MAG Stock Overview
Magmatic Resources Limited engages in the development and exploration of mineral properties in Australia.
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
Magmatic Resources Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$0.10 |
| 52 Week High | AU$0.14 |
| 52 Week Low | AU$0.025 |
| Beta | 0.95 |
| 1 Month Change | 23.53% |
| 3 Month Change | 150.00% |
| 1 Year Change | -4.55% |
| 3 Year Change | -36.36% |
| 5 Year Change | 320.00% |
| Change since IPO | -47.50% |
Recent News & Updates
Shareholder Returns
| MAG | AU Metals and Mining | AU Market | |
|---|---|---|---|
| 7D | 14.1% | -1.7% | -2.2% |
| 1Y | -4.5% | -4.9% | 4.5% |
Return vs Industry: MAG exceeded the Australian Metals and Mining industry which returned -7.6% over the past year.
Return vs Market: MAG underperformed the Australian Market which returned 4% over the past year.
Price Volatility
| MAG volatility | |
|---|---|
| MAG Average Weekly Movement | 30.9% |
| Metals and Mining Industry Average Movement | 12.5% |
| Market Average Movement | 9.0% |
| 10% most volatile stocks in AU Market | 17.6% |
| 10% least volatile stocks in AU Market | 3.4% |
Stable Share Price: MAG's share price has been volatile over the past 3 months.
Volatility Over Time: MAG's weekly volatility has increased from 21% to 31% over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2016 | n/a | Adam McKinnon | magmaticresources.com |
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.
Magmatic Resources Limited Fundamentals Summary
| MAG fundamental statistics | |
|---|---|
| Market cap | AU$40.07m |
| Earnings (TTM) | -AU$5.85m |
| Revenue (TTM) | AU$54.10k |
740.7x
P/S Ratio-6.9x
P/E RatioIs MAG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MAG income statement (TTM) | |
|---|---|
| Revenue | AU$54.10k |
| Cost of Revenue | AU$0 |
| Gross Profit | AU$54.10k |
| Other Expenses | AU$5.90m |
| Earnings | -AU$5.85m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.015 |
| Gross Margin | 100.00% |
| Net Profit Margin | -10,812.07% |
| Debt/Equity Ratio | 0% |
How did MAG perform over the long term?
See historical performance and comparison