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MAG Stock Chart & Stats
AU$0.03
>-AU$0.01(-7.41%)
At close: 4:00 PM EDT
AU$0.03
>-AU$0.01(-7.41%)
Day’s Range― - ―
52-Week RangeAU$0.02 - AU$0.08
Previous CloseN/A
Volume970.78K
Average Volume (3M)287.14K
Market Cap
AU$9.54M
Enterprise ValueAU$6.45M
Total Cash (Recent Filing)AU$5.54M
Total Debt (Recent Filing)AU$439.52K
Price to Earnings (P/E)―
Beta0.41
Next Earnings
Mar 15, 2027EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding502,231,050
10 Day Avg. Volume101,056
30 Day Avg. Volume287,140
Financial Highlights & Ratios
PEG Ratio-0.03
Price to Book (P/B)1.57
Price to Sales (P/S)0.00
P/FCF Ratio-3.88
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
Low LeverageModest leverage and low debt provide financial flexibility for an exploration company whose projects may require continued investment. A lighter debt burden reduces fixed financing pressure and preserves more options to fund programs, negotiate partnerships, or respond to future discoveries.
Copper-gold Exploration FocusA focused copper-gold exploration strategy gives the company a clear resource-development mandate and exposure to projects that could create value through discovery and advancement. The staged exploration model also allows technical work to progressively assess project potential before major development decisions.
Cash Losses Broadly Match Reported LossesCash flow broadly tracking reported losses suggests the weak earnings profile is not being materially obscured by aggressive non-cash accounting. That improves the transparency of underlying performance, helping investors assess the company’s funding requirements and operating economics more directly.
Bears Say
No Stable Recurring RevenueThe absence of a stable revenue base leaves Magmatic dependent on external financing, asset transactions, or potential project partnerships rather than self-funded operations. Revenue falling to zero also indicates that exploration activities have not yet translated into recurring commercial income.
Persistent Cash BurnContinued negative operating and free cash flow means the company consumes capital while advancing exploration, creating an ongoing need to secure funding or reduce spending. This can limit program flexibility and increase dependence on future financing until operations scale or assets are monetised.
Ongoing Losses And Declining EquitySustained operating losses and declining equity indicate that capital is being consumed rather than compounded. Over time, this weakens the financial base supporting exploration and raises the likelihood that additional funding, potentially including dilution, will be needed to maintain activities.
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$0.02 and its highest was AU$0.07 in the past 12 months.
What is Magmatic Resources Ltd.’s market cap?
Magmatic Resources Ltd.’s market cap is AU$9.54M.
When is Magmatic Resources Ltd.’s upcoming earnings report date?
Magmatic Resources Ltd.’s upcoming earnings report date is Mar 15, 2027 which is in 146 days.
How were Magmatic Resources Ltd.’s earnings last quarter?
Magmatic Resources Ltd. released its earnings results on Sep 25, 2026. The company reported -AU$0.004 earnings per share for the quarter.
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$0.004 in its last earnings report. Following the earnings report the stock price went down -5.263%.
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
1
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3
4
5
6
7
8
9
10
Technicals
SMA
Negative
20 days / 200 days
Momentum
-73.61%
12-Months-Change
Fundamentals
Return on Equity
-56.64%
Trailing 12-Months
Asset Growth
9.99%
Trailing 12-Months
Learn more about TipRanks Smart Score
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. The company was incorporated in 2016 and is headquartered in Orange, Australia.
Technical Analysis
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