Equities Analysts Offer Predictions for Metals Acquisition Limited's FY2026 Earnings (NYSE:MTAL)

Metals Acquisition Limited (NYSE:MTAL - Free Report) - Research analysts at National Bank Financial boosted their FY2026 earnings estimates for shares of Metals Acquisition in a note issued to investors on Tuesday, April 23rd. National Bank Financial analyst S. Nagle now anticipates that the company will post earnings of $1.55 per share for the year, up from their previous estimate of $1.13. The consensus estimate for Metals Acquisition's current full-year earnings is ($0.27) per share. National Bank Financial also issued estimates for Metals Acquisition's FY2027 earnings at $1.52 EPS.

Separately, Scotiabank started coverage on shares of Metals Acquisition in a research note on Monday, March 4th. They issued a "sector outperform" rating and a $14.50 price objective for the company. Five analysts have rated the stock with a buy rating, According to MarketBeat, Metals Acquisition currently has a consensus rating of "Buy" and an average price target of $13.92.

Metals Acquisition Stock Up 3.0 %

MTAL stock traded up $0.41 during trading on Friday, hitting $13.89. 934,915 shares of the company's stock were exchanged, compared to its average volume of 82,036. The business has a 50-day moving average price of $12.82 and a two-hundred day moving average price of $11.74. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.31 and a quick ratio of 0.23. Metals Acquisition has a 52-week low of $8.49 and a 52-week high of $14.11.

Hedge Funds Weigh In On Metals Acquisition

A number of hedge funds and other institutional investors have recently made changes to their positions in MTAL. Kepos Capital LP purchased a new position in Metals Acquisition in the 3rd quarter valued at $210,000. Tuttle Capital Management LLC purchased a new position in Metals Acquisition during the first quarter worth about $517,000. Regal Partners Ltd raised its holdings in Metals Acquisition by 1.2% during the third quarter. Regal Partners Ltd now owns 303,705 shares of the company's stock worth $3,638,000 after purchasing an additional 3,705 shares in the last quarter. CI Investments Inc. acquired a new stake in Metals Acquisition in the third quarter valued at about $6,676,000. Finally, Adage Capital Partners GP L.L.C. boosted its holdings in Metals Acquisition by 10.4% in the 3rd quarter. Adage Capital Partners GP L.L.C. now owns 687,139 shares of the company's stock valued at $8,232,000 after purchasing an additional 64,616 shares in the last quarter. 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.