Metals Royalty Co Inc. The (NASDAQ:TMCR) Stock Short Interest Report for September

Metals Royalty Co Inc. The (NASDAQ:TMCR) was the recipient of a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 164,914 shares, a growth of 787.3% from the September 15th total of 18,587 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily volume of 137,796 shares, the days-to-cover ratio is currently 1.2 days.

Analyst Upgrades and Downgrades

TMCR has been the topic of a number of recent analyst reports. Weiss Ratings reaffirmed a “sell (e-)” rating on shares of Metals Royalty Co Inc. The in a research report on Tuesday, September 29th. Wall Street Zen cut shares of Metals Royalty Co Inc. The from a “hold” rating to a “sell” rating in a research report on Saturday, August 15th. Stifel Nicolaus set a $10.00 price target on shares of Metals Royalty Co Inc. The and gave the company a “buy” rating in a research note on Thursday, August 27th. Finally, 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. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $10.00.

Metals Royalty Co Inc. The Price Performance

NASDAQ:TMCR opened at $2.97 on Monday. Metals Royalty Co Inc. The has a 52 week low of $2.82 and a 52 week high of $21.38. The stock’s fifty day moving average price is $5.26. The firm has a market capitalization of $200.21 million and a PE ratio of -9.28. 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 (NASDAQ:TMCR) last issued its quarterly earnings data on Monday, August 10th. The company reported ($0.12) earnings per share for the quarter. On average, sell-side analysts expect that Metals Royalty Co Inc. The will post -0.36 EPS for the current fiscal year.

Metals Royalty Co Inc. The Company Profile

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.