of Metals Acquisition in a research note issued to investors on Tuesday, February 4th. National Bank Financial analyst S. Nagle now forecasts that the company will earn $0.74 per share for the year, down from their prior estimate of $0.78. The consensus estimate for Metals Acquisition's current full-year earnings is $0.16 per share.

Separately, Scotiabank cut their price objective on 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 3.3 %

MTAL stock traded up $0.37 during midday trading on Thursday, hitting $11.31. The company's stock had a trading volume of 216,290 shares, compared to its average volume of 224,647. The company's fifty day moving average price is $11.09 and its 200 day moving average price is $11.80. The company has a quick ratio of 0.69, a current ratio of 0.84 and a debt-to-equity ratio of 0.85. Metals Acquisition has a twelve month low of $9.89 and a twelve month high of $15.26.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in MTAL. SG Americas Securities LLC grew its position in Metals Acquisition by 12.6% during the fourth quarter. SG Americas Securities LLC now owns 19,959 shares of the company's stock worth $212,000 after buying an additional 2,232 shares in the last quarter. Tidal Investments LLC acquired a new stake in shares of Metals Acquisition during the 3rd quarter worth $186,000. Barclays PLC increased its position in shares of Metals Acquisition by 286.6% in the third quarter. Barclays PLC now owns 72,260 shares of the company's stock worth $1,000,000 after purchasing an additional 53,567 shares during the period. Wellington Management Group LLP raised its stake in Metals Acquisition by 799.1% in the third quarter. Wellington Management Group LLP now owns 909,588 shares of the company's stock valued at $12,598,000 after purchasing an additional 808,418 shares in the last quarter. Finally, State Street Corp raised its stake in Metals Acquisition by 28.7% in the third quarter. State Street Corp now owns 698,943 shares of the company's stock valued at $9,680,000 after purchasing an additional 156,022 shares in the last quarter. 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.