Metals Acquisition (NYSE:MTAL) Cut to “Hold” at National Bank Financial

National Bank Financial lowered shares of Metals Acquisition (NYSE:MTALFree Report) from a strong-buy rating to a hold rating in a report published on Wednesday,Zacks.com reports. National Bank Financial also issued estimates for Metals Acquisition’s Q3 2025 earnings at $0.27 EPS and FY2025 earnings at $0.85 EPS.

A number of other brokerages also recently weighed in on MTAL. BMO Capital Markets assumed coverage on shares of Metals Acquisition in a research report on Wednesday, April 16th. They issued an “outperform” rating and a $11.00 price target on the stock. Scotiabank reduced their price target on shares of Metals Acquisition from $16.00 to $14.50 and set a “sector outperform” rating on the stock in a research report on Monday, January 6th.

Read Our Latest Analysis on Metals Acquisition

Metals Acquisition Price Performance

NYSE:MTAL opened at $8.95 on Wednesday. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.69 and a current ratio of 0.84. Metals Acquisition has a 12-month low of $7.69 and a 12-month high of $15.26. The stock’s fifty day simple moving average is $9.50 and its 200-day simple moving average is $10.85.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Barclays PLC lifted its position in Metals Acquisition by 286.6% in the 3rd quarter. Barclays PLC now owns 72,260 shares of the company’s stock valued at $1,000,000 after acquiring an additional 53,567 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of Metals Acquisition by 70.7% in the 4th quarter. JPMorgan Chase & Co. now owns 112,771 shares of the company’s stock valued at $1,198,000 after purchasing an additional 46,701 shares during the period. American Century Companies Inc. lifted its holdings in shares of Metals Acquisition by 58.5% in the fourth quarter. American Century Companies Inc. now owns 906,421 shares of the company’s stock valued at $9,626,000 after purchasing an additional 334,505 shares in the last quarter. Glencore plc acquired a new position in shares of Metals Acquisition during the fourth quarter worth about $106,200,000. Finally, SG Americas Securities LLC grew its holdings in shares of Metals Acquisition by 12.6% during the fourth quarter. SG Americas Securities LLC now owns 19,959 shares of the company’s stock worth $212,000 after buying an additional 2,232 shares in the last quarter. Institutional investors own 87.47% of the company’s stock.

About Metals Acquisition

(Get Free Report)

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.

Read More

Receive News & Ratings for Metals Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Metals Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.