Metals Acquisition (MTAL)

• Market cap: $886M
• 1 day: -4.53%
• 5 days: -5.45%
• 1 month: -3.07%
• 3 months: -13.72%
• 6 months: -7.33%
• Year to date: 1.90%
• 1 year: -13.65%
• 5 years: 10.26%
• 10 years: 10.26%

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 Q4 regulatory filings by fund managers ($100M+ AUM)

122% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 9

105% more repeat investments, than reductions

Existing positions increased: 41 | Existing positions reduced: 20

33% more funds holding in top 10

Funds holding in top 10: 3 [Q3] → 4 (+1) [Q4]

15.22% more ownership

Funds ownership: 35.03% [Q3] → 50.24% (+15.22%) [Q4]

12% more funds holding

Funds holding: 86 [Q3] → 96 (+10) [Q4]

10% more capital invested

Capital invested by funds: $359M [Q3] → $394M (+$34.9M) [Q4]

Research analyst outlook

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

• Low target: $14.50 35% upside
• Avg. target: $14.50 35% upside
• High target: $14.50 35% upside

1 analyst rating

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

Scotiabank Eric Winmill 50% 1-year accuracy 5 / 10 met price target

35% upside $14.50

Sector Outperform Maintained

6 Jan 2025