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General information

Country: UNITED STATES

Sector: Shell Companies

Metals Acquisition Corp does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company intends to focus its search on metals and mining businesses. Metals Acquisition Corp was incorporated in 2021 and is based in Fort Worth, Texas.
Website: metalsacquisition.com


  • Dividend yield for the last twelve months 0.0%
  • Free cash flow yield 0.0% (LTM)
  • Share price is 55.5% higher than minimum and 18.3% lower than maximum for the last 3 years
  • The company is overvalued by EV / LTM EBITDA multiple compared to target level (500.0x vs 0.0x)

Key Financials (Download financials)

Ticker: MTAL
Share price, USD:  (0.0%)12.21
year average price 11.30  


year start price 12.97 2024-10-12

max close price 13.45 2024-11-07

min close price 7.85 2025-04-08

current price 12.21 2025-10-11
Common stocks: 33 143 501

Dividend Yield:  0.0%
EV / Sales: 200.0x
Margin (EBITDA LTM / Revenue):

Target EV / EBITDA (hist percentile): 0.0x
EV / LTM EBITDA mutiple calculation
Market Cap ($m): 405
Net Debt ($m): -1
EV (Enterprise Value): 404
EBITDA LTM (млн $): -14
Price to Book: 0.9x

Revenue and EBITDA

Quarterly values ($m)

Change (y/y)

Cash Flow

FCF ($m)

Net Debt / Cash and Equivalents ($m)

Share price and dividends (Download history)

Share price

Payment USD per share

Multiple and potential

EV / EBITDA

Potential dynamics

News


2025-07-23seekingalpha.com

MAC Copper Limited (MTAL) Q2 2025 Earnings Call Transcript

2025-04-30seekingalpha.com

MAC Copper Limited (MTAL) Q1 2025 Earnings Call Transcript

2024-10-22seekingalpha.com

Metals Acquisitions Limited (MTAL) Q3 2024 Earnings Call Transcript

2024-10-21businesswire.com

Metals Acquisition Limited Reports Drill Results Including 19.8m @ 10.9% Cu, 27.3m @ 8.7% Cu, 3.8m @ 17.1% Cu and 23.6m @ 5.2% Cu

2024-10-21businesswire.com

Metals Acquisition Limited Announces September 2024 Quarterly Report

2024-10-09businesswire.com

Metals Acquisition Limited Raises ~A$150 Million (~US$103 Million) Through Successful Placement

2024-08-29seekingalpha.com

Metals Acquisitions Limited (MTAL) Half Year 2024 Earnings Call Transcript

2024-06-10businesswire.com

Metals Acquisition Limited Completes Redemption of Public and Private Placement Warrants and Russell 3000® Indices Inclusion

2024-04-30Seeking Alpha

Metals Acquisition Limited (MTAL) Q1 2024 Earnings Call Transcript

2024-04-22Business Wire

Metals Acquisition Limited Provides Notice of Release of Updated Resource and Reserve Statement and Production Guidance Conference Call Details
More information for subscribed users:
detailed calculation of
Fundamental value created in LTM

Financial reporting

Income Statement

Property 2023 q4 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3
date 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30
symbol MTAL MTAL MTAL MTAL MTAL MTAL
reportedCurrency USD USD USD USD USD USD
cik 2M 2M 2M 2M 2M 2M
fillingDate 2024-03-28 2023-09-30 2023-06-30 2023-05-02 2023-03-24 2022-11-14
acceptedDate 2024-03-28 16:15:04 2023-09-29 20:00:00 2023-06-29 20:00:00 2023-05-02 16:15:43 2023-03-24 16:51:33 2022-11-14 16:22:27
calendarYear 2023 2023 2023 2023 2022 2022
period Q4 Q3 Q2 Q1 Q4 Q3
revenue 70M 70M 19M 0 0 0
costOfRevenue 60M 60M 20M 1M 2M 0
grossProfit 10M 10M -2M -1M -2M 0
grossProfitRatio 0.139 0.139 -0.093 0 0 0
researchAndDevelopmentExpenses 0 0 0 0 0 0
generalAndAdministrativeExpenses 8M 8M 3M 0 0 0
sellingAndMarketingExpenses 5M 5M 1M 0 0 0
sellingGeneralAndAdministrativeExpenses 13M 13M 17M 1M 0 0
otherExpenses 0 0 0 1M -2M 0
operatingExpenses 58M 58M 17M 1M -2M 0
costAndExpenses 118M 118M 37M 1M -2M 0
interestIncome 15M 15M 3M 3M 2M 0
interestExpense 0 0 10M 40 842 17M 0
depreciationAndAmortization 21M 21M 3M 6M -16 000 8000
ebitda 16M 16M -15M 2M 12M 2M
ebitdaratio 0.23 0.23 -0.813 0 0 0
operatingIncome -5M -5M -18M -5M 12M -2M
operatingIncomeRatio -0.066 -0.066 -0.985 0 0 0
totalOtherIncomeExpensesNet -58M -58M -10M -640 262 -17M 4M
incomeBeforeTax -63M -63M -29M -5M -5M 2M
incomeBeforeTaxRatio -0.896 -0.896 -1.534 0 0 0
incomeTaxExpense 7M 7M -1M 599 420 17M 0
netIncome -56M -56M -27M -6M -22M 2M
netIncomeRatio -0.8 -0.8 -1.455 0 0 0
eps -1.13 -1.13 -0.54 -0.18 -0.81 0.075
epsdiluted -1.13 -1.13 -0.54 -0.18 -0.81 0.075
weightedAverageShsOut 50M 50M 50M 33M 27M 27M
weightedAverageShsOutDil 50M 50M 50M 33M 27M 27M
link Link Link Link Link
finalLink Link Link Link Link

Balance Sheet Statement

Property 2024 q2 2023 q4 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3
date 2024-06-30 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30
symbol MTAL MTAL MTAL MTAL MTAL MTAL MTAL
reportedCurrency USD USD USD USD USD USD USD
cik 2M 2M 2M 2M 2M 2M 2M
fillingDate 2024-08-28 2024-03-28 2023-09-30 2023-06-30 2023-05-02 2023-03-24 2022-11-14
acceptedDate 2024-08-28 16:01:29 2024-03-28 16:15:04 2023-09-29 20:00:00 2023-06-29 20:00:00 2023-05-02 16:15:43 2023-03-24 16:51:33 2022-11-14 16:22:27
calendarYear 2024 2023 2023 2023 2023 2022 2022
period Q2 Q4 Q3 Q2 Q1 Q4 Q3
cashAndCashEquivalents 89M 32M 32M 44M 35 075 42 314 244 247
shortTermInvestments 0 0 0 0 0 0 0
cashAndShortTermInvestments 89M 32M 32M 44M 35 075 42 314 244 247
netReceivables 9M 31M 31M 21M 65 061 53 200 0
inventory 23M 22M 22M 22M 2M 932 560 0
otherCurrentAssets 926 000 4M 4M 2M 257 581 254 475 307 296
totalCurrentAssets 121M 89M 89M 89M 2M 1M 551 543
propertyPlantEquipmentNet 1 206M 1 213M 1 213M 1 253M 0 0 0
goodwill 0 0 0 0 0 0 0
intangibleAssets 0 0 0 0 0 0 0
goodwillAndIntangibleAssets 0 0 0 0 0 0 0
longTermInvestments 1M 0 0 9M 272M 269M 267M
taxAssets 0 0 0 0 0 0 0
otherNonCurrentAssets 435 000 4M 4M 368 999 0 0 425 858
totalNonCurrentAssets 1 208M 1 217M 1 217M 1 262M 272M 269M 267M
otherAssets 0 0 0 1 0 0 0
totalAssets 1 329M 1 306M 1 306M 1 351M 274M 270M 268M
accountPayables 34M 14M 14M 29M 2M 927 261 671 676
shortTermDebt 22M 84M 84M 48M 1M 786 096 0
taxPayables 4M 0 0 0 0 0 0
deferredRevenue 0 0 0 0 0 0 0
otherCurrentLiabilities 82M 193M 193M 149M 20M 17M 65 427
totalCurrentLiabilities 143M 291M 291M 226M 23M 18M 737 103
longTermDebt 370M 390M 390M 383M 0 0 0
deferredRevenueNonCurrent 109M 0 0 11M 0 0 0
deferredTaxLiabilitiesNonCurrent 128M 0 0 141M 0 0 0
otherNonCurrentLiabilities 141M 357M 357M 228M 11M 7M 18M
totalNonCurrentLiabilities 749M 747M 747M 763M 11M 7M 18M
otherLiabilities 0 0 0 0 0 0 0
capitalLeaseObligations 13M 0 16M 11M 0 0 0
totalLiabilities 892M 1 038M 1 038M 990M 34M 26M 19M
preferredStock 0 0 0 0 0 0 0
commonStock 7000 5000 5000 413M 272M 269M 0
retainedEarnings -268M -165M -165M -53M -32M -24M -18M
accumulatedOtherComprehensiveIncomeLoss 1M 1M 1M 0 0 0 0
othertotalStockholdersEquity 703M 432M 432M 1M 0 0 663
totalStockholdersEquity 437M 268M 268M 361M 240M 245M -18M
totalEquity 437M 268M 268M 361M 240M 245M -18M
totalLiabilitiesAndStockholdersEquity 1 329M 1 306M 1 306M 1 351M 274M 270M 977 401
minorityInterest 0 0 0 0 0 0 0
totalLiabilitiesAndTotalEquity 1 329M 1 306M 1 306M 1 351M 274M 270M 977 401
totalInvestments 1M 0 0 9M 272M 269M 0
totalDebt 392M 474M 474M 442M 1M 786 096 0
netDebt 304M 442M 442M 398M 1M 743 782 -244 247
link Link Link Link Link Link
finalLink Link Link Link Link Link

Cash Flow Statement

Property 2023 q4 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3
date 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30
symbol MTAL MTAL MTAL MTAL MTAL MTAL
reportedCurrency USD USD USD USD USD USD
cik 2M 2M 2M 2M 2M 2M
fillingDate 2024-03-28 2023-09-30 2023-06-30 2023-05-02 2023-03-24 2022-11-14
acceptedDate 2024-03-28 16:15:04 2023-09-29 20:00:00 2023-06-29 20:00:00 2023-05-02 16:15:43 2023-03-24 16:51:33 2022-11-14 16:22:27
calendarYear 2023 2023 2023 2023 2022 2022
period Q4 Q3 Q2 Q1 Q4 Q3
netIncome -56M -56M -27M -5M -5M 62 234
depreciationAndAmortization 22M 22M 3M 0 0 8000
deferredIncomeTax 0 0 0 0 0 0
stockBasedCompensation 2M 2M 0 0 224 250 0
changeInWorkingCapital 4M 4M 8M 4M 4M -2M
accountsReceivables -6M -6M -19M -11 861 0 0
inventory 390 000 390 000 10M 11 861 0 0
accountsPayables 0 0 -4M 538 242 -303 535 158 173
otherWorkingCapital 10M 10M 20M 3M 4M 0
otherNonCashItems 25M 25M 13M 639 697 -378 286 0
netCashProvidedByOperatingActivities -4M -4M -3M -1M -988 029 -2M
investmentsInPropertyPlantAndEquipment -11M -11M -2M 0 0 0
acquisitionsNet 0 0 -754M 0 0 0
purchasesOfInvestments 0 0 0 0 0 0
salesMaturitiesOfInvestments 0 0 0 0 0 0
otherInvestingActivites 0 0 0 0 0 0
netCashUsedForInvestingActivites -11M -11M -756M 0 0 0
debtRepayment 0 0 -490M -1M 0 0
commonStockIssued 0 0 313M 0 0 0
commonStockRepurchased 0 0 0 0 0 0
dividendsPaid 0 0 0 0 0 0
otherFinancingActivites 9M 9M 803M 1M 786 096 1M
netCashUsedProvidedByFinancingActivities 9M 9M 803M 1M 786 096 1M
effectOfForexChangesOnCash 208 500 208 500 -417 000 0 0 0
netChangeInCash -6M -6M 44M -7239 -201 933 -448 333
cashAtEndOfPeriod -6M 38M 44M 35 075 42 314 244 247
cashAtBeginningOfPeriod 0 44M 35 075 42 314 244 247 692 580
operatingCashFlow -4M -4M -3M -1M -988 029 -2M
capitalExpenditure -11M -11M -2M 0 0 0
freeCashFlow -15M -15M -5M -1M -988 029 -2M
link Link Link Link Link
finalLink Link Link Link Link

Earning call transcript

2024 q3
2024-10-22 ET (fiscal 2024 q3)
2024 q2
2024-07-23 ET (fiscal 2024 q2)
2024 q1
2024-04-30 ET (fiscal 2024 q1)
2023 q4
2024-04-03 ET (fiscal 2023 q4)

Press-releases

Show financial reports only

2024-10-21 21:00 ET
Metals Acquisition Limited Announces September 2024 Quarterly Report
2024-10-15 10:30 ET
Metals Acquisition Limited Provides Notice of Release of Third Quarter 2024 Results and Conference Call Details
2024-10-09 11:05 ET
Metals Acquisition Limited Raises ~A$150 Million (~US$103 Million) Through Successful Placement
2024-10-09 00:27 ET
Metals Acquisition Limited Announces ~A$140 Million (~US$96 Million) Placement
2024-09-24 10:30 ET
Metals Acquisition Limited Announces Annual General Meeting Date and Proposed Name Change
2024-09-06 10:30 ET
Metals Acquisition Limited Announces Inclusion in the S&P/ASX 300 Index
2024-08-19 10:30 ET
Metals Acquisition Limited Provides Notice of Release of Half Year Accounts 2024 Results and Conference Call Details
2024-07-30 10:30 ET
Metals Acquisition Limited Reports Drill Results Including 22.1m @ 9.8% Cu, 22.1m @ 7.8% Cu and 24.2m @ 7.8% Cu
2024-07-22 10:30 ET
Metals Acquisition Limited Announces Changes to Board of Directors
2024-07-08 10:30 ET
Metals Acquisition Limited Provides Notice of Release of Second Quarter 2024 Results and Conference Call Details
2024-06-10 20:00 ET
Metals Acquisition Limited Completes Redemption of Public and Private Placement Warrants and Russell 3000® Indices Inclusion
2024-05-27 10:30 ET
Metals Acquisition Limited Announces Strategic Investment in Polymetals Resources Limited (ASX:POL)
2024-05-21 12:00 ET
Metals Acquisition Limited Announces “Redemption Fair Market Value” in Connection With Redemption of Public and Private Placement Warrants
2024-05-06 12:00 ET
Metals Acquisition Limited Announces Redemption of Public and Private Placement Warrants
2024-05-01 10:30 ET
Metals Acquisition Limited Announces Appointment of Leanne Heywood to the Board of Directors
2024-04-29 21:00 ET
Metals Acquisition Limited Announces March 2024 Quarterly Activities Report
2024-04-26 10:30 ET
Metals Acquisition Limited Provides Notice of Release of First Quarter 2024 Results and Conference Call Details
2024-04-22 21:00 ET
Metals Acquisition Limited Announces Updated Resource and Reserve Statement and Production Guidance
2024-04-22 10:30 ET
Metals Acquisition Limited Provides Notice of Release of Updated Resource and Reserve Statement and Production Guidance Conference Call Details
2024-04-03 10:30 ET
Metals Acquisition Limited Announces Non-Executive Director Resignation
2024-03-28 10:30 ET
Metals Acquisition Limited Provides Notice of 2023 Annual Report and Conference Call Details
2024-03-19 10:30 ET
Metals Acquisition Limited Reports Drill Results Including 19.2m @ 10.4% Cu, 16.0m @ 10.4% Cu and 3m @ 13.9% Cu
2024-03-04 11:30 ET
Power Restored After Interruption at CSA Copper Mine
2024-02-20 11:00 ET
Metals Acquisition Ltd Dual Lists on ASX Following Upsized A$325 million IPO
2024-02-20 11:00 ET
Metals Acquisition Ltd Dual Lists on ASX Following Upsized A$325 million IPO
2024-02-09 11:00 ET
Metals Acquisition Limited Initial Offering in Connection with ASX Listing Oversubscribed and Upsized to ~A$325million
2024-01-26 11:30 ET
Metals Acquisition Limited Progresses Australian Securities Exchange Dual Listing with Lodgement of Prospectus
2024-01-24 11:30 ET
Metals Acquisition Limited Provides Operational Update
2023-12-20 11:00 ET
Metals Acquisition Limited Announces Appointment of Morné Engelbrecht as Chief Financial Officer
2023-11-15 11:00 ET
Metals Acquisition Limited Announces Appointment of Graham van’t Hoff to the Board of Directors
2023-11-14 11:00 ET
Metals Acquisition Limited Provides Operational Update
2023-10-17 13:04 ET
Metals Acquisition Limited Announces $20 Million Private Placement Equity Financing
2023-09-11 10:00 ET
Metals Acquisition Limited Reports Drill Results Including 50.4m @ 8.9% Cu and Provides an Operational Update
2023-09-05 12:32 ET
Metals Acquisition Limited Appoints Patrice Merrin as Chair of the Board
2023-07-31 10:00 ET
Metals Acquisition Limited Announces Drill Results from CSA Mine Including 20.7m @ 14.4% Cu, 25.5m @ 12.7% Cu and 28.7m @ 10.6 % Cu
2023-07-19 10:00 ET
Metals Acquisition Limited Appoints Chris Rosario as General Counsel
2023-07-17 10:00 ET
Metals Acquisition Limited Appoints Dan Vujcic as Interim CFO
2023-06-27 10:00 ET
Metals Acquisition Limited Ships First Copper Concentrate from CSA Copper Mine
2023-06-16 10:00 ET
Metals Acquisition Limited Closes Purchase of the CSA Copper Mine
2023-06-12 21:15 ET
Metals Acquisition Corp Announces $52 Million of PIPE Subscription Agreements Executed for a Total of $230 Million of PIPE
2023-06-05 21:20 ET
Metals Acquisition Corp Shareholders Approve Proposed Business Combination to Acquire the CSA Mine and Proposed Merger With Metals Acquisition Limited
2023-05-30 20:16 ET
Osisko and Glencore Receive Australian Foreign Investment Review Board Approval for Investment in Metals Acquisition Corp
2023-05-16 21:00 ET
Metals Acquisition Corp Announces $35 million of Additional PIPE Subscription Agreements Executed for a Total of $175 million
2023-05-11 20:20 ET
Metals Acquisition Corp Announces Effectiveness of Form F-4 Registration Statement and $26 million of Additional PIPE Subscription Agreements Executed for a Total of $140 million
2023-04-17 12:00 ET
Metals Acquisition Corp. Announces $112 Million of PIPE Subscription Agreements Executed
2022-11-22 22:38 ET
CORRECTING and REPLACING Metals Acquisition Corp. and Glencore Agree to Amend Terms of the CSA Mine Acquisition
2022-09-22 11:00 ET
Appointment of Joint Lead Managers for Australian Securities Exchange Listing
2022-09-06 11:00 ET
Australian Foreign Investment Review Board Approves Metals Acquisition Corp’s Acquisition of the CSA Copper Mine
2022-08-24 21:00 ET
Metals Acquisition Corp. Announces Neville Power as New Board Chair
2022-04-25 21:00 ET
Metals Acquisition Corp. Regains Compliance With NYSE Continued Listing Standards
2022-03-17 10:30 ET
Metals Acquisition Corp. to Acquire the CSA Copper Mine from Glencore
2021-12-08 21:30 ET
Metals Acquisition Corp. Receives Noncompliance Notification from the New York Stock Exchange Due to Failure to Maintain a Minimum of 300 Public Stockholders on a Continuous Basis

SEC forms

Show financial reports only

SEC form 6
2023-06-12 17:21 ET
Metals Acquisition Corp published news for 2023 q1
SEC form 10
2023-05-02 00:00 ET
Metals Acquisition Corp reported for 2023 q1
SEC form 6
2023-03-31 16:30 ET
Metals Acquisition Corp published news for 2022 q4
SEC form 10
2023-03-24 16:51 ET
Metals Acquisition Corp reported for 2022 q4
SEC form 10
2023-03-24 00:00 ET
Metals Acquisition Corp reported for 2022 q4
SEC form 6
2023-03-22 16:47 ET
Metals Acquisition Corp published news for 2022 q4
SEC form 6
2023-03-15 06:03 ET
Metals Acquisition Corp published news for 2022 q4
SEC form 6
2023-03-02 06:35 ET
Metals Acquisition Corp published news for 2022 q4
SEC form 6
2023-02-21 17:10 ET
Metals Acquisition Corp published news for 2022 q4
SEC form 6
2023-02-17 16:10 ET
Metals Acquisition Corp published news for 2022 q4
SEC form 6
2023-01-11 17:27 ET
Metals Acquisition Corp published news for 2022 q4
SEC form 6
2022-12-22 17:06 ET
Metals Acquisition Corp published news for 2022 q3
SEC form 6
2022-11-30 07:15 ET
Metals Acquisition Corp published news for 2022 q3
SEC form 6
2022-11-28 17:09 ET
Metals Acquisition Corp published news for 2022 q3
SEC form 6
2022-11-23 16:33 ET
Metals Acquisition Corp published news for 2022 q3
SEC form 6
2022-11-22 21:27 ET
Metals Acquisition Corp published news for 2022 q3
SEC form 10
2022-11-14 16:22 ET
Metals Acquisition Corp reported for 2022 q3
SEC form 10
2022-11-14 00:00 ET
Metals Acquisition Corp reported for 2022 q3
SEC form 6
2022-10-26 08:00 ET
Metals Acquisition Corp published news for 2022 q3
SEC form 6
2022-09-22 07:12 ET
Metals Acquisition Corp published news for 2022 q2
SEC form 6
2022-09-06 07:12 ET
Metals Acquisition Corp published news for 2022 q2
SEC form 10
2022-08-22 17:06 ET
Metals Acquisition Corp reported for 2022 q2
SEC form 10
2022-08-22 00:00 ET
Metals Acquisition Corp reported for 2022 q2
SEC form 6
2022-08-16 06:01 ET
Metals Acquisition Corp published news for 2022 q2
SEC form 6
2022-06-01 16:16 ET
Metals Acquisition Corp published news for 2022 q1
SEC form 6
2022-05-24 17:20 ET
Metals Acquisition Corp published news for 2022 q1
SEC form 10
2022-05-23 16:46 ET
Metals Acquisition Corp reported for 2022 q1
SEC form 10
2022-05-23 00:00 ET
Metals Acquisition Corp reported for 2022 q1
SEC form 6
2022-05-17 16:05 ET
Metals Acquisition Corp published news for 2022 q1
SEC form 6
2022-04-18 16:15 ET
Metals Acquisition Corp published news for 2022 q1
SEC form 10
2022-03-31 13:14 ET
Metals Acquisition Corp published news for 2021 q4
SEC form 10
2022-03-31 00:00 ET
Metals Acquisition Corp published news for 2021 q4
SEC form 6
2022-03-17 06:43 ET
Metals Acquisition Corp published news for 2021 q4
SEC form 6
2021-12-08 17:17 ET
Metals Acquisition Corp published news for 2021 q3
SEC form 6
2021-11-15 15:57 ET
Metals Acquisition Corp published news for 2021 q3
SEC form 10
2021-11-15 15:55 ET
Metals Acquisition Corp published news for 2021 q3
SEC form 10
2021-11-15 00:00 ET
Metals Acquisition Corp published news for 2021 q3
SEC form 6
2021-09-17 16:24 ET
Metals Acquisition Corp published news for 2021 q2
SEC form 10
2021-09-10 16:13 ET
Metals Acquisition Corp published news for 2021 q2
SEC form 10
2021-09-10 16:11 ET
Metals Acquisition Corp published news for 2021 q1
SEC form 6
2021-09-10 16:09 ET
Metals Acquisition Corp published news for 2021 q2
SEC form 10
2021-09-10 00:00 ET
Metals Acquisition Corp published news for 2021 q1
SEC form 10
2021-09-10 00:00 ET
Metals Acquisition Corp published news for 2021 q2
SEC form 6
2021-08-06 21:28 ET
Metals Acquisition Corp published news for 2021 q2
SEC form 6
2021-08-03 16:15 ET
Metals Acquisition Corp published news for 2021 q2