MTAL stock icon

Metals Acquisition
MTAL

$11.48
0.26%

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

0
Funds holding %
of 6,710 funds
Analysts bullish %

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

Low target
$15
31%
upside
Avg. target
$15.50
35%
upside
High target
$16
39%
upside

2 analyst ratings

positive
50%
neutral
50%
negative
0%
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

Financial journalist opinion