Metals Acquisition (MTAL) to Release Earnings on Monday

Metals Acquisition (NYSE:MTAL - Get Free Report) is set to release its earnings data after the market closes on Monday, October 21st. Analysts expect Metals Acquisition to post earnings of $0.06 per share for the quarter.

Metals Acquisition Stock Down 2.5 %

NYSE MTAL traded down $0.31 during trading hours on Wednesday, reaching $12.28. The company's stock had a trading volume of 346,377 shares, compared to its average volume of 242,453. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.84 and a quick ratio of 0.69. The company's 50-day moving average is $12.03 and its two-hundred day moving average is $12.96. Metals Acquisition has a fifty-two week low of $9.50 and a fifty-two week high of $15.26.

Wall Street Analyst Weigh In

Several research firms have recently commented on MTAL. Scotiabank lowered their price target on shares of Metals Acquisition from $17.00 to $16.00 and set a "sector outperform" rating on the stock in a research report on Monday, August 19th. BMO Capital Markets increased their target price on Metals Acquisition from $13.00 to $15.00 and gave the company a "market perform" rating in a report on Tuesday, July 23rd.

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.