Tidal Investments LLC Buys Shares of 13,458 Metals Acquisition Limited (NYSE:MTAL)

Tidal Investments LLC purchased a new position in shares of Metals Acquisition Limited (NYSE:MTAL) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 13,458 shares of the company’s stock, valued at approximately $186,000.

A number of other hedge funds have also recently modified their holdings of the business. Amalgamated Bank bought a new position in Metals Acquisition in the 2nd quarter worth $26,000. Quarry LP bought a new position in shares of Metals Acquisition in the third quarter worth about $34,000. Quantbot Technologies LP purchased a new position in shares of Metals Acquisition during the 3rd quarter valued at about $46,000. FMR LLC purchased a new position in shares of Metals Acquisition during the 3rd quarter valued at about $107,000. Finally, Creative Planning bought a new position in shares of Metals Acquisition during the 3rd quarter valued at approximately $190,000. Institutional investors own 87.47% of the company’s stock.

Metals Acquisition Stock Performance

NYSE MTAL opened at $10.85 on Thursday. Metals Acquisition Limited has a 12 month low of $9.89 and a 12 month high of $15.26. The company’s 50 day moving average is $12.26 and its two-hundred day moving average is $12.51. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.69 and a current ratio of 0.84.

Metals Acquisition Company Profile

Metals Acquisition Limited focuses on mining and production of copper and silver. It operates the CSA copper mine in Cobar, Australia. The company was incorporated in 2022 and is headquartered in Saint Helier, Jersey.