Tidal Investments LLC Acquires New Shares in Metals Acquisition Limited (NYSE:MTAL)

Tidal Investments LLC bought a new position in Metals Acquisition Limited (NYSE:MTAL) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 13,458 shares of the company’s stock, valued at approximately $186,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Barclays PLC grew its stake in shares of Metals Acquisition by 286.6% in the third quarter. Barclays PLC now owns 72,260 shares of the company’s stock worth $1,000,000 after acquiring an additional 53,567 shares during the period. Wellington Management Group LLP boosted its holdings in Metals Acquisition by 799.1% in the third quarter. Wellington Management Group LLP now owns 909,588 shares of the company’s stock worth $12,598,000 after purchasing an additional 808,418 shares during the last quarter. State Street Corp grew its position in Metals Acquisition by 28.7% in the 3rd quarter. State Street Corp now owns 698,943 shares of the company’s stock worth $9,680,000 after purchasing an additional 156,022 shares during the period. Quarry LP purchased a new stake in Metals Acquisition during the 3rd quarter valued at $34,000. Finally, MetLife Investment Management LLC lifted its holdings in shares of Metals Acquisition by 129.1% during the 3rd quarter. MetLife Investment Management LLC now owns 31,654 shares of the company’s stock valued at $438,000 after buying an additional 17,836 shares during the period. Institutional investors own 87.47% of the company’s stock.

Metals Acquisition Stock Performance

Shares of MTAL opened at $10.85 on Thursday. The company has a quick ratio of 0.69, a current ratio of 0.84 and a debt-to-equity ratio of 0.85. Metals Acquisition Limited has a one year low of $9.89 and a one year high of $15.26. The business has a fifty day moving average of $12.26 and a 200 day moving average of $12.51.

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.