Q1 EPS Estimate for Metals Acquisition Reduced by Analyst

Metals Acquisition Limited (NYSE:MTAL - Free Report) - Analysts at National Bank Financial lowered their Q1 2025 EPS estimates for shares of Metals Acquisition in a research note issued on Tuesday, April 15th. National Bank Financial analyst S. Nagle now expects that the company will earn $0.22 per share for the quarter, down from their prior estimate of $0.34. The consensus estimate for Metals Acquisition's current full-year earnings is $0.16 per share. National Bank Financial also issued estimates for Metals Acquisition's FY2025 earnings at $0.92 EPS and FY2026 earnings at $1.16 EPS.

A number of other equities research analysts also recently weighed in on the company. Scotiabank decreased their price objective on Metals Acquisition from $16.00 to $14.50 and set a "sector outperform" rating on the stock in a report on Monday, January 6th. BMO Capital Markets started coverage on Metals Acquisition in a research report on Wednesday, April 16th. They issued an "outperform" rating and a $11.00 price target on the stock.

Metals Acquisition Stock Down 0.8 %

NYSE MTAL traded down $0.07 on Friday, reaching $8.69. The company's stock had a trading volume of 241,277 shares, compared to its average volume of 331,611. Metals Acquisition has a 52 week low of $7.69 and a 52 week high of $15.26. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.69 and a current ratio of 0.84. The business has a 50-day moving average price of $9.88 and a 200 day moving average price of $11.09.

Hedge Funds Weigh In On Metals Acquisition

A number of institutional investors and hedge funds have recently added to or reduced their stakes in MTAL. Quadrant Capital Group LLC acquired a new position in shares of Metals Acquisition in the 4th quarter worth approximately $26,000. Signaturefd LLC acquired a new position in Metals Acquisition in the fourth quarter worth $36,000. FMR LLC bought a new stake in shares of Metals Acquisition during the third quarter worth $107,000. Orion Portfolio Solutions LLC acquired a new stake in shares of Metals Acquisition in the fourth quarter valued at $119,000. Finally, ProShare Advisors LLC raised its holdings in shares of Metals Acquisition by 49.0% in the fourth quarter. ProShare Advisors LLC now owns 15,170 shares of the company's stock valued at $161,000 after buying an additional 4,990 shares during the last quarter. 87.47% of the stock is currently owned by institutional investors and hedge funds.

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.