MAC Copper Limited (NYSE:MTAL - Free Report) - National Bank Financial decreased their FY2025 earnings per share estimates for MAC Copper in a report released on Tuesday, July 8th. National Bank Financial analyst S. Nagle now forecasts that the company will post earnings of $0.84 per share for the year, down from their prior forecast of $0.85. National Bank Financial currently has a "Hold" rating on the stock. The consensus estimate for MAC Copper's current full-year earnings is $0.16 per share.
A number of other analysts have also recently issued reports on MTAL. Scotiabank restated a "sector perform" rating and set a $13.00 price objective on shares of MAC Copper in a research report on Tuesday, May 27th. Canaccord Genuity Group restated a "hold" rating on shares of MAC Copper in a research report on Friday. Finally, BMO Capital Markets restated a "market perform" rating and set a $12.25 price objective (up from $11.00) on shares of MAC Copper in a research report on Tuesday, June 3rd.
Read Our Latest Report on MTAL
MAC Copper Trading Up 0.2%
Shares of MTAL stock traded up $0.03 during trading hours on Thursday, reaching $12.07. 156,832 shares of the company's stock were exchanged, compared to its average volume of 369,194. MAC Copper has a fifty-two week low of $7.69 and a fifty-two week high of $14.93. The business has a fifty day moving average price of $11.30 and a 200-day moving average price of $10.53. The company has a quick ratio of 0.97, a current ratio of 1.12 and a debt-to-equity ratio of 0.63.
Institutional Trading of MAC Copper
A number of large investors have recently bought and sold shares of MTAL. Quadrant Capital Group LLC bought a new stake in MAC Copper in the fourth quarter valued at $26,000. Signaturefd LLC bought a new stake in MAC Copper in the fourth quarter valued at $36,000. Orion Portfolio Solutions LLC bought a new stake in MAC Copper in the fourth quarter valued at $119,000. ProShare Advisors LLC grew its position in MAC Copper by 49.0% in the fourth quarter. ProShare Advisors LLC now owns 15,170 shares of the company's stock valued at $161,000 after acquiring an additional 4,990 shares during the period. Finally, Tidal Investments LLC grew its position in MAC Copper by 33.6% in the fourth quarter. Tidal Investments LLC now owns 17,982 shares of the company's stock valued at $191,000 after acquiring an additional 4,524 shares during the period. 87.47% of the stock is currently owned by institutional investors.
MAC Copper Company Profile
(
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Metals Acquisition Limited focuses on mining and production of copper and silver. It operates the CSA copper mine in Cobar, Australia. The company was incorporated in 2022 and is headquartered in Saint Helier, Jersey.
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