Metals Royalty Co Inc. The (NASDAQ:TMCR) Releases 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 Stock Performance

NASDAQ:TMCR traded up $0.20 during trading hours on Monday, reaching $2.00. 161,098 shares of the company’s stock were exchanged, compared to its average volume of 97,169. The firm has a market capitalization of $135.17 million and a price-to-earnings ratio of -6.27. The company has a 50-day moving average of $3.58 and a 200 day moving average of $7.56. The company has a quick ratio of 1.67, a current ratio of 1.67 and a debt-to-equity ratio of 0.35. Metals Royalty Co Inc. The has a 1-year low of $1.70 and a 1-year high of $21.38.

Analysts Set New Price Targets

TMCR has been the topic of a number of analyst reports. William Blair started coverage on Metals Royalty Co Inc. The in a research note on Monday, September 14th. They issued an “outperform” rating on the stock. Stifel Nicolaus initiated coverage on Metals Royalty Co Inc. The in a research report on Thursday, August 27th. They set a “buy” rating and a $10.00 target price on the stock. 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 raised Metals Royalty Co Inc. The from a “sell (e-)” rating to a “sell (e)” rating in a report on Wednesday, October 14th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently 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.