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

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

Metals Royalty Co Inc. The Stock Performance

TMCR stock opened at $1.88 on Wednesday. The firm has a 50-day moving average price of $3.49 and a 200-day moving average price of $7.52. Metals Royalty Co Inc. The has a 12 month low of $1.70 and a 12 month high of $21.38. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.67 and a quick ratio of 1.67.

Wall Street Analysts Forecast Growth

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