National Bank Financial Estimates MTAL FY2025 Earnings

Metals Acquisition Limited (NYSE:MTAL) – Investment analysts at National Bank Financial decreased their FY2025 earnings per share estimates for shares of Metals Acquisition in a research report issued on Tuesday, February 4th. National Bank Financial analyst S. Nagle now forecasts that the company will post earnings of $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 $0.29 per share.

Separately, Scotiabank dropped their target price 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 Price Performance

Shares of MTAL stock opened at $10.83 on Thursday. Metals Acquisition has a 12-month low of $9.89 and a 12-month high of $15.26. The stock’s 50-day moving average price is $11.16 and its 200-day moving average price is $11.84. The company has a quick ratio of 0.69, a current ratio of 0.84 and a debt-to-equity ratio of 0.85.

Institutional Trading of Metals Acquisition

A number of large investors have recently modified their holdings of the company. Wellington Management Group LLP boosted its stake in shares of Metals Acquisition by 799.1% during 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. Bank of Montreal Can acquired a new stake in Metals Acquisition during the 3rd quarter valued at approximately $6,049,000. State Street Corp raised its stake in shares of Metals Acquisition by 28.7% during the 3rd quarter. State Street Corp now owns 698,943 shares of the company’s stock valued at $9,680,000 after buying an additional 156,022 shares during the last quarter. Barclays PLC lifted its holdings in Metals Acquisition by 286.6% in the third quarter. Barclays PLC now owns 72,260 shares of the company’s stock valued at $1,000,000 after acquiring an additional 53,567 shares during the period. Finally, Townsquare Capital LLC purchased a new stake in Metals Acquisition during the third quarter worth $284,000. Hedge funds and other institutional investors own 87.47% of the company’s stock.

About Metals Acquisition

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.