Is Metals Acquisition outlook positive for December 2023?

Metals Acquisition Ltd., a key player in the copper industry, presents an intriguing investment opportunity from a valuation perspective. Despite reporting a loss on its return on assets (-0.005), the company's current ratio stands at a healthy 1.69X, indicating a solid liquidity position. The company's market capitalization of $503.5M and a target price of $15 further highlight its potential for growth. Moreover, the fact that 82.08% of its shares are owned by institutions suggests strong market confidence in its future prospects. However, investors should be aware of the significant number of shares shorted (215.9K), which could indicate potential market skepticism. Nevertheless, given its strong financial indicators and industry position, Metals Acquisition Ltd. appears poised for a bullish run in December 2023.

Main Points

Metals Acquisition Limited currently has liabilities totaling 786.1K. The company's Debt to Equity (D/E) ratio stands at 9.25, suggesting that Metals Acquisition may face challenges in generating sufficient cash to meet its financial obligations. The company's current ratio is 1.66, which is within the standard range for the sector. Debt can be beneficial for Metals Acquisition until it encounters difficulties in paying it off, either through new capital or free cash flow. If the company is unable to meet its legal obligations to repay debt, shareholders could potentially lose their investment. A more common scenario, however, is for companies like Metals Acquisition to issue additional shares at discounted prices, thereby diluting the holdings of existing shareholders. In such cases, debt can be an effective tool for Metals Acquisition to invest in growth at high rates of return. When considering Metals Acquisition's use of debt, it is important to also take into account its cash and equity positions. The company's Beta (Market Risk) is 0.3534, indicating potential diversification benefits within a given portfolio. As market returns increase, Metals Acquisition's returns are expected to increase, but at a slower rate. Conversely, during a bear market, the losses on holding Metals Acquisition are expected to be less severe. Metals Acquisition employs twenty-one different technical indicators to evaluate its performance. The company's expected return is -0.0847%. It is crucial to verify Metals Acquisition Limited's total risk alpha, kurtosis, and the relationship between the kurtosis and day median price to determine if past performance will be repeated in the near future.
Published over a year ago
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Reviewed by Gabriel Shpitalnik

As we approach the end of 2023, Metals Acquisition Ltd., a prominent player in the Capital Markets and Copper industry, is exhibiting promising signs of a bullish run. With a market capitalization of 503.5 million and total assets of 270.2 million, the company's financial position is robust, despite a book value of -0.97 indicating a loss. The company's total stockholder equity stands at 244.5 million, underlining the strong backing it enjoys from its shareholders. This is further substantiated by the fact that 46.22% of the shares are owned by insiders, demonstrating their confidence in the company's potential. However, it's worth noting that the company's end period cash flow is a modest 42.3K, and there has been a decrease in cash and cash equivalents changes by 912.7K. This could be a point of concern for potential investors. Despite these challenges, the company's EBITDA and operating income are both at a healthy 3.8 million, indicating strong operational performance. Moreover, the company's short ratio of 27.36 suggests that short sellers are not heavily betting against the company, which is a positive sign for its stock performance. In conclusion, Metals Acquisition Ltd. is demonstrating strong potential for a bullish run in December 2023. However, investors should closely monitor the company's cash flow situation and the ongoing changes in the capital markets and copper industry. While many millennials are increasingly entering the capital markets space, it's important to highlight Metals Acquisition Limited. We will examine why this company may not receive much attention from institutional investors, given the current market uncertainty. Is the company's current valuation justified? We will delve into Metals Acquisition's valuation to provide you with a clearer perspective on whether to take a position in the stock.
We determine the current worth of Metals Acquisition Limited using both absolute as well as relative valuation methodologies to arrive at its intrinsic value. In general, an absolute valuation paradigm, as applied to this company, attempts to find the value of Metals Acquisition based exclusively on its fundamental and basic technical indicators. By analyzing Metals Acquisition's financials, quarterly and monthly indicators, and related drivers such as dividends, operating cash flow, and various types of growth rates, we attempt to find the most accurate representation of Metals Acquisition's intrinsic value. In some cases, mostly for established, large-cap companies, we also incorporate more traditional valuation methods such as dividend discount, discounted cash flow, or asset-based models. As compared to an absolute model, our relative valuation model uses a comparative analysis of Metals Acquisition. We calculate exposure to Metals Acquisition's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Metals Acquisition's related companies.

Metals Acquisition Investment Alerts

Metals investment alerts and warnings help investors to get more proficient at understanding not only critical technical and fundamental signals but also the significant portfolio-centered indicators. These indicators include beta, alpha, and other risk-related measures that will help you in monitoring Metals Acquisition Limited performance across your portfolios.Please check all investment alerts for Metals

Metals Acquisition Valuation Ratios as Compared to Competition

Our valuation model uses many indicators to compare Metals value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Metals Acquisition competition to find correlations between indicators driving the intrinsic value of Metals.

Metals Acquisition Gross Profit

Metals Acquisition Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Metals Acquisition previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Metals Acquisition Gross Profit growth over the last 10 years. Please check Metals Acquisition's gross profit and other fundamental indicators for more details.

Breaking down Metals Acquisition Indicators

The small slide in market price for the last few months may encourage institutional investors to take a closer look at the firm as it is trading at a share price of 10.40 on 1,544 in trading volume. The company executives did not add much value to Metals Acquisition investors in October. However, diversifying your holdings with Metals Acquisition or similar stocks can still protect your portfolio during high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 2.73. The current volatility is consistent with the ongoing market swings in October 2023 as well as with Metals Acquisition unsystematic, company-specific events.

Margins Breakdown

Metals profit margins show the degree to which it makes money. Margin indicators are used not only by investors but also by creditors or Metals Acquisition itself as indicators of financial health and management effectiveness. Please look more closely at the different varieties of Metals Acquisition profit margins.
EBITDA Margin0.3
Gross Margin0.17
Profit Margin(0.0246)
As Benjamin Franklin once said, an investment in knowledge pays the best interest.
Applying this wisdom to Metals Acquisition Ltd., we see a company that may be poised for a bullish run in December 2023. Despite a challenging financial landscape, the company has managed to maintain a robust net asset value of 270.19 million, with net tangible assets amounting to 244.5 million. The firm's stock has shown resilience, with a 50-day moving average of 11.4964 and a 200-day moving average of 10.6672, indicating a steady upward trend. Furthermore, the company has a high institutional ownership of 82.08%, suggesting strong confidence from large-scale investors. However, investors should be aware of the company's high probability of bankruptcy at 73.99%. Despite this, the Wall Street target price stands at $15, hinting at a potential upside. In conclusion, Metals Acquisition Ltd. presents a mixed bag of opportunities and risks, but the scales seem to tilt towards a promising future. .

Will Metals slide impact its fundamentals?

The recent decrease in the standard deviation to 2.69 for Metals Acquisition Limited Stock signifies a reduction in the stock's volatility. This decrease in volatility could be interpreted as a positive development for risk-averse investors, as it implies less unpredictability in the stock's future price movements. However, the crucial question is whether this decrease in volatility will significantly affect the company's fundamentals. If the company's earnings, revenues, and other fundamental indicators remain robust, this lower volatility could make the stock an even more appealing investment. On the other hand, if the company's fundamentals are deteriorating, the reduced volatility might merely be a precursor to a more substantial price drop. Metals Acquisition Limited displays very low volatility, with a skewness of 0.11 and a kurtosis of 1.98. However, we recommend investors to further examine Metals Acquisition Limited's technical indicators to ensure that all market information is available and reliable. Understanding different market volatility trends often assists investors in timing the market. Proper use of volatility indicators allows traders to measure Metals Acquisition's stock risk against market volatility during both bullish and bearish trends.
The increased level of volatility that accompanies bear markets can directly affect Metals Acquisition's stock price, adding stress to investors as they watch the value of their shares plummet. This typically compels investors to rebalance their portfolios by purchasing different stocks as prices fall. In conclusion, despite the recent 1 percent drop, Metals Acquisition Limited (MTAL) still presents a compelling investment opportunity. With a Valuation Real Value of $12.15 and a Valuation Market Value of $10.4, the stock appears undervalued. The Analyst Overall Consensus is a 'Strong Buy', backed by two strong buy recommendations. The Analyst Target Price Estimated Value stands at $13.5, indicating a potential upside. However, investors should also consider the Possible Downside Price of $7.58. With an EPS Estimate for the next year at $0.1, the company's future earnings growth seems promising. Therefore, despite the recent dip, Metals Acquisition Limited's stock is worth considering for your investment portfolio. .

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Editorial Staff

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