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MAC Copper Limited Acquisition by Harmony Gold Becomes Effective

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MAC Copper Limited Acquisition by Harmony Gold Becomes Effective

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The latest announcement is out from MAC Copper ( (MTAL) ).

MAC Copper Limited announced that the acquisition of its entire issued share capital by Harmony Gold (Australia) Pty Ltd, a subsidiary of Harmony Gold Mining Company Limited, has been sanctioned by the Royal Court of Jersey and is now legally effective as of October 10, 2025. As a result, trading of MAC CDIs on the ASX and MAC Shares on the NYSE will be suspended, with the delisting process to follow. The scheme is expected to be implemented on October 24, 2025, with payments to shareholders scheduled for late October and early November. This acquisition marks a significant shift in MAC Copper’s ownership structure, potentially impacting its market positioning and stakeholders.

The most recent analyst rating on (MTAL) stock is a Hold with a $12.25 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 Outperform.

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.

To see Spark’s full report on MTAL stock, click here.

More about MAC Copper

MAC Copper Limited 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 global economy.

Average Trading Volume: 973,717

Technical Sentiment Signal: Strong Buy

Current Market Cap: $1.01B

See more insights into MTAL stock on TipRanks’ Stock Analysis page.

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