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Mac Copper Limited (MTAL)
:MTAL
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MAC Copper
(MTAL)
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Rating:71Outperform
Price Target:
$13.50
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.
MAC Copper (MTAL) vs. SPDR S&P 500 ETF (SPY)
Market Cap
N/A
Dividend YieldN/A
Average Volume (3M)N/A
Price to Earnings (P/E)―
Beta (1Y)N/A
Revenue GrowthN/A
EPS GrowthN/A
CountryUS
EmployeesN/A
SectorN/A
Sector StrengthN/A
IndustryN/A
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. VolumeN/A
30 Day Avg. VolumeN/A
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
MAC Copper Business Overview & Revenue Model
Company Description
How the Company Makes Moneynull
MAC Copper Earnings Call Summary
Earnings Call Date:Jul 23, 2025
(Q2-2025)
| Next Earnings Date:Oct 27, 2025
Earnings Call Sentiment Positive
The earnings call presented a strong financial and operational performance with significant improvements in production, cash flow, and safety metrics. However, slight concerns were raised about lower production guidance and potential grade reduction in the coming quarters.Q2-2025 Updates
Positive Updates
Significant Production Increase
Produced just under 10,600 tonnes of copper, a 23% increase quarter-on-quarter, with a record 385 tonnes produced in one day.
Strong Financial Position
USD 196 million of liquidity at the end of June, with USD 102 million in cash, resulting in a net gearing of just over 17%.
Record-Breaking Operating Free Cash Flow
Achieved record quarterly operating free cash flow of about USD 42 million.
Interest Cost Reduction
Reduced interest costs by around USD 14 million annually, with a current floating interest rate just under 7%.
Improved Safety Record
Significant improvement in safety, with no reportable incidents last year and none this year, and a sustained reduction in TRIFR.
Positive Developments in Key Projects
Ventilation and Merrin Mine projects advancing well, with Merrin Mine coming online in Q4 2025.
Negative Updates
Lower Production Guidance
Maintaining guidance of 43,000 to 48,000 tonnes for the year, but expected to be in the bottom half of that range.
Potential Grade Reduction
Expectation of moving into lower grade material towards the middle to back end of the current quarter.
Company Guidance
During the MAC Copper Limited Q2 2025 results call, CEO Mick McMullen and CFO Morne Engelbrecht provided comprehensive guidance, emphasizing the company's strategic trajectory and financial health. The company reported a 23% quarter-on-quarter increase in copper production, achieving just under 10,600 tonnes, with a significant improvement in copper grade to 4.4%. Operating free cash flow reached a record USD 42 million, supported by a reduced C1 cash cost of USD 1.48 per pound, dropping to USD 0.94 per pound in June. MAC Copper maintained its annual production guidance of 43,000 to 48,000 tonnes, despite challenges from a recent transaction with Harmony, which valued the company at USD 12.25 per share in cash. The balance sheet remained robust with USD 102 million in cash, USD 196 million in liquidity, and net gearing reduced to 17%. The company also highlighted progress in key projects, including the ventilation project and Merrin Mine, contributing to a 139% increase in growth capital expenditure. Exploration efforts continue, with promising developments north of the CSA mine. Overall, MAC Copper demonstrated strong operational and financial performance, positioning itself well for future growth.MAC Copper Financial Statement Overview
Summary
Income Statement
75
Positive
Balance Sheet
68
Positive
Cash Flow
80
Positive
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MAC Copper Technical Analysis
Positive
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Price Trends
12.17
Positive
12.12
Positive
11.08
Positive
Market Momentum
0.01
Positive
59.14
Neutral
33.33
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MTAL, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 12.21, equal to the 50-day MA of 12.17, and equal to the 200-day MA of 11.08, indicating a bullish trend. The MACD of 0.01 indicates Positive momentum. The RSI at 59.14 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for MTAL.
MAC Copper Peers Comparison
UnderperformOutperform
Sector (―)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
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* Sector Average
Performance Comparison
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.