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

Metals Royalty Co Inc. The (NASDAQ:TMCR) released its quarterly earnings data on Monday. The company reported ($0.12) EPS for the quarter, FiscalAI reports.

Metals Royalty Co Inc. The Stock Performance

Shares of NASDAQ:TMCR traded up $0.33 during trading on Monday, hitting $6.23. 50,214 shares of the stock traded hands, compared to its average volume of 89,041. The business’s fifty day simple moving average is $7.53. The stock has a market capitalization of $386.54 million and a P/E ratio of -31.15. Metals Royalty Co Inc. The has a 52-week low of $5.14 and a 52-week high of $21.38.

Analyst Ratings Changes

Several equities research analysts have commented on the stock. Zacks Research raised shares of Metals Royalty Co Inc. The to a “hold” rating in a report on Thursday, June 4th. Weiss Ratings initiated coverage on Metals Royalty Co Inc. The in a research note on Thursday, July 2nd. They set a “sell (e-)” rating for the company. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Reduce”.

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.