Metals Acquisition (NYSE:MTAL – Get Free Report) will be announcing its earnings results before the market opens on Tuesday, April 30th. Analysts expect the company to announce earnings of $0.22 per share for the quarter.
Metals Acquisition Stock Up 3.0 %
Shares of NYSE:MTAL traded up $0.41 during midday trading on Friday, reaching $13.89. The company’s stock had a trading volume of 934,915 shares, compared to its average volume of 189,780. The business’s fifty day simple moving average is $12.82 and its 200-day simple moving average is $11.74. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.23 and a current ratio of 0.31. Metals Acquisition has a fifty-two week low of $8.49 and a fifty-two week high of $14.11.
Analysts Set New Price Targets
Separately, Scotiabank assumed coverage on shares of Metals Acquisition in a research note on Monday, March 4th. They issued a “sector outperform” rating and a $14.50 target price for the company. Five analysts have rated the stock with a buy rating, According to MarketBeat, Metals Acquisition currently has an average rating of “Buy” and an average price target of $13.92.
About Metals Acquisition
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.
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