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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$0.02 - AU$0.08
Previous CloseN/A
Volume1.52M
Average Volume (3M)685.42K
Market Cap
AU$15.07M
Enterprise ValueAU$10.35M
Total Cash (Recent Filing)AU$6.23M
Total Debt (Recent Filing)AU$506.95K
Price to Earnings (P/E)―
Beta0.69
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 SheetA low debt-to-equity ratio and a relatively healthy equity ratio reduce financial rigidity and interest burden, giving Magmatic optionality to withstand exploration cycles, secure project funding, or negotiate better JV terms without immediate solvency pressure over the next 2–6 months.
Strong Revenue GrowthVery strong reported revenue growth signals improving commercial traction or milestone receipts from exploration activities. Sustained top-line expansion supports more credible monetization pathways (asset sales, JVs) and can materially improve funding alternatives over a medium-term horizon.
Free Cash Flow CoverageFree cash flow that covers net losses indicates underlying cash generation despite accounting losses. This reduces immediate financing pressure, extends operational runway, and provides the company time to advance projects towards monetization or partner funding over several months.
Bears Say
Negative Operating Cash FlowNegative operating cash flow is a durable concern: it erodes cash reserves and increases dependency on external financing. For an exploration firm, persistent negative operating cash flow shortens runway and can force dilutive equity raises or fire-sale asset disposals within a 2–6 month window.
Ongoing Losses And Weak ProfitabilityNegative profitability metrics and negative ROE reflect structural difficulty converting exploration activity into returns. Continued losses limit reinvestment capacity, reduce attractiveness to partners, and increase long-term funding costs, pressuring strategic options over coming quarters.
Funding Model Reliant On Equity RaisesReliance on equity raises is a structural funding risk for explorers: repeated capital raises dilute existing holders and depend on market appetite. Without clear near-term monetization or JV cash infusions, this model can constrain strategic flexibility and governance choices over months.
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$0.08 in the past 12 months.
What is Magmatic Resources Ltd.’s market cap?
Magmatic Resources Ltd.’s market cap is AU$15.07M.
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 70 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
1
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3
4
5
6
7
8
9
10
Technicals
SMA
Positive
20 days / 200 days
Momentum
26.31%
12-Months-Change
Fundamentals
Return on Equity
―
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. The company was incorporated in 2016 and is headquartered in Orange, Australia.
Technical Analysis
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