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MAC Copper ( (MTAL) ) has issued an update.
MAC Copper Limited announced the proposed acquisition of its entire issued share capital by Harmony Gold (Australia) Pty Ltd, a subsidiary of Harmony Gold Mining Company Limited. The transaction, structured as a Jersey law scheme of arrangement, is set to proceed following a Court Sanction Hearing on October 9, 2025. The closing timetable outlines key dates, including the cessation of MAC CDIs and shares trading on October 10, 2025, and the delisting from the NYSE and ASX by November 3, 2025. This acquisition is expected to impact MAC Copper’s market presence and shareholder arrangements, with payments to be made to shareholders and CDI holders according to their existing instructions.
The most recent analyst rating on (MTAL) stock is a Hold with a $12.25 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 reflects strong operational improvements and positive earnings call highlights, including increased production and cash flow. However, challenges with profitability and valuation concerns due to a negative P/E ratio weigh on the score.
To see Spark’s full report on MTAL stock, click here.
More about MAC Copper
MAC Copper Limited (NYSE:MTAL; ASX:MAC) is a company focused on operating and acquiring metals and mining businesses in high quality, stable jurisdictions that are critical in the electrification and decarbonization of the global economy.
Average Trading Volume: 945,400
Technical Sentiment Signal: Strong Buy
Current Market Cap: $1.01B
See more data about MTAL stock on TipRanks’ Stock Analysis page.