Barclays PLC boosted its stake in Metals Acquisition Limited (NYSE:MTAL – Free Report) by 286.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 72,260 shares of the company’s stock after purchasing an additional 53,567 shares during the quarter. Barclays PLC’s holdings in Metals Acquisition were worth $1,000,000 as of its most recent SEC filing.
Other large investors have also recently made changes to their positions in the company. Bank of New York Mellon Corp bought a new position in shares of Metals Acquisition in the second quarter valued at $2,141,000. Creative Planning bought a new position in shares of Metals Acquisition in the third quarter valued at $190,000. Amalgamated Bank bought a new position in shares of Metals Acquisition in the second quarter valued at $26,000. FMR LLC bought a new position in shares of Metals Acquisition in the third quarter valued at $107,000. Finally, State Street Corp lifted its stake in shares of 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 buying an additional 156,022 shares in the last quarter. 87.47% of the stock is owned by institutional investors.
Metals Acquisition Stock Down 1.0 %
MTAL opened at $10.53 on Tuesday. 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 $12.13 and its 200 day moving average is $12.40. Metals Acquisition Limited has a fifty-two week low of $9.89 and a fifty-two week high of $15.26.
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.
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