Magna Mining Inc.

OTCPK:MGMN.F Stock Report

Market Cap: US$431.2m

Magna Mining Valuation

Is MGMN.F undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of MGMN.F when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

US$0.63
Fair Value
183.3% overvalued intrinsic discount
4
Number of Analysts

Below Fair Value: MGMN.F ($1.78) is trading above our estimate of fair value ($0.63)

Significantly Below Fair Value: MGMN.F is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for MGMN.F?

Key metric: As MGMN.F is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for MGMN.F. This is calculated by dividing MGMN.F's market cap by their current earnings.
What is MGMN.F's PE Ratio?
PE Ratio55.9x
EarningsCA$10.38m
Market CapCA$603.46m

Price to Earnings Ratio vs Peers

How does MGMN.F's PE Ratio compare to its peers?

The above table shows the PE ratio for MGMN.F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average112.3x
IDR Idaho Strategic Resources
53.6x9.10%US$540.0m
EUBG Entrepreneur Universe Bright Group
184.7xn/aUS$253.5m
YDDL One and one Green Technologies
42.4xn/aUS$280.3m
MTRN Materion
168.3x77.51%US$2.8b
MGMN.F Magna Mining
55.9x75.04%US$603.5m

Price-To-Earnings vs Peers: MGMN.F is good value based on its Price-To-Earnings Ratio (55.9x) compared to the peer average (112.3x).

Price to Earnings Ratio vs Industry

How does MGMN.F's PE Ratio compare vs other companies in the US Metals and Mining Industry?

5 CompaniesPrice / EarningsEstimated GrowthMarket Cap
AUCO.Y Polymetal International
4xn/aUS$899.89m
BMXI Brookmount Explorations
1.4xn/aUS$15.51m
RMRI Rocky Mountain Industrials
0.9xn/aUS$1.76m
MDSM.F Ten Sixty Four
0.06xn/aUS$455.60k
MGMN.F 55.9xIndustry Avg. 25.7xNo. of Companies8PE020406080100+
5 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: MGMN.F is expensive based on its Price-To-Earnings Ratio (55.9x) compared to the US Metals and Mining industry average (25.2x).

Price to Earnings Ratio vs Fair Ratio

What is MGMN.F's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

MGMN.F PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio55.9x
Fair PE Ratio59.7x

Price-To-Earnings vs Fair Ratio: MGMN.F is good value based on its Price-To-Earnings Ratio (55.9x) compared to the estimated Fair Price-To-Earnings Ratio (59.7x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst MGMN.F forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$1.78
US$2.96
+66.09%
18.27%US$3.57US$2.22n/a4
Oct ’26US$1.99
US$2.42
+21.49%
9.03%US$2.72US$2.21n/a3
Sep ’26US$1.77
US$2.69
+51.70%
16.05%US$3.28US$2.22n/a4
Aug ’26US$1.22
US$2.17
+77.76%
11.62%US$2.54US$1.89n/a4
Jul ’26US$1.31
US$2.00
+52.59%
9.60%US$2.27US$1.83n/a3
Jun ’26US$1.12
US$1.99
+77.81%
9.60%US$2.26US$1.82n/a3
May ’26US$1.02
US$1.90
+86.11%
13.63%US$2.25US$1.63n/a3
Apr ’26US$1.09
US$1.86
+70.56%
15.89%US$2.15US$1.56n/a2
Mar ’26US$1.16
US$1.94
+66.52%
18.18%US$2.29US$1.59n/a2
Feb ’26US$1.18
US$1.85
+56.94%
15.93%US$2.26US$1.56n/a3
Jan ’26US$0.93
US$1.89
+102.62%
23.81%US$2.34US$1.44n/a2
Dec ’25US$1.03
US$1.89
+84.21%
23.81%US$2.34US$1.44n/a2
Oct ’25US$0.89
US$1.93
+116.45%
23.81%US$2.39US$1.47US$1.992
Sep ’25US$0.59
US$1.04
+74.13%
12.28%US$1.16US$0.91US$1.772
Aug ’25US$0.53
US$1.04
+96.77%
12.28%US$1.16US$0.91US$1.222
Jul ’25US$0.52
US$1.00
+91.91%
16.36%US$1.16US$0.84US$1.312
Jun ’25US$0.58
US$1.40
+140.29%
41.10%US$2.19US$0.84US$1.123
May ’25US$0.61
US$1.19
+94.89%
51.56%US$2.20US$0.66US$1.024
Apr ’25US$0.44
US$1.19
+168.65%
53.76%US$2.24US$0.60US$1.094
Mar ’25US$0.30
US$1.19
+295.81%
53.76%US$2.24US$0.60US$1.164
Feb ’25US$0.33
US$1.19
+267.43%
53.76%US$2.24US$0.60US$1.184
Jan ’25US$0.42
US$1.28
+208.32%
42.90%US$2.18US$0.69US$0.934
Dec ’24US$0.33
US$1.28
+292.16%
42.90%US$2.18US$0.69US$1.034
Nov ’24US$0.30
US$1.28
+327.85%
42.90%US$2.18US$0.69US$0.834
Oct ’24US$0.39
US$1.42
+259.69%
33.91%US$2.22US$0.96US$0.894
US$2.98
Fair Value
40.3% undervalued intrinsic discount
4
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/27 15:55
End of Day Share Price 2025/10/27 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Magna Mining Inc. is covered by 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Dalton BarettoCanaccord Genuity
Bryce AdamsDesjardins Securities Inc.
David DavidsonParadigm Capital, Inc.