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Magnetic North Acquisition TSXV:MNC Stock Report

Last Price

CA$0.10

Market Cap

CA$5.9m

7D

5.0%

1Y

250.0%

Updated

25 Mar, 2024

Data

Company Financials

Magnetic North Acquisition Corp.

TSXV:MNC Stock Report

Market Cap: CA$5.9m

MNC Stock Overview

Magnetic North Acquisition Corp. engages in the merchant banking business in Canada.

MNC fundamental analysis
Snowflake Score
Valuation0/6
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$0.10
52 Week HighCA$0.12
52 Week LowCA$0.01
Beta7.01
1 Month Change61.54%
3 Month Change75.00%
1 Year Change250.00%
3 Year Change-77.17%
5 Year Changen/a
Change since IPO0%

Recent News & Updates

Recent updates

Shareholder Returns

MNCCA Capital MarketsCA Market
7D5.0%1.4%0.4%
1Y250.0%32.3%9.3%

Return vs Industry: MNC exceeded the Canadian Capital Markets industry which returned 32.5% over the past year.

Return vs Market: MNC exceeded the Canadian Market which returned 10.3% 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 Movement5.2%
Market Average Movement8.6%
10% most volatile stocks in CA Market18.6%
10% least volatile stocks in CA Market3.1%

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

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

About the Company

FoundedEmployeesCEOWebsite
1997n/aKevin Spallhttps://www.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$5.91m
Earnings (TTM)-CA$9.90m
Revenue (TTM)n/a

-1.8x

P/S Ratio

-0.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MNC income statement (TTM)
Revenue-CA$3.44m
Cost of RevenueCA$0
Gross Profit-CA$3.44m
Other ExpensesCA$6.46m
Earnings-CA$9.90m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.17
Gross Margin100.00%
Net Profit Margin287.93%
Debt/Equity Ratio-95.0%

How did MNC perform over the long term?

See historical performance and comparison
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