The Metals Acquisition Corp (MTAL) share price is expected to increase by 37.8% over the next year. This is based on calculating the average 12-month share price estimate provided by 0 stock analysts who have covered MTAL. Price targets range from $15.5 at the low end to $23 at the high end. The current analyst consensus for MTAL is a sell. Please note analyst price targets are not guaranteed and could be missed completely.
About 0 Wall Street analysts have assignedMTAL 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Metals Acquisition Corp to sell. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on MTAL. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of MTAL.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Eric Winmill Scotiabank | Sector Outperform | $16 | Maintains | Aug 19, 2024 |
Jackie Przybylowski BMO Capital | Market Perform | $15 | Maintains | Jul 23, 2024 |
Eric Winmill Scotiabank | Sector Outperform | $17 | Maintains | May 30, 2024 |
Jackie Przybylowski BMO Capital | Market Perform | $12 | Downgrade | May 21, 2024 |
Eric Winmill Scotiabank | Sector Outperform | $14.5 | Initiates | Mar 4, 2024 |
Jackie Przybylowski BMO Capital | Outperform | $14 | Initiates | Aug 17, 2023 |
Canaccord Genuity | Buy | Initiates | Jul 25, 2023 |
When did it IPO
2021
Staff Count
0
Country
Jersey
Sector/Industry
Basic Materials/Copper
CEO
Mr. Michael James W. McMullen B.Sc., M.A.
Market Cap
$1.08B
In 2023, MTAL generated $159.0M in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that MTAL's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Paulson & Co. won Detour Gold's proxy battle in December 2018. McMullen, now CEO of Metals Acquisition Limited, led the acquisition of the CSA copper mine from Glencore in July 2023.
Why It Matters - McMullen's leadership at Metals Acquisition Limited post-acquisition highlights a potential turnaround strategy, making the company's performance closely tied to management effectiveness.
Summary - Metals Acquisitions Limited (NYSE:MTAL) will discuss Q3 2024 results in a conference call on October 21, 2022, at 6:00 PM ET, featuring CEO Mick McMullen and CFO Morne Engelbrecht.
Why It Matters - Metals Acquisitions Limited's Q3 2024 results can indicate financial health and operational performance, influencing stock valuation and investor sentiment in the metals sector.
Summary - Metals Acquisition Limited (NYSE: MTAL) reports ongoing exploration at the CSA Copper Mine, with results from QTS North to be included in the 2024 Resource and Reserve Estimate update.
Why It Matters - Metals Acquisition Limited's update on the CSA Copper Mine indicates ongoing exploration success, potentially enhancing future resource estimates and impacting stock valuation.
Summary - Metals Acquisition Limited (NYSE: MTAL; ASX: MAC) reported a TRIFR of 14.2 for Q3 2024, indicating a slight decrease from the previous quarter due to new remediation strategies.
Why It Matters - The decrease in TRIFR indicates improved safety performance, which can enhance operational efficiency and reduce liability risks, positively impacting investor confidence and stock performance.
Summary - Metals Acquisition Limited (NYSE: MTAL; ASX: MAC) will release Q3 2024 results on October 21, 2024, after market close, and host a conference call and webcast thereafter.
Why It Matters - Metals Acquisition Limited's upcoming quarterly results can impact stock performance, influencing investor sentiment and trading decisions based on financial health and market outlook.
Summary - Metals Acquisition Limited (NYSE: MTAL; ASX: MAC) has secured commitments to raise approximately A$150 million (US$103 million) at A$18.00 per New CDI, indicating strong investor support.
Why It Matters - Metals Acquisition Limited's successful capital raise indicates strong investor confidence, enhancing funding for the CSA Copper Mine and potentially driving future growth and profitability.