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

Metals Royalty Co Inc. The (NASDAQ:TMCR) was the recipient of a significant decline in short interest in the month of June. As of June 15th, there was short interest totaling 54,127 shares, a decline of 40.8% from the May 31st total of 91,461 shares. Based on an average daily trading volume, of 70,370 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.1% of the company’s shares are short sold.

Metals Royalty Co Inc. The Stock Down 3.9%

Shares of NASDAQ:TMCR traded down $0.28 during trading on Wednesday, reaching $6.86. 90,227 shares of the stock were exchanged, compared to its average volume of 101,354. Metals Royalty Co Inc. The has a 1-year low of $6.40 and a 1-year high of $21.38. The stock has a fifty day moving average price of $12.04.

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

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Zacks Research raised shares of Metals Royalty Co Inc. The to a “hold” rating in a research report on Thursday, June 4th. Wall Street Zen raised shares of Metals Royalty Co Inc. The to a “hold” rating in a research note on Saturday, April 11th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has an average rating of “Hold”.

Metals Royalty Co Inc. The Company Profile

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.