Magnum Mining and Exploration Dividends and Buybacks

Dividend criteria checks 0/6

Magnum Mining and Exploration does not have a record of paying a dividend.

Key information

n/a

Dividend yield

-38.1%

Buyback Yield

Total Shareholder Yield	-38.1%
Future Dividend Yield	n/a
Dividend Growth	n/a
Next dividend pay date	n/a
Ex dividend date	n/a
Dividend per share	n/a
Payout ratio	n/a

Recent dividend and buyback updates

No updates

Recent updates

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Insufficient data to determine if MGU's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if MGU's dividend payments have been increasing.

Dividend Yield vs Market

Magnum Mining and Exploration Dividend Yield vs Market

How does MGU dividend yield compare to the market?
Segment	Dividend Yield
Company (MGU)	n/a
Market Bottom 25% (AU)	2.6%
Market Top 25% (AU)	6.1%
Industry Average (Metals and Mining)	5.6%
Analyst forecast (MGU) (up to 3 years)	n/a

Notable Dividend: Unable to evaluate MGU's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate MGU's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.

Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate MGU's payout ratio to determine if its dividend payments are covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as MGU has not reported any payouts.

Magnum Mining and Exploration Dividends and Buybacks

Dividend criteria checks 0/6

Key information

Recent dividend and buyback updates

Recent updates

Magnum Mining and Exploration Limited (ASX:MGU) agreed to acquire Palmares Estudos Geologicos LTDA from Beko Investments Ltd for $1.7 million.

Magnum Mining and Exploration Limited (ASX:MGU) agreed to acquire Palmares Estudos Geologicos LTDA from Beko Investments Ltd for $1.7 million.

New major risk - Financial position

New major risk - Share price stability

Magnum Mining and Exploration Limited has filed a Follow-on Equity Offering in the amount of AUD 14.97225 million.

Magnum Mining and Exploration Limited, Annual General Meeting, May 31, 2024

New major risk - Share price stability

New major risk - Market cap size

New major risk - Shareholder dilution

First half 2023 earnings released: AU$0.002 loss per share (vs AU$0.011 loss in 1H 2022)

Magnum Mining and Exploration Limited Announces Executive Changes

Magnum Mining and Exploration Limited Announces Executive Changes

New major risk - Market cap size

Magnum Mining and Exploration Limited, Annual General Meeting, May 31, 2023

Full year 2022 earnings released: AU$0.009 loss per share (vs AU$0.012 loss in FY 2021)

Magnum Mining & Exploration Ltd Announces Lithium Discovery At Buena Vista

Magnum Mining & Exploration Announces Significant Exploration Target Define for Its Buena Vista Green Pig Iron Project in Nevada, USA

No independent directors

Magnum Mining and Exploration Limited Completes High Resolution Aeromagnetic Survey of Its Buena Vista Green Pig Iron Project

Magnum Mining and Exploration Limited (ASX:MGU) entered into a binding share purchase agreement to acquire 100% of the issued capital of Appalachian Iron Inc. from Neil Goodman for AUD 1.1 million.

First half 2022 earnings released: AU$0.011 loss per share (vs AU$0.009 loss in 1H 2021)

Magnum Mining and Exploration Limited Announces Exploration Target Defined, Field Work Begins

Magnum Mining and Exploration Limited Appoints Neil Goodman as Chief Executive Officer

Magnum Mining and Exploration Limited Announces Executive Appointments

Magnum Mining and Exploration Limited Announces Executive Appointments

Magnum Mining and Exploration Limited Announces Board Changes

Magnum Mining and Exploration Limited announced that it expects to receive AUD 20 million in funding

No independent directors

Full year 2021 earnings released: AU$0.011 loss per share (vs AU$0.002 loss in FY 2020)

Insider recently bought AU$416k worth of stock

Magnum Mining and Exploration Limited Provides Green Iron Production Pathway Update

Magnum Mining and Exploration Limited Provides Progress Update

Magnum Mining and Exploration Limited Releases Project Plan for DSO

Magnum Mining and Exploration Limited Provides Update from Recent Sample Testing Completed by American Assay Laboratories

Executive Director has left the company

Magnum Mining and Exploration Limited has completed a Follow-on Equity Offering in the amount of AUD 6 million.

Independent Non-Executive Chairman of the Board Howard Dawson has left the company

Full year 2020 earnings released: AU$0.002 loss per share (vs AU$0.004 loss in FY 2019)

Magnum Mining & Exploration Announces Board Appointments, Effective from March 10, 2021

Non-Executive Director has left the company

Magnum Mining and Exploration Limited has completed a Follow-on Equity Offering in the amount of AUD 2 million.

Magnum Mining and Exploration Limited Announces High Grade Outcropping Magnetite Prospect Located at Buena Vista

Magnum Mining and Exploration Limited Announces Appointment of Consultants

Magnum Mining & Exploration to Commence Study into Direct Shipping Ore Operation At Buena Vista Magnetite Project

Magnum Mining and Exploration Limited has completed a Follow-on Equity Offering in the amount of AUD 1 million.

Magnum Mining and Exploration Limited, Annual General Meeting, Jan 11, 2021

Magnum Mining & Exploration Limited Appoints Simon Baldwin as Director

Magnum Mining and Exploration Limited (ASX:MGU) entered into a binding Sale and Purchase Agreement to acquire Buena Vista Magnetite iron ore project in Nevada for AUD 7 million.

First half earnings released

Magnum Mining and Exploration Limited announced that it has received AUD 0.25 million in funding

Stability and Growth of Payments

Dividend Yield vs Market

Earnings Payout to Shareholders

Cash Payout to Shareholders

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