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TMCR Overview

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Intellectia

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High
12.900
Open
12.850
VWAP
12.82
Vol
45.20K
Mkt Cap
707.54M
Low
12.660
Amount
579.53K
EV/EBITDA(TTM)
--
Total Shares
55.06M
EV
689.17M
EV/OCF(TTM)
--
P/S(TTM)
--
The Metals Royalty Company Inc. is a royalty company. The Company is engaged in the acquisition and management of critical metals and mineral royalties, streams and other similar interests. It is focused on providing capital to support mineral security and independence in North America in support of accelerating domestic industry growth, including energy, defense and re-industrialization. The Company's core and only asset is the NORI Royalty, a 2.0% gross overriding royalty on the NORI Property, which is a polymetallic nodule project being developed by the Company in the Clarion-Clipperton Zone of the north-east Pacific Ocean (the CCZ), located approximately 1,500 miles southwest of San Diego, California. In addition, it seeks to acquire and manage additional royalties, streams and other interests on metals and critical minerals projects.
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Events Timeline

(ET)
2026-05-06
08:00:00
Metals Royalty Company Acquires 25% Interest in Mesabi Metallics
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News

PRnewswire
8.5
07:57 AMPRnewswire
PinnedUS Steel Industry Invests $2.5 Billion for Self-Sufficiency
  • Transaction Details: Mesabi Metallics has agreed to sell 50% of its royalty interest to The Metals Royalty Company for a total consideration of $265 million, structured in two equal tranches, with the first closing on June 1, 2026, and the second expected within 60 days, providing crucial funding for Mesabi's future growth.
  • Production Capacity Boost: The DR-grade iron ore project by Mesabi Metallics is expected to commence production in Q3 2026, positioning the company as one of the few large domestic producers of DR-grade iron ore pellets in North America, significantly reducing U.S. reliance on imports from Brazil and enhancing domestic steel production competitiveness.
  • Strategic Investment: This transaction is part of over $670 million in recently announced financing commitments, including $520 million from Breakwall Capital and $150 million from Macquarie Group, reflecting strong institutional confidence in the project and its strategic importance for U.S. industrial revitalization.
  • Market Impact: Mesabi's project will supply high-quality DR pellets to the U.S. steel industry, expected to become the preferred raw material for electric arc furnace steel manufacturers, thereby supporting the development of critical industries such as infrastructure, automotive, shipbuilding, defense, and energy.
PRnewswire
8.5
07:56 AMPRnewswire
PinnedMesabi Metallics Sells 50% Royalties to TMCR for $265 Million
  • Significant Transaction Value: Mesabi Metallics has agreed to sell 50% of its royalties to The Metals Royalty Company for a total of $265 million, indicating a market valuation exceeding $500 million, which enhances the company's future liquidity.
  • Production Capacity Boost: With production expected to commence in Q3 2026, Mesabi will become a major producer of DR-grade iron ore in North America, reducing reliance on imports from Brazil and enhancing the self-sufficiency of the U.S. steel industry.
  • Strategic Investment Backing: Following this transaction, Mesabi has secured over $670 million in financial commitments, including $520 million from Breakwall Capital and $150 million from Macquarie Group, reflecting strong market confidence and support for the project.
  • National Strategic Importance: Mesabi's project is not only a critical component of the U.S. steel supply chain but also supports the development of multiple sectors, including infrastructure, automotive, and defense, aiding in the reconstruction of industrial capacity in the U.S.
seekingalpha
8.5
06-02seekingalpha
Mesabi Metallics Sells 50% Royalty Interest to TMCR for $265M
  • Significant Transaction Value: Mesabi Metallics has agreed to sell 50% of its royalty interest to The Metals Royalty Company for $265 million, implying a valuation exceeding $500 million for the royalty platform, indicating strong market confidence in the asset.
  • Phased Transaction Completion: The deal will be executed in two equal tranches of $132.5 million each, with the first tranche closing on June 1 and the second expected within 60 days, a phased approach that alleviates financial pressure and ensures smooth transaction execution.
  • Long-Term Cash Flow Potential: TMCR anticipates that the Mesabi Royalty will generate annual royalty cash flows of up to $13 million, with project commissioning expected in H2 2026, and the potential to double cash flow if an additional 1% royalty acquisition is completed, enhancing investment returns.
  • Enhanced Market Position: Once operational, Mesabi Metallics will become one of the few significant domestic producers of merchant DR-grade iron ore pellets in North America, fulfilling critical raw material needs for electric arc furnace steelmaking and reducing U.S. reliance on imports from Brazil and elsewhere, which holds substantial strategic importance.
PRnewswire
8.5
06-02PRnewswire
Mesabi Metallics Sells $265 Million Royalty Stake to TMCR
  • Transaction Overview: Mesabi Metallics has agreed to sell 50% of its royalty stake to The Metals Royalty Company for a total of $265 million, indicating a valuation of over $500 million for its royalty platform, which is expected to provide funding for future growth.
  • Production Capacity Boost: The high-quality direct reduction iron ore (DR) mine by Mesabi Metallics is set to commence production in Q3 2026, positioning the company as one of the few major producers of DR-grade iron ore pellets in North America, significantly enhancing the competitiveness of the U.S. steel industry.
  • Strategic Importance: Successful implementation of this project will reduce U.S. reliance on iron ore imports from Brazil and other countries, supporting the development of critical industries such as infrastructure, automotive, shipbuilding, defense, and energy, thereby solidifying Mesabi's position in the domestic market.
  • Financing Support: This transaction follows over $670 million in financing commitments, including $520 million from Breakwall Capital and $150 million from Macquarie Group, reflecting institutional confidence in the Mesabi project and its significance in U.S. mining.
PRnewswire
8.5
06-01PRnewswire
Mesabi Metallics Partners with TMCR in $265 Million Royalty Deal
  • Transaction Details: Mesabi Metallics has agreed to sell 50% of its royalty interest to The Metals Royalty Company for $265 million, structured in two equal tranches of $132.5 million each, with the first tranche closing on June 1, 2026, and the second expected within 60 days.
  • Strategic Importance: This transaction validates the exceptional quality and scale of Mesabi's low-cost DR-grade iron ore mine in Minnesota, which is set to begin production in Q3 2026, positioning it as one of the only significant domestic producers of merchant DR-grade iron ore pellets in North America.
  • Domestic Supply Chain Reinforcement: Mesabi's production will reduce U.S. reliance on imports from Brazil and other countries, enhancing domestic manufacturing competitiveness and supporting critical industries such as infrastructure, automotive, shipbuilding, defense, and energy.
  • Increased Financing Confidence: The transaction follows over $670 million in financing commitments, including $520 million from Breakwall Capital and $150 million from Macquarie Group, underscoring growing institutional confidence in Mesabi's strategic importance and asset quality.
Newsfilter
7.5
06-01Newsfilter
Mesabi Metallics Partners with TMCR in $265 Million Royalty Deal
  • Significant Transaction Value: Mesabi Metallics has agreed to sell 50% of its royalty interest to The Metals Royalty Company for $265 million, implying a valuation exceeding $500 million for the royalty platform, with proceeds aimed at future growth.
  • Production Capacity Enhancement: The DR-grade iron ore mine being developed in Minnesota is expected to commence production in Q3 2026, positioning Mesabi as a key domestic producer of DR-grade iron ore pellets, thereby enhancing U.S. steel industry's self-sufficiency.
  • Strong Financing Support: This transaction follows over $670 million in financing commitments, including $520 million from Breakwall Capital and $150 million from Macquarie Group, reflecting growing confidence in Mesabi's assets and management team.
  • Strategic Importance Highlighted: Mesabi is regarded as one of North America's most strategically significant mining projects, expected to provide a stable supply of critical raw materials for the U.S. steel industry, supporting key sectors such as infrastructure, automotive, shipbuilding, defense, and energy.
Wall Street analysts forecast TMCR stock price to rise
0 Analyst Rating
Wall Street analysts forecast TMCR stock price to rise
0 Buy
0 Hold
0 Sell
Current: 0.000
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Current: 0.000
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Valuation Metrics

The current forward P/E ratio for Metals Royalty Company Inc (TMCR.O) is 0.00, compared to its 5-year average forward P/E of --. For a more detailed relative valuation and DCF analysis to assess Metals Royalty Company Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
Current PE
0.00
Overvalued PE
Undervalued PE

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
Current EV/EBITDA
0.00
Overvalued EV/EBITDA
Undervalued EV/EBITDA

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PS
Current PS
0.00
Overvalued PS
Undervalued PS

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Frequently Asked Questions

What is Metals Royalty Company Inc (TMCR) stock price today?

The current price of TMCR is 12.9 USD — it has increased 0.39

What is Metals Royalty Company Inc (TMCR)'s business?

The Metals Royalty Company Inc. is a royalty company. The Company is engaged in the acquisition and management of critical metals and mineral royalties, streams and other similar interests. It is focused on providing capital to support mineral security and independence in North America in support of accelerating domestic industry growth, including energy, defense and re-industrialization. The Company's core and only asset is the NORI Royalty, a 2.0% gross overriding royalty on the NORI Property, which is a polymetallic nodule project being developed by the Company in the Clarion-Clipperton Zone of the north-east Pacific Ocean (the CCZ), located approximately 1,500 miles southwest of San Diego, California. In addition, it seeks to acquire and manage additional royalties, streams and other interests on metals and critical minerals projects.

What is the price predicton of TMCR Stock?

Wall Street analysts forecast TMCR stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for TMCR is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Metals Royalty Company Inc (TMCR)'s revenue for the last quarter?

Metals Royalty Company Inc revenue for the last quarter amounts to -4.17M USD, increased 373.75

What is Metals Royalty Company Inc (TMCR)'s earnings per share (EPS) for the last quarter?

Metals Royalty Company Inc. EPS for the last quarter amounts to -3444330.00 USD, increased 1627.68

How many employees does Metals Royalty Company Inc (TMCR). have?

Metals Royalty Company Inc (TMCR) has 10 emplpoyees as of June 03 2026.

What is Metals Royalty Company Inc (TMCR) market cap?

Today TMCR has the market capitalization of 707.54M USD.