Magna Mining (8YD) Price & Analysis

1 Followers

8YD Stock Chart & Stats

€1.65

€0.03(1.92%)

At close: Jul 31 4:00 PM EDT

€1.65

€0.03(1.92%)

Day’s Range― - ―

52-Week Range€1.17 - €2.34

Previous CloseN/A

Volume0.00

Average Volume (3M)100.00

Market Cap

€420.49M

Enterprise Value€500.58M

Total Cash (Recent Filing)€35.77M

Total Debt (Recent Filing)€16.28M

Price to Earnings (P/E)―

Beta1.04

Next Earnings

Nov 25, 2026

EPS Estimate

>-0.01

Next Dividend Ex-DateN/A

Dividend YieldN/A

Share Statistics

EPS (TTM)-0.24

Shares Outstanding313,221,220

10 Day Avg. Volume0

30 Day Avg. Volume100

Financial Highlights & Ratios

PEG Ratio2.31

Price to Book (P/B)6.23

Price to Sales (P/S)9.46

P/FCF Ratio-14.33

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price TargetN/A

Price Target UpsideN/A

Rating ConsensusN/A

Number of Analyst Covering0

EPS Forecast (FY)-0.05

Revenue Forecast (FY)€76.94M

Bulls Say, Bears Say

Bulls Say

Revenue GrowthThe recent revenue ramp shows improving commercial scale after minimal or zero revenue in earlier periods. If this growth is sustained, it can provide a broader base for operating leverage and support the company’s transition toward a more established business profile.

Manageable LeverageLow relative debt reduces near-term balance-sheet pressure and limits the burden of interest and refinancing obligations. This gives Magna greater financial flexibility while it advances its assets, although future funding needs will still depend on losses and cash consumption.

Base-Metals Asset FocusA focused portfolio of Ontario mineral properties gives Magna a defined platform for exploration, evaluation, and development. Its nickel and copper orientation aligns the company with established base-metal project advancement, subject to successful technical and permitting progress.

Bears Say

Persistent UnprofitabilityNegative gross profit and substantial operating and net losses show that current revenue does not yet support the cost structure. Until margins improve, continued growth may not translate into earnings, limiting internally generated capital for development and other corporate needs.

Sustained Cash BurnDeeply negative operating and free cash flow indicate that the business is consuming substantial cash while it advances its activities. If this pattern persists, Magna will require ongoing access to external funding, increasing execution risk and reducing flexibility in capital allocation.

Capital Base ErosionDeclining equity alongside deeply negative returns shows that losses are weakening the capital base over time. This can make future project funding more challenging and increases dependence on financing or other capital transactions to sustain exploration and development programs.

Magna Mining News

Magna Mining Greenlights 2027 Construction at Crean Hill After Robust Pre-Feasibility Study

Magna Mining ( ($TSE:NICU) ) just unveiled an announcement. Magna Mining has released a pre-feasibility study for its...

7d ago

Magna Mining clears restart of Levack mine after strong economic study

An announcement from Magna Mining ( ($TSE:NICU) ) is now available. Magna Mining has released a preliminary economic...

20d ago

Magna Mining Secures C$140 Million Strategic Investment from Alpayana

Magna Mining ( ($TSE:NICU) ) has provided an announcement. Magna Mining has closed a C$140 million non-brokered strategic...

2M ago

Magna Mining Delivers Record Q2 Output, Secures Major Strategic Investment

An update from Magna Mining ( ($TSE:NICU) ) is now available. Magna Mining reported a landmark second quarter...

3M ago

Magna Mining Reports High-Grade Levack Drill Hits as It Advances Toward Potential 2026 Restart

The latest update is out from Magna Mining ( ($TSE:NICU) ). Magna Mining reported new high-grade drill results...

7M ago

Magna Mining Files NI 43-101 Technical Report for McCreedy West Mine

Magna Mining ( ($TSE:NICU) ) has shared an announcement. Magna Mining Inc. has filed an independent NI 43-101...

7M ago

Magna Mining Sets Initial McCreedy West Reserves, Backing Three-Year Output Plan

Magna Mining ( ($TSE:NICU) ) has provided an announcement. Magna Mining has reported initial mineral reserves for its...

8M ago

Magna Mining Extends High-Grade Footwall Mineralization at Levack Mine

An update from Magna Mining ( ($TSE:NICU) ) is now available. Magna Mining has reported further high-grade drill...

8M ago

Magna Mining price target lowered to C$6.50 from C$7 at Canaccord

Canaccord analyst Dalton Baretto lowered the firm’s price target on Magna Mining (MGMNF) to C$6.50 from C$7 and...

9M ago

Magna Mining Sets 2026 Output Targets as Sudbury Mine Restart Plans Advance

Magna Mining ( ($TSE:NICU) ) has provided an announcement. Magna Mining has issued its 2026 operational guidance, forecasting...

9M ago

Magna Mining Caps 2025 With Strong Q4 Output and Higher Grades at McCreedy West

The latest announcement is out from Magna Mining ( ($TSE:NICU) ). Magna Mining reported that its McCreedy West...

9M ago

Magna Mining files technical report for MRE on Levack Mine property

Magna Mining (MGMNF) announced that further to its news release dated November 18 titled “Magna Mining Reports Mineral...

10M ago

8YD FAQ

What was Magna Mining’s price range in the past 12 months?

Magna Mining lowest stock price was €1.17 and its highest was €2.34 in the past 12 months.

What is Magna Mining’s market cap?

Magna Mining’s market cap is €420.49M.

When is Magna Mining’s upcoming earnings report date?

Magna Mining’s upcoming earnings report date is Nov 25, 2026 which is in 28 days.

How were Magna Mining’s earnings last quarter?

Magna Mining released its earnings results on Aug 12, 2026. The company reported -€0.019 earnings per share for the quarter, missing the consensus estimate of €0.006 by -€0.026.

Is Magna Mining overvalued?

According to Wall Street analysts Magna Mining’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Magna Mining pay dividends?

Magna Mining does not currently pay dividends.

What is Magna Mining’s EPS estimate?

Magna Mining’s EPS estimate is >-0.01.

How many shares outstanding does Magna Mining have?

Magna Mining has 313,221,220 shares outstanding.

What happened to Magna Mining’s price movement after its last earnings report?

Magna Mining reported an EPS of -€0.019 in its last earnings report, missing expectations of €0.006. Following the earnings report the stock price went up 2.908%.

Which hedge fund is a major shareholder of Magna Mining?

Currently, no hedge funds are holding shares in DE:8YD

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Magna Mining Stock Smart Score

Underperform

Technicals

Fundamentals

Return on Equity

-54.38%

Trailing 12-Months

Asset Growth

11.20%

Trailing 12-Months

Learn more about TipRanks Smart Score

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Company Description

Magna Mining

Magna Mining, Inc. engages in the acquisition, exploration, and development of mineral properties. Its portfolio includes copper, nickel, and precious metal assets. The company was founded by Jason Jessup in 2016 and is headquartered in Sudbury, Canada.