State Street Corp raised its stake in Metals Acquisition Limited (NYSE:MTAL – Free Report) by 28.7% in the third quarter, Holdings Channel.com reports. The firm owned 698,943 shares of the company’s stock after acquiring an additional 156,022 shares during the period. State Street Corp’s holdings in Metals Acquisition were worth $9,680,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Amalgamated Bank acquired a new stake in Metals Acquisition during the second quarter valued at approximately $26,000. Quarry LP bought a new position in shares of Metals Acquisition during the 3rd quarter worth approximately $34,000. Quantbot Technologies LP bought a new position in shares of Metals Acquisition during the 3rd quarter worth approximately $46,000. FMR LLC acquired a new stake in Metals Acquisition in the 3rd quarter valued at $107,000. Finally, Creative Planning bought a new stake in Metals Acquisition in the third quarter valued at $190,000. 87.47% of the stock is currently owned by institutional investors and hedge funds.
Metals Acquisition Trading Down 0.7 %
Shares of Metals Acquisition stock opened at $10.77 on Friday. Metals Acquisition Limited has a 12-month low of $9.89 and a 12-month high of $15.26. The company has a 50-day simple moving average of $12.20 and a 200 day simple moving average of $12.48. The company has a current ratio of 0.84, a quick ratio of 0.69 and a debt-to-equity ratio of 0.85.
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.
See Also
- Five stocks we like better than Metals Acquisition
- Using the MarketBeat Dividend Tax Calculator
- Top 3 Investment Themes to Watch for in 2025
- What is the Dogs of the Dow Strategy? Overview and Examples
- Mega Buybacks in 2025: Why These 3 Leading Stocks Are Buys
- What is the Nikkei 225 index?
- AMD vs. NVIDIA: The Better Semiconductor Bet for 2025
Want to see what other hedge funds are holding MTAL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Metals Acquisition Limited (NYSE:MTAL – Free Report).
Receive News & Ratings for Metals Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Metals Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.