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Magnetic North Acquisition TSXV:MNC Stock Report

Last Price

CA$0.07

Market Cap

CA$4.1m

7D

0%

1Y

366.7%

Updated

12 Oct, 2024

Data

Company Financials

Magnetic North Acquisition Corp.

TSXV:MNC Stock Report

Market Cap: CA$4.1m

MNC Stock Overview

Engages in the merchant banking business in Canada. More details

MNC fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends0/6

Magnetic North Acquisition Corp. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Magnetic North Acquisition
Historical stock prices
Current Share PriceCA$0.07
52 Week HighCA$0.12
52 Week LowCA$0.01
Beta6.72
11 Month Change0%
3 Month Change0%
1 Year Change366.67%
33 Year Change-66.67%
5 Year Changen/a
Change since IPO-33.33%

Recent News & Updates

Recent updates

Shareholder Returns

MNCCA Capital MarketsCA Market
7D0%-0.9%1.3%
1Y366.7%66.0%23.1%

Return vs Industry: MNC exceeded the Canadian Capital Markets industry which returned 59.3% over the past year.

Return vs Market: MNC exceeded the Canadian Market which returned 23.4% over the past year.

Price Volatility

Is MNC's price volatile compared to industry and market?
MNC volatility
MNC Average Weekly Movementn/a
Capital Markets Industry Average Movement5.6%
Market Average Movement8.3%
10% most volatile stocks in CA Market17.8%
10% least volatile stocks in CA Market2.9%

Stable Share Price: MNC's share price has been volatile over the past 3 months compared to the Canadian market.

Volatility Over Time: Insufficient data to determine MNC's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
1997n/aKevin Spallwww.magneticnac.com

Magnetic North Acquisition Corp. engages in the merchant banking business in Canada. The company was formerly known as Black Bull Resources Inc. and changed its name to Magnetic North Acquisition Corp. Magnetic North Acquisition Corp. was incorporated in 1997 and is headquartered in Calgary, Canada.

Magnetic North Acquisition Corp. Fundamentals Summary

How do Magnetic North Acquisition's earnings and revenue compare to its market cap?
MNC fundamental statistics
Market capCA$4.14m
Earnings (TTM)-CA$1.41m
Revenue (TTM)CA$880.00k

4.7x

P/S Ratio

-2.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MNC income statement (TTM)
RevenueCA$880.00k
Cost of RevenueCA$0
Gross ProfitCA$880.00k
Other ExpensesCA$2.29m
Earnings-CA$1.41m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.024
Gross Margin100.00%
Net Profit Margin-159.92%
Debt/Equity Ratio-726.8%

How did MNC perform over the long term?

See historical performance and comparison