Shares of Metals Acquisition Ltd (MTAL, Financial) fell 5.10% in mid-day trading on Oct 8. The stock reached an intraday low of $13.09, before recovering slightly to $13.20, down from its previous close of $13.91. This places MTAL 13.50% below its 52-week high of $15.26 and 38.95% above its 52-week low of $9.50. Trading volume was 56,150 shares, 21.1% of the average daily volume of 266,712.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 5 analysts, the average target price for Metals Acquisition Ltd (MTAL, Financial) is $17.50 with a high estimate of $23.00 and a low estimate of $15.50. The average target implies an upside of 32.58% from the current price of $13.20. More detailed estimate data can be found on the Metals Acquisition Ltd (MTAL) Forecast page.
Based on the consensus recommendation from 5 brokerage firms, Metals Acquisition Ltd's (MTAL, Financial) average brokerage recommendation is currently 1.6, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
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