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Metals Corp (MTAL)
NYSE:MTAL
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Metals Corp
(NYSE:MTAL)
50Neutral
Metals Corp (MTAL) vs. S&P 500 (SPY)
Market Cap
$747.39M
Dividend YieldN/A
Average Volume (3M)288.33K
Price to Earnings (P/E)―
Beta (1Y)1.12
Revenue GrowthN/A
EPS GrowthN/A
CountryUS
Employees500
SectorBasic Materials
Sector Strength63
IndustryMining
Share Statistics
EPS (TTM)N/A
Shares Outstanding74,072,550
10 Day Avg. Volume395,122
30 Day Avg. Volume288,331
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)4.36
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$14.50Price Target Upside43.71% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
Metals Corp Business Overview & Revenue Model
Company DescriptionMetals Acquisition Corp is a blank check company.
How the Company Makes MoneyMetals Corp makes money primarily through the sale of extracted and processed metal products. Key revenue streams include the sale of raw and refined metals to manufacturers and industrial clients across diverse sectors such as construction, automotive, and electronics. The company also enters long-term contracts and partnerships with major industrial firms, ensuring a stable demand for its products. Additionally, Metals Corp engages in commodity trading, leveraging market fluctuations to generate profits. Strategic investments in mining technology and efficient production processes further enhance the company's profitability by reducing costs and increasing output.
Metals Corp Financial Statement Overview
Summary
Metals Corp faces significant financial challenges, evident from its negative profitability metrics and high leverage. The company struggles with revenue generation and cash flow management, posing risks to its financial stability. While equity financing provides some support, improvements in operational efficiency and revenue growth are crucial for future sustainability.Income Statement
Metals Corp shows a challenging financial landscape with significant losses in the most recent year. The gross profit margin indicates low profitability, and the net profit margin is severely negative, reflecting substantial net losses. Positive revenue growth is absent, indicating struggles in generating sales. Negative EBIT and EBITDA margins further highlight operational inefficiencies.40
Negative
Balance Sheet
The balance sheet reveals a high debt-to-equity ratio, indicating potential leverage risks. However, the company maintains a reasonable equity ratio, showcasing moderate asset financing through equity. Negative return on equity points to unprofitable utilization of shareholder investments, suggesting room for financial stability improvement.50
Neutral
Cash Flow
The cash flow statement indicates negative free cash flow growth, pointing to challenges in generating positive cash flow. The operating cash flow to net income ratio is unfavorable, reflecting inefficiencies in converting income into cash. However, significant financing cash flows suggest potential liquidity support.45
Neutral
| Breakdown | ||
| Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|
| Income Statement | Total Revenue | |
| 159.00M | 0.00 | 0.00 | Gross Profit |
| 17.83M | -2.12M | 0.00 | EBIT |
| -74.95M | 3.79M | -1.12M | EBITDA |
| -72.29M | -4.74M | 10.82M | Net Income Common Stockholders |
| -144.55M | -13.28M | 10.82M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |
| 32.37M | 42.31K | 954.97K | Total Assets |
| 1.31B | 270.19M | 266.64M | Total Debt |
| 411.44M | 786.10K | 0.00 | Net Debt |
| 409.07M | 743.78K | -954.97K | Total Liabilities |
| 1.04B | 25.68M | 18.32M | Stockholders Equity |
| 268.03M | 244.52M | 248.31M |
| Cash Flow | Free Cash Flow | |
| -36.86M | -2.90M | -1.04M | Operating Cash Flow |
| -11.71M | -2.90M | -1.04M | Investing Cash Flow |
| -779.11M | 0.00 | -265.15M | Financing Cash Flow |
| 823.14M | 1.99M | 267.14M |
Metals Corp Technical Analysis
Negative
10.09
Price Trends
10.62
Negative
11.44
Negative
12.13
Negative
Market Momentum
-0.29
Positive
45.16
Neutral
18.81
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MTAL, the sentiment is Negative. The current price of 10.09 is below the 20-day moving average (MA) of 10.55, below the 50-day MA of 10.62, and below the 200-day MA of 12.13, indicating a bearish trend. The MACD of -0.29 indicates Positive momentum. The RSI at 45.16 is Neutral, neither overbought nor oversold. The STOCH value of 18.81 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for MTAL.
Metals Corp Risk Analysis
Metals Corp disclosed 95 risk factors in its most recent earnings report. Metals Corp reported the most risks in the “Finance & Corporate” category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Metals Corp Peers Comparison
Overall Rating
UnderperformOutperform
Sector (46)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | $126.53B | 11.07 | 26.13% | 5.80% | -3.15% | 54.08% | |
71 Outperform | $49.58B | 28.35 | 10.92% | 1.74% | 10.71% | 1.94% | |
70 Outperform | $104.97B | 8.74 | 20.93% | 6.98% | -0.81% | 14.59% | |
67 Neutral | $8.27B | 110.49 | 1.28% | 1.29% | 14.80% | 96.53% | |
66 Neutral | $47.75B | 15.35 | 11.13% | 2.30% | 58.27% | ― | |
50 Neutral | $747.39M | ― | -53.93% | ― | ― | ― | |
46 Neutral | $2.64B | -3.89 | -29.36% | 3.33% | 2.89% | -29.66% |
* Basic Materials Sector Average
Performance Comparison
MTAL
Metals Corp
10.19
-2.31
-18.48%
AA
Alcoa
33.25
3.03
10.03%
BHP
BHP Group
48.36
-5.88
-10.84%
FCX
Freeport-McMoRan
36.78
-6.08
-14.19%
NEM
Newmont Mining
43.63
10.03
29.85%
RIO
Rio Tinto
60.78
1.53
2.58%
Metals Corp Earnings Call Summary
Earnings Call Date: Jan 28, 2025 | % Change Since: -2.89% | Next Earnings Date: Aug 28, 2025
Earnings Call Sentiment Positive
The earnings call highlighted strong operational and financial performance, including record copper production, significant cost reductions, and balance sheet improvements. Despite a few challenges such as a delayed shipment and contractor issues, the company is well-positioned for future growth with ongoing projects and a clear strategy.Highlights
Record Copper Production
MAC Copper Limited achieved a record copper production of 11,320 tonnes at a grade of 4.1% milled, surpassing the mid-point of their guidance.
Strong Financial Performance
The company reported a 47% EBITDA margin and converted 74% of that to cash. Liquidity stood at US$213 million, with a significant reduction in net gearing to 15%.
Cost Reduction Achievements
Achieved a record low C1 cash cost of US$1.66/lb, with a significant 70% reduction impacting costs positively.
Balance Sheet Deleveraging
Net gearing reduced from 41% to 15%, and cash and cash equivalents increased from US$32 million to US$172 million.
Future Growth Plans
The company is on track to exceed 50,000 tonnes of copper production by 2026, with ongoing projects like the Ventilation project and QTS South Upper development.
Safety Improvements
TRIFR improved from 14 to just under 11, indicating better safety performance.
Lowlights
Delayed Shipping Impact
A delayed shipment in December affected revenue recognition, impacting free cash flow from operations which could have been US$37 million instead of US$30 million.
Challenges with External Contractors
The company faced delays in QTS South Upper development due to the inability to secure external contractors, losing about three months in the process.
Company Guidance
During the MAC Copper Limited Q4 2024 Conference Call, CEO Mick McMullen highlighted key metrics and achievements that positioned the company favorably for the future. The company reported production of 11,320 tonnes of copper at a grade of 4.1% milled, surpassing the mid-point of last year's guidance. The C1 cost for the quarter stood at US$1.66/lb, with a total cash cost of US$2.31/lb, reflecting a solid EBITDA margin of 47% and a cash conversion rate of 74%. The company's liquidity at year-end reached US$213 million, or A$340 million, bolstered by a net gearing reduction to 15%. MAC Copper Limited aims to exceed 50,000 tonnes of copper production by 2026, with the mid-point of guidance for 2025 at around 50,000 tonnes. The company is also implementing growth projects like the Ventilation project and QTS South Upper, while maintaining a focus on organic growth and further balance sheet optimization.Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.