Magna Mining (MGMNF)
OTHER OTC:MGMNF
MGMNF Stock Chart & Stats
$1.79
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Market closed
$1.79
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Day’s Range― - ―
52-Week Range$1.18 - $3.10
Previous CloseN/A
VolumeN/A
Average Volume (3M)N/A
Market Cap
$408.64M
Enterprise Value$446.52M
Total Cash (Recent Filing)$35.77M
Total Debt (Recent Filing)$16.28M
Price to Earnings (P/E)―
Beta1.79
Next Earnings
Aug 21, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.25
Shares Outstanding250,826,310
10 Day Avg. VolumeN/A
30 Day Avg. VolumeN/A
Financial Highlights & Ratios
PEG Ratio2.32
Price to Book (P/B)6.23
Price to Sales (P/S)9.46
P/FCF Ratio-14.33
Enterprise Value/Market Cap1.09
Enterprise Value/Revenue5.17
Enterprise Value/Gross Profit-51.38
Enterprise Value/Ebitda-11.87
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)-0.03
Revenue Forecast (FY)$88.66M
Bulls Say, Bears Say
Bulls Say
Revenue RampA material revenue ramp to $86.4M TTM (+~33%) signals the company is advancing from zero/minimal sales toward scale. Sustained top-line growth provides a platform to leverage fixed costs, improve operating leverage, and create a pathway toward margin recovery if spent capital is efficiently converted to recurring revenues.
Low LeverageA low debt-to-equity ratio (~0.17) reduces near-term refinancing and interest burdens, preserving strategic optionality. This balance sheet space permits continued project investment or measured capital raises without immediate solvency pressure, supporting multi-quarter development and permitting timelines.
Clear Project FocusA concentrated business model centered on nickel/copper base-metal assets in one jurisdiction creates focused technical expertise and permitting strategies. That clarity enables management to prioritize resource definition, engineering and permitting milestones that drive lasting project value beyond short-term market swings.
Bears Say
Negative MarginsPersistently negative gross profit and a ~-$52.5M TTM net loss indicate the company's current cost structure cannot be supported by revenues. Without durable margin improvement or cost restructuring, profitability remains distant, undermining the firm's ability to self-fund further development or deliver returns to shareholders.
Cash BurnMaterial negative operating cash flow (~-$49.6M TTM) and deep negative free cash flow (~-$59.9M TTM) imply persistent funding requirements. Continued cash burn pressures liquidity and forces reliance on external financing, diluting stakeholders or raising execution risk if capital markets tighten over the coming months.
Eroding Equity / ReturnsDeclining equity and deeply negative returns on equity reflect cumulative losses that weaken the capital base. Over time this erodes financial flexibility, increases the probability of dilutive capital raises, and limits the company's capacity to absorb setbacks during multi-stage project development.
Magna Mining News
MGMNF FAQ
What was Magna Mining’s price range in the past 12 months?
Magna Mining lowest stock price was $1.18 and its highest was $3.10 in the past 12 months.
What is Magna Mining’s market cap?
Magna Mining’s market cap is $408.64M.
When is Magna Mining’s upcoming earnings report date?
Magna Mining’s upcoming earnings report date is Aug 21, 2026 which is in 75 days.
How were Magna Mining’s earnings last quarter?
Magna Mining released its earnings results on May 27, 2026. The company reported -$0.022 earnings per share for the quarter, missing the consensus estimate of N/A by -$0.022.
Is Magna Mining overvalued?
According to Wall Street analysts Magna Mining’s price is currently Overvalued.
Does Magna Mining pay dividends?
Magna Mining does not currently pay dividends.
What is Magna Mining’s EPS estimate?
Magna Mining’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Magna Mining have?
Magna Mining has 250,826,310 shares outstanding.
What happened to Magna Mining’s price movement after its last earnings report?
Magna Mining reported an EPS of -$0.022 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -3.356%.
Which hedge fund is a major shareholder of Magna Mining?
Currently, no hedge funds are holding shares in MGMNF
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
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10
Technicals
SMA
Positive
20 days / 200 days
Momentum
89.51%
12-Months-Change
Fundamentals
Return on Equity
-54.38%
Trailing 12-Months
Asset Growth
8.74%
Trailing 12-Months
Company Description
Magna Mining
Magna Mining Inc. engages in the acquisition, exploration, and development of mineral properties in Canada. The company primarily explores for nickel, copper, and platinum group metal deposits. Its flagship property is 100% owned the Shakespeare Mine consisting of 29 patented claims, three leased claims, and 787 mining claims covering an area of 18,178 hectares located in Sudbury, Canada. Magna Mining Inc. was founded in 2016 is based in Dowling, Canada.
Western Copper
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NorthIsle Copper and Gold
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Troilus Gold Corp
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Aclara Resources, Inc.
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Ownership Overview
9.59% Insiders
3.72% Mutual Funds
― Other Institutional Investors
83.58% Public Companies and
Individual Investors
Options Prices
Currently, No data available
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