NYSE:MTAL

Metals Acquisition (MTAL) Stock Forecast, Price & News

$11.90

+0.18 (+1.54%)

(As of 02:36 PM ET)

Compare

Today's Range: $11.71
▼
$12.00
50-Day Range: $9.93
▼
$12.43
52-Week Range: $8.49
▼
$13.10

Volume: 10,903 shs
Average Volume: 85,250 shs
Market Capitalization: $576.08 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $13.33

Metals Acquisition MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 11.1% Upside
$13.33 Price Target
Short Interest: Bearish
2.87% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.75 out of 5 stars

Unclassified Sector

1st out of 1 stocks

Holding & Other Investment Offices Industry

8th out of 9 stocks

2.5

Analyst's Opinion

Consensus Rating
Metals Acquisition has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $13.33, Metals Acquisition has a forecasted upside of 11.1% from its current price of $12.00.
Amount of Analyst Coverage
Metals Acquisition has only been the subject of 3 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
2.87% of the float of Metals Acquisition has been sold short.
Short Interest Ratio / Days to Cover
Metals Acquisition has a short interest ratio ("days to cover") of 8.9.
Change versus previous month
Short interest in Metals Acquisition has recently increased by 139.19%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Metals Acquisition does not currently pay a dividend.
Dividend Growth
Metals Acquisition does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for MTAL.

1.1

News and Social Media Coverage

News Sentiment
Metals Acquisition has a news sentiment score of -1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 1.29 average news sentiment score of Unclassified companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Metals Acquisition this week, compared to 2 articles on an average week.
Search Interest
1 people have searched for MTAL on MarketBeat in the last 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Metals Acquisition insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.78% of the stock of Metals Acquisition is held by insiders.
Percentage Held by Institutions
76.10% of the stock of Metals Acquisition is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

N/A

Earnings and Valuation

See Top Rated MarketRank™ Stocks Here

About Metals Acquisition (NYSE:MTAL) Stock

Metals Acquisition Limited focuses on operating and acquiring metals and mining businesses. The company operates the CSA copper mine in Cobar, Australia. Metals Acquisition Limited is headquartered in St. Helier, Jersey.

MTAL Price History

30 days | 90 days | 365 days | Advanced Chart

MTAL Stock News Headlines

September 11, 2023 | juniorminingnetwork.com

Metals Acquisition Reports Drill Results Including 50.4m @ 8.9% Cu and Provides an Operational Update

September 5, 2023 | finance.yahoo.com

Metals Acquisition Limited Appoints Patrice Merrin as Chair of the Board

September 28, 2023 | Micro-Cap Stock Trader (Ad)

Windfall profits possible with this under-the-radar lithium stock.

Investor Find Lithium Gold and Crush the Bear Market with 32k Metric Tons

August 22, 2023 | theglobeandmail.com

How to play a looming copper bull market with demand set to rise

August 8, 2023 | thestreet.com

Metals Acquisition Corp Class A

August 1, 2023 | benzinga.com

Welsbach Technology Metals Acquisition Corp. Announces Extension to Business Combination Deadline; Working Capital Loan from Sponsor

July 26, 2023 | msn.com

Canaccord Genuity Initiates Coverage of Metals Acquisition (MTAL) with Buy Recommendation

July 19, 2023 | juniorminingnetwork.com

Metals Acquisition Appoints Chris Rosario as General Counsel

September 28, 2023 | Micro-Cap Stock Trader (Ad)

Windfall profits possible with this under-the-radar lithium stock.

Investor Find Lithium Gold and Crush the Bear Market with 32k Metric Tons

June 27, 2023 | finance.yahoo.com

Metals Acquisition Limited Ships First Copper Concentrate from CSA Copper Mine

June 22, 2023 | finance.yahoo.com

Power Metal Resources "very excited" for uranium exploration campaign

June 14, 2023 | juniorminingnetwork.com

QNB Metals Expands Goodwin Nickel / Copper Property in New Brunswick

June 13, 2023 | au.finance.yahoo.com

VW, Glencore Back $1 Billion SPAC Mine Deal to Secure EV Metals

June 13, 2023 | finanznachrichten.de

Eagle Plains Resources Ltd.: Eagle Plains Completes Acquisition of George Lake Critical Metals Deposit

June 12, 2023 | finance.yahoo.com

Metals Acquisition Corp Announces $52 Million of PIPE Subscription Agreements Executed for a Total of $230 Million of PIPE

May 25, 2023 | msn.com

Stratasys agrees to buy Desktop Metals in $1.8 billion all-stock deal

May 19, 2023 | uk.finance.yahoo.com

Global Base Metal Mining Market Report 2023: Sector is Expected to Reach $744.14 Billion by 2030 at a CAGR of 3.8%

May 18, 2023 | bizjournals.com

Family Business Profile: American Metals Supply's sale marks 'bittersweet' end to family ownership

May 16, 2023 | finance.yahoo.com

Metals Acquisition Corp Announces $35 million of Additional PIPE Subscription Agreements Executed for a Total of $175 million

May 15, 2023 | finanznachrichten.de

Emergent Metals Corp. Signs Term Sheet with Lahontan Gold Corp. for US$3.2 Million Mindora Property Transaction

May 12, 2023 | hk.finance.yahoo.com

Q1 2023 TMC the metals company Inc Earnings Call

May 11, 2023 | bizjournals.com

MacArthur Co. buys steel distributor American Metals Supply

May 11, 2023 | finance.yahoo.com

Metals Acquisition Corp Announces Effectiveness of Form F-4 Registration Statement and $26 million of Additional PIPE Subscription Agreements Executed for a Total of $140 million

May 10, 2023 | finance.yahoo.com

Looking For A Trusted Partner To Help You Acquire Gold Amid The Current Market Turbulence? Look No Further Than American Hartford Gold

May 8, 2023 | finance.yahoo.com

American Carbonyl acquires Ashland Micropowder and Iron Pentacarbonyl Assets

May 4, 2023 | finance.yahoo.com

Olympic Steel Reports First-Quarter 2023 Results

May 3, 2023 | businesswire.com

@AISTech 2023: Falkonry and iba AG Announce Technology Partnership

See More Headlines

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MTAL Company Calendar

Today: 9/28/2023
Fiscal Year End: 12/31/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Holding & other investment offices
Sub-Industry: N/A
Sector: Unclassified
Current Symbol: NYSE:MTAL
CUSIP: N/A
CIK: 1853021
Web: www.metalsacquisition.com
Phone: 817-698-9901
Fax: N/A
Employees: 2,021
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $13.33
High Stock Price Forecast: $14.00
Low Stock Price Forecast: $13.00
Forecasted Upside/Downside: +13.8%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-4,740,000.00
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: -1.53%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.01
Quick Ratio: 0.01

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: ($0.50) per share
Price / Book: -23.44

Miscellaneous

Outstanding Shares: 48,410,000
Free Float: 47,547,000
Market Cap: $567.37 million
Optionable: Not Optionable
Beta: 0.03

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Key Executives

Mr. Michael James W. McMullen B.Sc. (Age 53)
M.A., CEO & Director

Mr. Dan Vujcic (Age 44)
Interim CFO & Chief Devel. Officer

Mr. Chris P. Rosario
Gen. Counsel

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

MTAL Stock - Frequently Asked Questions

Should I buy or sell Metals Acquisition stock right now?: 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Metals Acquisition in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" MTAL shares.
View MTAL analyst ratings or view top-rated stocks.
What is Metals Acquisition's stock price forecast for 2023?: 3 analysts have issued 12 month target prices for Metals Acquisition's shares. Their MTAL share price forecasts range from $13.00 to $14.00. On average, they anticipate the company's share price to reach $13.33 in the next year. This suggests a possible upside of 13.8% from the stock's current price.
View analysts price targets for MTAL or view top-rated stocks among Wall Street analysts.
How have MTAL shares performed in 2023?: Metals Acquisition's stock was trading at $10.0050 at the start of the year. Since then, MTAL stock has increased by 17.1% and is now trading at $11.72.
View the best growth stocks for 2023 here.
Are investors shorting Metals Acquisition?: Metals Acquisition saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 219,100 shares, an increase of 139.2% from the August 31st total of 91,600 shares. Based on an average daily volume of 24,700 shares, the short-interest ratio is presently 8.9 days. Currently, 2.9% of the company's stock are sold short.
View Metals Acquisition's Short Interest.
What is Metals Acquisition's stock symbol?: Metals Acquisition trades on the New York Stock Exchange (NYSE) under the ticker symbol "MTAL."

Who are Metals Acquisition's major shareholders?: Metals Acquisition's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.95%), United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund (6.82%), Platinum Investment Management Ltd. (4.20%) and Regal Partners Ltd (0.62%).
How do I buy shares of Metals Acquisition?: Shares of MTAL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Metals Acquisition's stock price today?: One share of MTAL stock can currently be purchased for approximately $11.72.
How much money does Metals Acquisition make?: Metals Acquisition (NYSE:MTAL) has a market capitalization of $567.37 million.
How many employees does Metals Acquisition have?: The company employs 2,021 workers across the globe.
How can I contact Metals Acquisition?: Metals Acquisition's mailing address is 425 HOUSTON STREET, FORT WORTH TX, 76102. The official website for the company is www.metalsacquisition.com. The company can be reached via phone at 817-698-9901 or via email at 0.

This page (NYSE:MTAL) was last updated on 9/28/2023 by MarketBeat.com Staff

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