MAC Copper Ltd (NYSE:MTAL) price on Thursday, July 03, fall -0.50% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $12.03.
A look at the stock’s price movement, the close in the last trading session was $12.09, moving within a range at $11.96 and $12.04. The beta value (5-Year monthly) was 0.352. Turning to its 52-week performance, $14.93 and $7.69 were the 52-week high and 52-week low respectively. Overall, MTAL moved -1.15% over the past month.
MAC Copper Ltd’s market cap currently stands at around $992.02 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Apr-29.
Turning to the stock’s technical picture we see that short term indicators suggest on average that MTAL is a 50% Buy. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in 50% Buy category.
9 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 1 analyst(s) rate the stock as a Hold, 8 recommend MTAL as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
MTAL’s current price about -0.71% and 9.76% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 60.24, while 7-day volatility ratio is 0.84% and 1.13% in the 30-day chart. Further, MAC Copper Ltd (MTAL) has a beta value of 0.34. Analysts have given the company’s stock an average 52-week price target of $15.5, forecast between a low of $15 and high of $16. Looking at the price targets, the low is -24.69% off current price level while to achieve the yearly target high, price needs to move -33.0%. Nonetheless, investors will most likely welcome a -28.84% jump to $15.5 which is the analysts’ median price.
If we refocus on MAC Copper Ltd (NYSE:MTAL), historical trading data shows that trading volumes averaged 0.95 over the past 10 days and 631.35K over the past 3 months. The company’s latest data on shares outstanding shows there are 82.46 million shares.
The 32.45% of MAC Copper Ltd’s shares are in the hands of company insiders while institutional holders own 29.93% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 1.0 million on 2025-06-13, giving us a short ratio of 1.49. The data shows that as of 2025-06-13 short interest in MAC Copper Ltd (MTAL) stood at 141.99999 of shares outstanding, with shares short falling to 2.27 million registered in 2025-05-15. Current price change has pushed the stock -16.11% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the MTAL stock continues to rise going into the next quarter.
