Equities Analysts Issue Forecasts for MTAL Q1 Earnings

Metals Acquisition Limited (NYSE:MTAL) – Analysts at National Bank Financial issued their Q1 2025 earnings per share estimates for Metals Acquisition in a research note issued on Monday, February 24th. National Bank Financial analyst S. Nagle expects that the company will post earnings per share of $0.34 for the quarter. The consensus estimate for Metals Acquisition’s current full-year earnings is $0.16 per share. National Bank Financial also issued estimates for Metals Acquisition’s FY2025 earnings at $1.00 EPS, FY2026 earnings at $1.09 EPS and FY2027 earnings at $1.28 EPS.

Separately, Scotiabank reduced their target price on shares of Metals Acquisition from $16.00 to $14.50 and set a “sector outperform” rating for the company in a research note on Monday, January 6th.

Metals Acquisition Price Performance

Shares of Metals Acquisition stock opened at $10.63 on Thursday. The stock has a 50-day simple moving average of $10.76 and a 200-day simple moving average of $11.72. Metals Acquisition has a 52-week low of $9.89 and a 52-week high of $15.26. The company has a current ratio of 0.84, a quick ratio of 0.69 and a debt-to-equity ratio of 0.85.

Hedge Funds Weigh In On Metals Acquisition

Several institutional investors have recently bought and sold shares of the stock. Glencore plc acquired a new position in shares of Metals Acquisition during the 4th quarter valued at about $106,200,000. SailingStone Capital Partners LLC boosted its holdings in shares of Metals Acquisition by 3.9% during the 4th quarter. SailingStone Capital Partners LLC now owns 2,633,391 shares of the company’s stock worth $27,967,000 after buying an additional 98,925 shares during the period. Millennium Management LLC grew its stake in Metals Acquisition by 11.2% in the 4th quarter. Millennium Management LLC now owns 2,028,073 shares of the company’s stock valued at $21,538,000 after buying an additional 204,439 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Metals Acquisition by 11.7% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,865,422 shares of the company’s stock worth $19,811,000 after acquiring an additional 194,813 shares during the period. Finally, Wellington Management Group LLP lifted its position in Metals Acquisition by 799.1% during the 3rd quarter. Wellington Management Group LLP now owns 909,588 shares of the company’s stock worth $12,598,000 after acquiring an additional 808,418 shares during the last quarter. 87.47% of the stock is currently owned by institutional investors.

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.