Metals AcquisitionMTAL
Market Cap: $850M
About: Metals Acquisition Ltd is a company focused on operating and acquiring metals and mining businesses in high-quality, stable jurisdictions that are critical in the electrification and decarbonization of the economy. It works in a single segment: the mining and production of copper and silver from the CSA Mine.
Employees: 3
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
457% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 7
103% more funds holding
Funds holding: 31 [Q1] → 63 (+32) [Q2]
38% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 8
8% more capital invested
Capital invested by funds: $291M [Q1] → $314M (+$22.6M) [Q2]
14.17% less ownership
Funds ownership: 45.18% [Q1] → 31.01% (-14.17%) [Q2]
25% less funds holding in top 10
Funds holding in top 10: 4 [Q1] → 3 (-1) [Q2]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Scotiabank Eric Winmill 57% 1-year accuracy 4 / 7 met price target | 39%upside $16 | Sector Outperform Maintained | 19 Aug 2024 |
BMO Capital Jackie Przybylowski 100% 1-year accuracy 18 / 18 met price target | 31%upside $15 | Market Perform Maintained | 23 Jul 2024 |