MTAL

MAC Copper Ltd

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Advanced Chart

12.070

0(0.000%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

12.090

Open

12.060

VWAP

Vol

837.90K

Mkt Cap

995.32M

Low

12.030

Amount

EV/EBITDA(TTM)

Total Shares

74.06M

1.24B

EV/OCF(TTM)

P/S(TTM)

MAC Copper Limited is a Jersey-based company focused on operating and acquiring metals and mining businesses in jurisdictions that are critical in the electrification and decarbonization of the global economy. The Company operates CSA copper mine in New South Wales, Australia. The CSA Copper Mine is located 700 kilometers (km) west-northwest of Sydney near the town of Cobar in western New South Wales, Australia. The CSA Copper Mine produces 58 underground copper mines. It holds a Mining Lease (CML5) over the CSA deposit, which is supplemented by Mining Purpose Leases (MPL) MPL 193 and MPL 1094. The CSA Copper Mine is surrounded by two Exploration Licenses, EL5693 and 5983. CML5 covers an area of over 2,474 hectares (ha), the MPLs total approximately 30 ha, while the surrounding exploration tenements (EL5693 and 5983) cover approximately 366 square kilometers. In addition to the current operations, the Company also hold 566 square kilometers of tenements.

4 Analyst Rating

1.74% Upside

Wall Street analysts forecast MTAL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MTAL is 12.28 USD with a low forecast of 11.50 USD and a high forecast of 13.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

0 Buy

4 Hold

0 Sell

Hold

1.74% Upside

Current: 12.070

Low

11.50

Averages

12.28

High

13.00

1.74% Upside

Current: 12.070

Low

11.50

Averages

12.28

High

13.00

Canaccord

Buy

Hold

downgrade

$19

2025-07-11

Reason

Canaccord

Price Target

$19

2025-07-11

downgrade

Buy

Hold

Reason

Canaccord downgraded MAC Copper to Hold from Buy with a price target of A$19, down from A$20.50. The firm cites the takeover price offered by Harmony Gold for the target change and downgrade.

Scotiabank

Outperform -> Sector Perform

downgrade

$13

2025-05-27

Reason

Scotiabank

Price Target

$13

2025-05-27

downgrade

Outperform -> Sector Perform

Reason

Scotiabank downgraded MAC Copper (MTAL) to Sector Perform from Outperform with a $13 price target after MAC Copper entered into a binding scheme implementation deed with Harmony Gold Mining Company (HMY) and Harmony Gold Australia, a wholly owned subsidiary of Harmony, under which it is proposed that Harmony Australia will acquire 100% of the issued share capital in MAC.

Scotiabank

Eric Winmill

Buy

Maintains

$16 → $15

2025-01-06

Reason

Scotiabank

Eric Winmill

Price Target

$16 → $15

2025-01-06

Maintains

Buy

Reason

Scotiabank lowered the firm's price target on Metals Acquisition to $14.50 from $16 and keeps an Outperform rating on the shares. The majority of miners are expected to release their upcoming 2025 operating guidance over the next few weeks ahead of Q4 financial reporting, the analyst tells investors. The firm expects that despite near-term commodity price risk due to economic uncertainty in China and ex-China markets, 2025 should be a relatively solid year for most miners driven by higher output and improved cash costs.

Scotiabank

Eric Winmill

Buy

Maintains

$17 → $16

2024-08-19

Reason

Scotiabank

Eric Winmill

Price Target

$17 → $16

2024-08-19

Maintains

Buy

Reason

See All Ratings

Valuation Metrics

The current forward P/E ratio for MAC Copper Ltd (MTAL.N) is 12.36, compared to its 5-year average forward P/E of 25.69. For a more detailed relative valuation and DCF analysis to assess MAC Copper Ltd 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Fair

5Y Average PE

25.69

Current PE

12.36

Overvalued PE

39.37

Undervalued PE

12.01

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Fair

5Y Average EV/EBITDA

7.30

Current EV/EBITDA

6.28

Overvalued EV/EBITDA

8.96

Undervalued EV/EBITDA

5.63

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair

5Y Average PS

2.38

Current PS

2.64

Overvalued PS

2.76

Undervalued PS

2.01