Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
The closing price of MAC Copper Ltd (NYSE: MTAL) was $12.33 for the day, up 1.48% from the previous closing price of $12.15. In other words, the price has increased by $1.48 from its previous closing price. On the day, 2.25 million shares were traded.
Ratios:
Our analysis of MTAL’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.91 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.20. For the most recent quarter (mrq), Quick Ratio is recorded 0.97 and its Current Ratio is at 1.12. In the meantime, Its Debt-to-Equity ratio is 0.74 whereas as Long-Term Debt/Eq ratio is at 0.63.
BMO Capital Markets Downgraded its Outperform to Market Perform on May 21, 2024, whereas the target price for the stock was revised from $13 to $12.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 2.98 while its Price-to-Book (P/B) ratio in mrq is 1.83.
Stock Price History:
Over the past 52 weeks, MTAL has reached a high of $14.98, while it has fallen to a 52-week low of $7.69. The 50-Day Moving Average of the stock is 28.63%, while the 200-Day Moving Average is calculated to be 11.08%.
Shares Statistics:
A total of 82.46M shares are outstanding, with a floating share count of 53.47M. Insiders hold about 35.16% of the company’s shares, while institutions hold 29.79% stake in the company.
