With 0.88 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.53 million shares. The 52-week range on MTAL shows that it touched its highest point at $14.93 and its lowest point at $7.69 during that stretch. It currently has a 1-year price target of $13.48. Beta for the stock currently stands at 0.35.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of MTAL was up-trending over the past week, with a rise of 20.59%, but this was up by 37.99% over a month. Three-month performance surged to 23.39% while six-month performance fell -0.65%. The stock lost -17.30% in the past year, while it has gained 15.25% so far this year. A look at the trailing 12-month EPS for MTAL yields -1.31 with Next year EPS estimates of 1.44. For the next quarter, that number is 0.37. This implies an EPS growth rate of 181.22% for this year and 81.22% for next year.
Float and Shares Shorts:
At present, 82.46 million MTAL shares are outstanding with a float of 55.71 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for MTAL since 9 analysts follow the stock currently. There are 8 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.40011 being high and -$0.96497 being low. For MTAL, this leads to a yearly average estimate of -$0.68254.
