MAC Copper (NYSE:MTAL - Get Free Report) is expected to release its Q2 2025 earnings data before the market opens on Monday, July 21st. Analysts expect MAC Copper to post earnings of $0.03 per share for the quarter.
MAC Copper Stock Down 0.2%
MAC Copper stock traded down $0.03 during mid-day trading on Monday, hitting $12.02. The company's stock had a trading volume of 377,454 shares, compared to its average volume of 473,948. The company has a current ratio of 1.12, a quick ratio of 0.97 and a debt-to-equity ratio of 0.63. MAC Copper has a twelve month low of $7.69 and a twelve month high of $14.79. The stock's fifty day moving average price is $11.36 and its two-hundred day moving average price is $10.53.
Institutional Investors Weigh In On MAC Copper
A hedge fund recently raised its stake in MAC Copper stock. Goldman Sachs Group Inc. lifted its holdings in MAC Copper Limited (NYSE:MTAL - Free Report) by 50.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 257,397 shares of the company's stock after purchasing an additional 86,197 shares during the period. Goldman Sachs Group Inc. owned 0.31% of MAC Copper worth $2,456,000 at the end of the most recent reporting period. 87.47% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
MTAL has been the topic of several recent research reports. Canaccord Genuity Group lowered shares of MAC Copper from a "strong-buy" rating to a "hold" rating in a research report on Friday. National Bank Financial lowered shares of MAC Copper from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, April 30th. Scotiabank reaffirmed a "sector perform" rating and issued a $13.00 price objective on shares of MAC Copper in a research note on Tuesday, May 27th. Finally, BMO Capital Markets reaffirmed a "market perform" rating and issued a $12.25 price objective (up previously from $11.00) on shares of MAC Copper in a research note on Tuesday, June 3rd.
View Our Latest Stock Report on MTAL
About MAC Copper
(
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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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