FY2025 EPS Estimates for MTAL Cut by National Bank Financial

Metals Acquisition Limited (NYSE:MTAL) – Equities researchers at National Bank Financial dropped their FY2025 EPS estimates for Metals Acquisition in a note issued to investors on Tuesday, February 4th. National Bank Financial analyst S. Nagle now expects that the company will post earnings of $0.74 per share for the year, down from their prior forecast of $0.78. The consensus estimate for Metals Acquisition’s current full-year earnings is $0.29 per share.

Separately, Scotiabank lowered their price objective on shares of Metals Acquisition from $16.00 to $14.50 and set a “sector outperform” rating for the company in a research report on Monday, January 6th.

Metals Acquisition Stock Up 1.3 %

Shares of NYSE MTAL opened at $10.82 on Thursday. The stock’s 50-day simple moving average is $11.20 and its 200-day simple moving average 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. Metals Acquisition has a 1 year low of $9.89 and a 1 year high of $15.26.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Barclays PLC lifted its holdings in shares of Metals Acquisition by 286.6% during the third quarter. Barclays PLC now owns 72,260 shares of the company’s stock worth $1,000,000 after buying an additional 53,567 shares during the last quarter. State Street Corp boosted its position 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 acquiring an additional 156,022 shares in the last quarter. Creative Planning acquired a new position in Metals Acquisition in the third quarter worth about $190,000. FMR LLC acquired a new stake in Metals Acquisition during the third quarter valued at approximately $107,000. Finally, Wellington Management Group LLP grew its stake in shares of Metals Acquisition by 799.1% in the 3rd 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 during the period. Hedge funds and other institutional investors own 87.47% of the company’s stock.

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.