FY2025 EPS Estimates for MAC Copper Raised by Analyst

MAC Copper Limited (NYSE:MTAL) – Equities researchers at National Bank Financial increased their FY2025 earnings estimates for MAC Copper in a research report issued on Tuesday, September 23rd. National Bank Financial analyst S. Nagle now expects that the company will earn $0.86 per share for the year, up from their previous estimate of $0.84. The consensus estimate for MAC Copper’s current full-year earnings is $0.16 per share.

MTAL has been the subject of several other 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, July 11th. BMO Capital Markets reaffirmed a “market perform” rating and set a $12.25 price target (up previously from $11.00) on shares of MAC Copper in a research report on Tuesday, June 3rd. Four investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $12.63.

MAC Copper Stock Performance

Shares of MTAL stock opened at $12.21 on Friday. MAC Copper has a one year low of $7.69 and a one year 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. The company has a 50 day moving average price of $12.13 and a 200 day moving average price of $11.10.

Institutional Investors Weigh In On MAC Copper

Several large investors have recently made changes to their positions in MTAL. Balyasny Asset Management L.P. acquired a new stake in MAC Copper during the 2nd quarter valued at $13,340,000. Qube Research & Technologies Ltd acquired a new stake in MAC Copper during the 2nd quarter valued at $5,882,000. Groupe la Francaise acquired a new stake in MAC Copper during the 2nd quarter valued at $3,349,000. Fourth Sail Capital LP grew its holdings in MAC Copper by 5.2% during the 2nd quarter. Fourth Sail Capital LP now owns 5,456,461 shares of the company’s stock valued at $65,969,000 after purchasing an additional 271,456 shares in the last quarter. Finally, OMERS ADMINISTRATION Corp acquired a new stake in MAC Copper during the 2nd quarter valued at $3,033,000. Institutional investors and hedge funds own 87.47% of the company’s stock.

About MAC Copper

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.