Metals Royalty Co Inc. The (NASDAQ:TMCR) Rating Increased to Strong-Buy at Stifel Nicolaus

Key Points

• Stifel Nicolaus upgraded Metals Royalty Co. to “strong buy,” but analyst sentiment remains mixed: the consensus rating is “hold,” with one strong-buy, one hold and one sell rating, and an average price target of $10.
• TMCR shares opened at $6.23 and were down 0.8%; the stock has traded between $4.90 and $21.38 over the past year, with a market capitalization of approximately $386.5 million.
• The company reported a quarterly loss of $0.12 per share, while analysts expect a full-year loss of approximately $0.38 per share.

Metals Royalty Co Inc. The (NASDAQ:TMCR - Get Free Report) was upgraded by equities research analysts at Stifel Nicolaus to a "strong-buy" rating in a report released on Thursday,Zacks.com reports.

A number of other analysts have also recently commented on the stock. Zacks Research upgraded shares of Metals Royalty Co Inc. The to a "hold" rating in a research note on Thursday, June 4th. Weiss Ratings assumed coverage on shares of Metals Royalty Co Inc. The in a report on Thursday, July 2nd. They issued a "sell (e-)" rating on the stock. Finally, Wall Street Zen downgraded shares of Metals Royalty Co Inc. The from a "hold" rating to a "sell" rating in a research note on Saturday, August 15th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $10.00.

Metals Royalty Co Inc. The Trading Down 0.8%

TMCR stock opened at $6.23 on Thursday. The business's 50-day moving average price is $6.27. Metals Royalty Co Inc. The has a 1 year low of $4.90 and a 1 year high of $21.38. The company has a market cap of $386.51 million and a PE ratio of -19.47. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.67 and a current ratio of 1.67.

Metals Royalty Co Inc. The (NASDAQ:TMCR - Get Free Report) last announced its earnings results on Monday, August 10th. The company reported ($0.12) EPS for the quarter. On average, analysts forecast that Metals Royalty Co Inc. The will post -0.38 earnings per share for the current fiscal year.

About Metals Royalty Co Inc. The

Metals Royalty Co Inc NASDAQ: TMCR is a publicly traded metals-focused royalty and streaming company. The company acquires, manages and monetizes royalty, stream and other net-smelter-return interests on mining projects, providing investors with exposure to commodity production without direct operational responsibility for mines. Its portfolio approach targets a range of metals, with an emphasis on precious metals such as gold and silver as well as select base metals.

Metals Royalty generates revenue through recurring payments tied to the production and sale of metals from properties on which it holds contractual royalty or streaming rights.

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