Magmatic Resources Ltd. (AU:MAG)
ASX:MAG
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MAG Stock Chart & Stats
AU$0.05
<AU$0.01(4.35%)
At close: 4:00 PM EST
AU$0.05
<AU$0.01(4.35%)
Day’s Range― - ―
52-Week RangeAU$0.03 - AU$0.08
Previous CloseN/A
Volume1.52M
Average Volume (3M)685.42K
Market Cap
AU$23.10M
Enterprise ValueAU$11.86M
Total Cash (Recent Filing)AU$6.23M
Total Debt (Recent Filing)AU$506.95K
Price to Earnings (P/E)―
Beta1.00
Next Earnings
Sep 29, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding502,231,050
10 Day Avg. Volume1,076,484
30 Day Avg. Volume685,416
Financial Highlights & Ratios
PEG Ratio0.23
Price to Book (P/B)2.68
Price to Sales (P/S)42.34
P/FCF Ratio-14.10
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)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Conservative Balance SheetLow leverage and a healthy equity ratio give Magmatic structural financial flexibility. For an exploration company this reduces bankruptcy risk, preserves capacity to fund or partner on drilling programs, and improves negotiating power for JVs or farm-outs over the next several months.
Strong Reported Revenue GrowthSustained meaningful revenue growth signals progress toward commercializing exploration results or realizing milestone receipts. Over months, growing top-line helps validate project advancement, attracts partner interest, and can improve access to non-dilutive funding or better JV terms if the trend continues.
Free Cash Flow Covering Net LossesFree cash flow covering reported losses indicates the company is generating cash after investments despite negative accounting profits. This durable cash-conversion trait extends runway, reduces immediacy of equity raises, and supports continued exploration spending or staged project advancement without immediate dilution.
Bears Say
Negative Operating Cash FlowNegative operating cash flow is a structural weakness: it forces reliance on financing or asset monetization to fund operations. Over a 2-6 month horizon this raises dilution and execution risk for drilling programs, and limits the company's ability to act quickly on partnerships or capital-intensive opportunities.
Persistent UnprofitabilityOngoing negative EBIT and net margins indicate the business has yet to reach operating leverage. This undermines long-term self-funding, depresses returns on invested capital, and makes the company more dependent on external capital or lucrative asset sales to sustain exploration and development plans.
Exploration-stage Funding ModelThe business model's reliance on periodic equity raises and asset monetization is structurally dilutive and timing-dependent. Over months this creates financing risk, constrains strategic options if markets tighten, and makes long-term planning contingent on successful JV, sale, or discovery milestones.
Magmatic Resources Ltd. News
MAG FAQ
What was Magmatic Resources Ltd.’s price range in the past 12 months?
Magmatic Resources Ltd. lowest share price was AU$0.03 and its highest was AU$0.08 in the past 12 months.
What is Magmatic Resources Ltd.’s market cap?
Magmatic Resources Ltd.’s market cap is AU$23.10M.
When is Magmatic Resources Ltd.’s upcoming earnings report date?
Magmatic Resources Ltd.’s upcoming earnings report date is Sep 29, 2026 which is in 118 days.
How were Magmatic Resources Ltd.’s earnings last quarter?
Magmatic Resources Ltd. released its earnings results on Mar 12, 2026. The company reported -AU$0.005 earnings per share for the quarter, missing the consensus estimate of N/A by -AU$0.005.
Is Magmatic Resources Ltd. overvalued?
According to Wall Street analysts Magmatic Resources Ltd.’s price is currently Overvalued.
Does Magmatic Resources Ltd. pay dividends?
Magmatic Resources Ltd. does not currently pay dividends.
What is Magmatic Resources Ltd.’s EPS estimate?
Magmatic Resources Ltd.’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Magmatic Resources Ltd. have?
Magmatic Resources Ltd. has 502,231,050 shares outstanding.
What happened to Magmatic Resources Ltd.’s price movement after its last earnings report?
Magmatic Resources Ltd. reported an EPS of -AU$0.005 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -4.878%.
Which hedge fund is a major shareholder of Magmatic Resources Ltd.?
Currently, no hedge funds are holding shares in AU:MAG
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
Magmatic Resources Ltd. Stock Smart Score
Underperform
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10
Technicals
SMA
Positive
20 days / 200 days
Momentum
26.31%
12-Months-Change
Fundamentals
Return on Equity
-44.43%
Trailing 12-Months
Asset Growth
22.64%
Trailing 12-Months
Company Description
Magmatic Resources Ltd.
Magmatic Resources Limited engages in the development and exploration of mineral properties in Australia. The company explores for gold and copper deposits. It holds 100% interests in the Myall, Parkes, and Wellington North projects located in the East Lachlan region, New South Wales. The company was incorporated in 2016 and is headquartered in Nedlands, Australia.
Technical Analysis
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