Metals Acquisition Limited (NYSE:MTAL – Get Free Report) has received a consensus rating of “Buy” from the five ratings firms that are presently covering the firm, Marketbeat reports. Five equities research analysts have rated the stock with a buy recommendation. The average 1 year price target among analysts that have covered the stock in the last year is $13.92.
Separately, Scotiabank began coverage on Metals Acquisition in a research note on Monday, March 4th. They set a “sector outperform” rating and a $14.50 price target for the company.
Check Out Our Latest Stock Analysis on Metals Acquisition
Institutional Trading of Metals Acquisition
Metals Acquisition Stock Up 2.0 %
MTAL opened at $13.48 on Tuesday. The company has a current ratio of 0.31, a quick ratio of 0.23 and a debt-to-equity ratio of 1.45. Metals Acquisition has a one year low of $8.49 and a one year high of $14.11. The business’s fifty day moving average is $12.78 and its two-hundred day moving average is $11.72.
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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