MTAL
Price:
$12.21
Market Cap:
$1.01B
MAC Copper Ltd does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company intends to focus its search on metals and mining businesses. Metals Acquisition Corp was incorporated in 2021 and is based in Fort Worth, Texas.
Industry
Copper
IPO Date
2021-09-20
Stock Exchange
NYSE
Ticker
MTAL
According to MAC Copper Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 0.58. This represents a change of -31.47% compared to the average of 0.85 of the last 4 quarters.
The mean historical Current Ratio of MAC Copper Ltd over the last ten years is 0.90. The current 0.58 Current Ratio has changed 6.40% with respect to the historical average. Over the past ten years (40 quarters), MTAL's Current Ratio was at its highest in in the September 2021 quarter at 299.37. The Current Ratio was at its lowest in in the June 2021 quarter at 0.
Average
0.90
Median
0.71
Minimum
0.02
Maximum
2.14
Discovering the peaks and valleys of MAC Copper Ltd Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 1.78%
Maximum Annual Current Ratio = 2.14
Minimum Annual Increase = -99.24%
Minimum Annual Current Ratio = 0.02
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.12 | 265.42% |
| 2023 | 0.31 | 1.78% |
| 2022 | 0.02 | -99.24% |
The current Current Ratio of MAC Copper Ltd (MTAL) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
0.48
5-year avg
0.90
10-year avg
0.90
MAC Copper Ltd’s Current Ratio is less than Gatos Silver, Inc. (9.67), less than Radius Recycling, Inc. (1.85), less than Metallus Inc. (1.90), less than Chase Corporation (4.44), less than Maverix Metals Inc. (12.46), less than Mativ Holdings, Inc. (2.14), less than Sitio Royalties Corp. (4.04), greater than Lithium Americas (Argentina) Corp. (0.49), less than Sisecam Resources LP (2.82),
| Company | Current Ratio | Market cap |
|---|---|---|
| 9.67 | $1.00B | |
| 1.85 | $841.73M | |
| 1.90 | $725.52M | |
| 4.44 | $1.21B | |
| 12.46 | $741.59M | |
| 2.14 | $659.28M | |
| 4.04 | $1.41B | |
| 0.49 | $443.69M | |
| 2.82 | $402.13M |
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