Metals Royalty Co Inc. The (NASDAQ:TMCR) Short Interest Update

Metals Royalty Co Inc. The (NASDAQ:TMCR) was the target of a large growth in short interest in July. As of July 15th, there was short interest totaling 80,720 shares, a growth of 180.1% from the June 30th total of 28,820 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average trading volume of 75,822 shares, the days-to-cover ratio is currently 1.1 days.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the company. Zacks Research upgraded Metals Royalty Co Inc. The to a “hold” rating in a research note on Thursday, June 4th. Wall Street Zen raised shares of Metals Royalty Co Inc. The to a “hold” rating in a research report on Saturday, April 11th. Finally, Weiss Ratings began coverage on shares of Metals Royalty Co Inc. The in a report on Thursday, July 2nd. They issued a “sell (e-)” rating on the stock. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Metals Royalty Co Inc. The presently has a consensus rating of “Reduce”.

Metals Royalty Co Inc. The Trading Down 3.1%

Shares of TMCR stock opened at $6.19 on Tuesday. Metals Royalty Co Inc. The has a 1-year low of $5.14 and a 1-year high of $21.38. The stock’s fifty day simple moving average is $8.86. The stock has a market cap of $384.12 million and a P/E ratio of -31.32.

Metals Royalty Co Inc. The (NASDAQ:TMCR) last announced its earnings results on Monday, April 27th. The company reported ($0.13) earnings per share (EPS) for the quarter.

About Metals Royalty Co Inc. The

Metals Royalty Co Inc (NASDAQ: TMCR) is a publicly traded metals-focused royalty and streaming company. The company acquires, manages and monetizes royalty, stream and other net-smelter-return interests on mining projects, providing investors with exposure to commodity production without direct operational responsibility for mines. Its portfolio approach targets a range of metals, with an emphasis on precious metals such as gold and silver as well as select base metals.

Metals Royalty generates revenue through recurring payments tied to the production and sale of metals from properties on which it holds contractual royalty or streaming rights.