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MAC Copper ( (MTAL) ) has shared an update.
MAC Copper Limited announced its June 2025 quarterly report, highlighting significant improvements in safety performance and production metrics. The company achieved record daily production and a substantial decrease in C1 costs, driven by increased production volume. The quarter saw a 23% increase in copper production, reaching 10,587 tonnes at a 4.4% Cu grade, with a record low C1 cost of US$0.94/lb in June. The company also reported a strengthened balance sheet with a 71% increase in operational free cash flow and a 36% increase in cash reserves. MAC Copper is targeting over 50,000 tonnes of copper production per annum by 2026, supported by key growth projects. Additionally, the company is progressing with a transaction with Harmony Gold Mining Company, which is expected to benefit stakeholders through Harmony’s stewardship.
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 Neutral.
Metals Corp’s overall stock score is driven by strong operational improvements and positive momentum, despite ongoing profitability challenges. The earnings call provided confidence in future growth, although valuation concerns due to the negative P/E ratio and lack of dividend are notable.
To see Spark’s full report on MTAL stock, click here.
More about MAC Copper
MAC Copper Limited is a private limited company incorporated in Jersey, Channel Islands, operating in the copper mining industry. The company is focused on producing high-grade copper, with operations demonstrating a strong emphasis on safety and cost efficiency. It is listed on the NYSE and ASX, and its market focus includes maintaining low-cost production in a Tier 1 jurisdiction.
Average Trading Volume: 632,671
Technical Sentiment Signal: Strong Buy
Current Market Cap: $996.1M
Find detailed analytics on MTAL stock on TipRanks’ Stock Analysis page.