Metals Royalty Co Inc. The (NASDAQ:TMCR) Cut to “Sell” at Wall Street Zen

Wall Street Zen cut shares of Metals Royalty Co Inc. The (NASDAQ:TMCR) from a hold rating to a sell rating in a research note issued to investors on Saturday.

TMCR has been the topic of several other research reports. Weiss Ratings began coverage on Metals Royalty Co Inc. The in a research note on Thursday, July 2nd. They set a “sell (e-)” rating on the stock. Zacks Research raised shares of Metals Royalty Co Inc. The to a “hold” rating in a report on Thursday, June 4th. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Reduce”.

Metals Royalty Co Inc. The Stock Performance

Shares of TMCR stock opened at $6.57 on Friday. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.67 and a quick ratio of 1.67. The business has a fifty day simple moving average of $6.83. The stock has a market cap of $407.60 million and a price-to-earnings ratio of -32.85. Metals Royalty Co Inc. The has a 52-week low of $5.14 and a 52-week high of $21.38.

Metals Royalty Co Inc. The (NASDAQ:TMCR) last announced its quarterly earnings data on Monday, August 10th. The company reported ($0.12) EPS for the quarter. On average, sell-side analysts forecast that Metals Royalty Co Inc. The will post -0.38 EPS for the current fiscal year.

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.