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MAC Copper Announces Court-Ordered Shareholder Meetings for Acquisition by Harmony Gold

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MAC Copper Announces Court-Ordered Shareholder Meetings for Acquisition by Harmony Gold

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MAC Copper ( (MTAL) ) has shared an update.

On July 31, 2025, MAC Copper Limited announced that the Royal Court of Jersey ordered meetings for MAC shareholders to consider a proposed acquisition by Harmony Gold (Australia) Pty Ltd. This acquisition involves Harmony Gold Mining Company Limited acquiring 100% of MAC’s issued share capital through a Jersey law scheme of arrangement. The MAC board unanimously recommends shareholders vote in favor of the scheme, emphasizing its significance for the company’s strategic direction and potential impact on stakeholders. The meetings are scheduled for August 29, 2025, with the dispatch of the scheme circular expected by August 4, 2025.

The most recent analyst rating on (MTAL) stock is a Hold with a $11.50 price target. To see the full list of analyst forecasts on MAC Copper stock, see the MTAL Stock Forecast page.

Spark’s Take on MTAL Stock

According to Spark, TipRanks’ AI Analyst, MTAL is a Outperform.

MAC Copper’s overall stock score is driven by strong technical indicators and positive earnings call highlights, reflecting operational improvements and financial health. However, the negative valuation score due to ongoing losses and lack of dividends tempers the overall score.

To see Spark’s full report on MTAL stock, click here.

More about MAC Copper

MAC Copper Limited is a company engaged in operating and acquiring metals and mining businesses in stable jurisdictions. The company focuses on sectors critical to the electrification and decarbonization of the global economy.

Average Trading Volume: 625,115

Technical Sentiment Signal: Strong Buy

Current Market Cap: $995.3M

For detailed information about MTAL stock, go to TipRanks’ Stock Analysis page.

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