Metals Acquisition (MTAL) Set to Announce Earnings on Monday

Metals Acquisition (NYSE:MTAL) is set to issue its quarterly earnings data after the market closes on Monday, October 21st. Analysts expect the company to announce earnings of $0.06 per share for the quarter.

Metals Acquisition Stock Performance

Shares of MTAL opened at $12.42 on Friday. Metals Acquisition has a 52-week low of $9.50 and a 52-week high of $15.26. The company has a 50-day simple moving average of $12.11 and a 200-day simple moving average of $12.95. The company has a current ratio of 0.84, a quick ratio of 0.69 and a debt-to-equity ratio of 0.85.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the company. BMO Capital Markets raised their price target on shares of Metals Acquisition from $13.00 to $15.00 and gave the stock a “market perform” rating in a research note on Tuesday, July 23rd. Scotiabank decreased their target price on shares of Metals Acquisition from $17.00 to $16.00 and set a “sector outperform” rating on the stock in a research report on Monday, August 19th.

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.