MAG Stock Overview
Engages in the development and exploration of mineral properties in Australia. More details
| 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$0.041 |
| 52 Week High | AU$0.13 |
| 52 Week Low | AU$0.025 |
| Beta | 0.38 |
| 11 Month Change | -29.31% |
| 3 Month Change | -30.51% |
| 1 Year Change | -43.06% |
| 33 Year Change | -56.38% |
| 5 Year Change | -75.88% |
| Change since IPO | -79.50% |
Recent News & Updates
Shareholder Returns
| MAG | AU Metals and Mining | AU Market | |
|---|---|---|---|
| 7D | 7.9% | -0.9% | 1.5% |
| 1Y | -43.1% | -12.8% | 17.2% |
Return vs Industry: MAG underperformed the Australian Metals and Mining industry which returned -12.8% over the past year.
Return vs Market: MAG underperformed the Australian Market which returned 17.2% over the past year.
Price Volatility
| MAG volatility | |
|---|---|
| MAG Average Weekly Movement | 12.7% |
| Metals and Mining Industry Average Movement | 10.9% |
| Market Average Movement | 8.6% |
| 10% most volatile stocks in AU Market | 17.3% |
| 10% least volatile stocks in AU Market | 3.4% |
Stable Share Price: MAG's share price has been volatile over the past 3 months compared to the Australian market.
Volatility Over Time: MAG's weekly volatility has decreased from 20% to 13% over the past year, but is still higher than 75% of Australian stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2016 | n/a | David Richardson | magmaticresources.com |
Magmatic Resources Limited engages in the development and exploration of mineral properties in Australia. The company explores for gold and copper deposits. Magmatic Resources Limited 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$17.10m |
| Earnings (TTM) | -AU$3.38m |
| Revenue (TTM) | AU$89.77k |
190.5x
P/S Ratio-5.1x
P/E RatioIs MAG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MAG income statement (TTM) | |
|---|---|
| Revenue | AU$89.77k |
| Cost of Revenue | AU$0 |
| Gross Profit | AU$89.77k |
| Other Expenses | AU$3.47m |
| Earnings | -AU$3.38m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.0081 |
| Gross Margin | 100.00% |
| Net Profit Margin | -3,766.65% |
| Debt/Equity Ratio | 0% |
How did MAG perform over the long term?
See historical performance and comparison