Metals Royalty Co Inc. The (NASDAQ:TMCR) Upgraded at Stifel Nicolaus

Metals Royalty Co Inc. The (NASDAQ:TMCR) was upgraded by investment analysts at Stifel Nicolaus to a “strong-buy” rating in a research report issued to clients and investors on Thursday,Zacks.com reports.

Several other research analysts also recently issued reports on the stock. Zacks Research upgraded shares of Metals Royalty Co Inc. The to a “hold” rating in a report on Thursday, June 4th. Weiss Ratings started coverage on Metals Royalty Co Inc. The in a report on Thursday, July 2nd. They issued a “sell (e-)” rating for the company. Finally, Wall Street Zen downgraded Metals Royalty Co Inc. The from a “hold” rating to a “sell” rating in a research report on Saturday, August 15th. One analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $10.00.

Metals Royalty Co Inc. The Stock Performance

Shares of TMCR opened at $6.23 on Thursday. Metals Royalty Co Inc. The has a 52-week low of $4.90 and a 52-week high of $21.38. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.67 and a current ratio of 1.67. The firm has a fifty day simple moving average of $6.27. The company has a market cap of $386.51 million and a price-to-earnings ratio of -19.47.

Metals Royalty Co Inc. The (NASDAQ:TMCR) last issued its earnings results on Monday, August 10th. The company reported ($0.12) EPS for the quarter. As a group, research analysts forecast that Metals Royalty Co Inc. The will post -0.38 EPS for the current fiscal year.

About Metals Royalty Co Inc. The

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.