Metals Acquisition (MTAL) Set to Announce Quarterly Earnings on Tuesday

Metals Acquisition (NYSE:MTAL - Get Free Report) is set to release its earnings data before the market opens on Tuesday, April 30th. Analysts expect Metals Acquisition to post earnings of $0.22 per share for the quarter.

Metals Acquisition Stock Performance

Shares of NYSE MTAL traded up $0.41 during mid-day trading on Friday, hitting $13.89. 934,915 shares of the company's stock traded hands, compared to its average volume of 189,780. The company's 50-day moving average is $12.82 and its two-hundred day moving average is $11.74. The company has a quick ratio of 0.23, a current ratio of 0.31 and a debt-to-equity ratio of 1.45. Metals Acquisition has a 1 year low of $8.49 and a 1 year high of $14.11.

Wall Street Analysts Forecast Growth

Separately, Scotiabank initiated coverage on shares of Metals Acquisition in a report on Monday, March 4th. They set a "sector outperform" rating and a $14.50 price target on the stock. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, Metals Acquisition presently has a consensus rating of "Buy" and a consensus target price of $13.92.

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.