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Magmatic Resources Ltd. (AU:MAG)
ASX:MAG
MAG Stock Chart & Stats
AU$0.05
<AU$0.01(4.35%)
At close: 4:00 PM EST
AU$0.05
<AU$0.01(4.35%)
Day’s Range― - ―
52-Week RangeAU$0.03 - AU$0.08
Previous CloseN/A
Volume1.52M
Average Volume (3M)685.42K
Market Cap
AU$19.08M
Enterprise ValueAU$16.37M
Total Cash (Recent Filing)AU$4.74M
Total Debt (Recent Filing)AU$520.06K
Price to Earnings (P/E)―
Beta0.51
Next Earnings
Mar 16, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding502,231,050
10 Day Avg. Volume1,076,484
30 Day Avg. Volume685,416
Financial Highlights & Ratios
PEG Ratio0.23
Price to Book (P/B)2.68
Price to Sales (P/S)42.34
P/FCF Ratio-14.10
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Exploration-driven Business ModelMagmatic’s core business is exploration and asset-value creation, a durable model where successful discoveries and resource definition can be monetized via farm-ins, JV partners or asset sales. This creates optionality: a single material discovery can transform scale and partnership prospects over years.
Conservative LeverageA low debt-to-equity profile and a relatively healthy equity ratio provide balance sheet flexibility for a junior explorer. Conservative leverage reduces solvency risk during multi-year exploration cycles and makes the company a more credible partner for farm-ins or JV arrangements that require counterparty stability.
Strong Recent Revenue GrowthThe reported 223.53% revenue increase signals the company can generate episodic cash or transactional proceeds (e.g., asset sales, option fees). For explorers this demonstrates ability to convert exploration activity into tangible receipts that can fund further work or attract partners, improving medium-term program sustainability.
Bears Say
Negative Operating Cash FlowPersistent negative operating cash flow is a structural weakness for an explorer: it forces reliance on external capital, constrains continuous drilling programs, and raises the risk that funding gaps will delay target advancement. Over multiple quarters this undermines project momentum and increases financing sensitivity.
Ongoing UnprofitabilityNegative net and EBIT margins, coupled with a negative ROE, indicate Magmatic is not currently generating operating profits from its activities. That limits internal reinvestment, reduces negotiating leverage with partners, and signals operational inefficiencies that must be addressed before the company can self-fund longer-term development.
Reliance On Equity FundingHeavy dependence on equity raises (placements/rights issues) exposes shareholders to dilution and ties exploration continuity to capital market conditions. In tougher markets this can curtail programs or force discount financings, making multi-year exploration plans contingent on external market access rather than predictable internal cash generation.
Magmatic Resources Ltd. News
MAG FAQ
What was Magmatic Resources Ltd.’s price range in the past 12 months?
Magmatic Resources Ltd. lowest share price was AU$0.03 and its highest was AU$0.08 in the past 12 months.
What is Magmatic Resources Ltd.’s market cap?
Magmatic Resources Ltd.’s market cap is AU$19.08M.
When is Magmatic Resources Ltd.’s upcoming earnings report date?
Magmatic Resources Ltd.’s upcoming earnings report date is Mar 16, 2026 which is in 6 days.
How were Magmatic Resources Ltd.’s earnings last quarter?
Magmatic Resources Ltd. released its earnings results on Sep 23, 2025. The company reported -AU$0.003 earnings per share for the quarter, missing the consensus estimate of N/A by -AU$0.003.
Is Magmatic Resources Ltd. overvalued?
According to Wall Street analysts Magmatic Resources Ltd.’s price is currently Overvalued.
Does Magmatic Resources Ltd. pay dividends?
Magmatic Resources Ltd. does not currently pay dividends.
What is Magmatic Resources Ltd.’s EPS estimate?
Magmatic Resources Ltd.’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Magmatic Resources Ltd. have?
Magmatic Resources Ltd. has 502,231,050 shares outstanding.
What happened to Magmatic Resources Ltd.’s price movement after its last earnings report?
Magmatic Resources Ltd. reported an EPS of -AU$0.003 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Magmatic Resources Ltd.?
Currently, no hedge funds are holding shares in AU:MAG
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Magmatic Resources Ltd. Stock Smart Score
Neutral
1
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3
4
5
6
7
8
9
10
Technicals
SMA
Positive
20 days / 200 days
Momentum
26.31%
12-Months-Change
Fundamentals
Return on Equity
-25.89%
Trailing 12-Months
Asset Growth
-15.69%
Trailing 12-Months
Company Description
Magmatic Resources Ltd.
Magmatic Resources Limited engages in the development and exploration of mineral properties in Australia. The company explores for gold and copper deposits. It holds 100% interests in the Myall, Parkes, and Wellington North projects located in the East Lachlan region, New South Wales. The company was incorporated in 2016 and is headquartered in Nedlands, Australia.
Technical Analysis
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