MAC Copper FY2026 EPS Increased by National Bank Financial

MAC Copper Limited (NYSE:MTAL) – Equities research analysts at National Bank Financial upped their FY2026 earnings estimates for shares of MAC Copper in a research note issued on Tuesday, September 23rd. National Bank Financial analyst S. Nagle now expects that the company will earn $1.06 per share for the year, up from their prior estimate of $0.96. The consensus estimate for MAC Copper’s current full-year earnings is $0.16 per share.

Several other research analysts also recently issued reports on MTAL. Canaccord Genuity Group downgraded MAC Copper from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 11th. BMO Capital Markets reissued a “market perform” rating and issued a $12.25 price target (up from $11.00) on shares of MAC Copper in a report on Tuesday, June 3rd. Four analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $12.63.

MAC Copper Trading Up 0.0%

Shares of NYSE MTAL opened at $12.21 on Thursday. The firm’s 50-day moving average is $12.13 and its two-hundred day moving average is $11.08. MAC Copper has a 12-month low of $7.69 and a 12-month high of $14.31. The company has a quick ratio of 0.45, a current ratio of 0.58 and a debt-to-equity ratio of 0.68.

Institutional Investors Weigh In On MAC Copper

Hedge funds have recently made changes to their positions in the business. EverSource Wealth Advisors LLC increased its stake in MAC Copper by 10,692.3% in the second quarter. EverSource Wealth Advisors LLC now owns 2,806 shares of the company’s stock valued at $34,000 after purchasing an additional 2,780 shares during the last quarter. Wolverine Asset Management LLC acquired a new stake in MAC Copper in the 2nd quarter worth about $52,000. Russell Investments Group Ltd. grew its holdings in MAC Copper by 56.2% in the 2nd quarter. Russell Investments Group Ltd. now owns 6,108 shares of the company’s stock valued at $74,000 after buying an additional 2,197 shares during the period. Ameritas Investment Partners Inc. increased its stake in shares of MAC Copper by 38.1% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 7,288 shares of the company’s stock valued at $88,000 after acquiring an additional 2,011 shares during the last quarter. Finally, Signaturefd LLC lifted its holdings in shares of MAC Copper by 256.3% during the 2nd quarter. Signaturefd LLC now owns 10,575 shares of the company’s stock worth $128,000 after acquiring an additional 7,607 shares during the period. Institutional investors and hedge funds own 87.47% of the company’s stock.

MAC Copper Company Profile

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.