Metals Royalty Co Inc. The (NASDAQ:TMCR) Announces Quarterly Earnings Results

Metals Royalty Co Inc. The (NASDAQ:TMCR) announced its quarterly earnings data on Monday. The company reported $0.07 EPS for the quarter, FiscalAI reports.

Metals Royalty Co Inc. The Trading Up 11.4%

NASDAQ:TMCR opened at $2.00 on Tuesday. Metals Royalty Co Inc. The has a 1 year low of $1.70 and a 1 year high of $21.38. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.67 and a current ratio of 1.67. The stock has a fifty day moving average price of $3.58 and a two-hundred day moving average price of $7.56. The stock has a market capitalization of $135.16 million and a price-to-earnings ratio of -6.27.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. Stifel Nicolaus began coverage on shares of Metals Royalty Co Inc. The in a report on Thursday, August 27th. They issued a “buy” rating and a $10.00 target price on the stock. Weiss Ratings raised shares of Metals Royalty Co Inc. The from a “sell (e-)” rating to a “sell (e)” rating in a report on Wednesday, October 14th. William Blair started coverage on shares of Metals Royalty Co Inc. The in a research report on Monday, September 14th. They issued an “outperform” rating for the company. Finally, Wall Street Zen downgraded shares of Metals Royalty Co Inc. The from a “hold” rating to a “sell” rating in a research report on Saturday, August 15th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $10.00.

About Metals Royalty Co Inc. The

We are engaged in the acquisition and management of critical metals and mineral royalties, streams and other similar interests. We are focused on providing capital to support mineral security and independence in North America in support of accelerating domestic industry growth, including energy, defense and re-industrialization. We aim to focus on capital development opportunities encompassing all aspects of the critical metals and minerals value chain. Our royalty-based business model is designed to enable us to participate in the long-term potential cash flows and commodity upside of large-scale, strategically significant critical metals and mineral assets, with reduced exposure to operational, development or environmental risks typically associated with resource production operations.