Metals Acquisition Shares Hit 52-Week High After $52M PIPE Subscription Agreements

By Chris Wack

Metals Acquisition shares were up 3% at $10.35 after saying it has entered into subscription agreements totaling $52 million at $10 a share in a private placement that will be concurrent with the consummation of its CSA Mine acquisition.

The stock hit its 52-week high of $12.19 earlier in the session, and is up 5% in the past…