Metals Acquisition (MTAL)

• Market cap: $768M
• 1 day: -2.41%
• 5 days: -14.43%
• 1 month: -6.15%
• 3 months: -11.75%
• 6 months: -34.07%
• Year to date: -11.75%
• 1 year: -28.38%
• 5 years: -4.51%
• 10 years: -4.51%
• Sector: Materials
• Industry: Metal Mining

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

121% more repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 19

100% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 10

33% more funds holding in top 10

Funds holding in top 10: 3 [Q3] → 4 (+1) [Q4]

15.47% more ownership

Funds ownership: 35.02% [Q3] → 50.49% (+15.47%) [Q4]

12% more funds holding

Funds holding: 86 [Q3] → 96 (+10) [Q4]

10% more capital invested

Capital invested by funds: $359M [Q3] → $396M (+$36.8M) [Q4]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $14.50 56% upside
• Avg. target: $14.50 56% upside
• High target: $14.50 56% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

Scotiabank Eric Winmill 67% 1-year accuracy 6 / 9 met price target

56% upside $14.50

Sector Outperform Maintained

6 Jan 2025