Metals Acquisition (MTAL)

• Market cap: $914M
• 1 day: -0.36%
• 5 days: 7.46%
• 1 month: 3.94%
• 3 months: -9.47%
• 6 months: -13.83%
• Year to date: 5.12%
• 1 year: -7.51%
• 5 years: 13.74%
• 10 years: 13.74%

About: MAC Copper Ltd 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 world-wide economy.

Employees: 3

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

300% more first-time investments, than exits

New positions opened: 32 | Existing positions closed: 8

77% more repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 13

37% more funds holding

Funds holding: 63 [Q2] → 86 (+23) [Q3]

14% more capital invested

Capital invested by funds: $316M [Q2] → $359M (+$43.7M) [Q3]

3.85% more ownership

Funds ownership: 31.18% [Q2] → 35.03% (+3.85%) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 3 [Q2] → 3 (+0) [Q3]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $14.50 31% upside
• Avg. target: $14.50 31% upside
• High target: $14.50 31% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

Scotiabank Eric Winmill 44% 1-year accuracy 4 / 9 met price target

31% upside $14.50

Sector Outperform Maintained

6 Jan 2025