Metals Royalty Co Inc. The (NASDAQ:TMCR) Releases Earnings Results

Metals Royalty Co Inc. The (NASDAQ:TMCR) issued its quarterly earnings results on Monday. The company reported ($0.12) earnings per share for the quarter, FiscalAI reports.

Metals Royalty Co Inc. The Trading Up 5.6%

Shares of NASDAQ:TMCR opened at $6.23 on Tuesday. The stock has a market capitalization of $386.51 million and a price-to-earnings ratio of -31.15. The stock’s 50 day moving average is $7.40. Metals Royalty Co Inc. The has a one year low of $5.14 and a one year high of $21.38.

Analyst Upgrades and Downgrades

TMCR has been the topic of several recent research reports. Zacks Research upgraded shares of Metals Royalty Co Inc. The to a “hold” rating in a research note on Thursday, June 4th. Weiss Ratings initiated coverage on shares of Metals Royalty Co Inc. The in a report on Thursday, July 2nd. They set a “sell (e-)” rating for the company. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce”.

Metals Royalty Co Inc. The Company Profile

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.