Magmatic Resources Ltd. (AU:MAG)
ASX:MAG
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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$15.57M
Enterprise ValueAU$9.35M
Total Cash (Recent Filing)AU$6.23M
Total Debt (Recent Filing)AU$506.95K
Price to Earnings (P/E)―
Beta0.88
Next Earnings
Sep 24, 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
Strong Reported Revenue GrowthA 223% revenue increase signals meaningful progress converting exploration activities into measurable commercial receipts. Sustained top-line expansion can materially raise asset valuations, strengthen MAG's bargaining position for JVs/divestments, and improve ability to attract strategic partners over the medium term.
Conservative Leverage / Healthy Equity RatioA low debt load and healthy equity ratio provide MAG financial flexibility to run exploration programs without heavy interest burdens. Conservative leverage lowers solvency risk, preserves optionality to wait for favourable JV terms, and supports continuity across multiyear drilling and appraisal cycles.
Clear, Structural Monetization PathwaysMAG's business model has durable monetization routes typical for explorers: asset sales, JVs/farm-outs, royalties and milestone payments. These structural options let MAG de-risk discoveries, access third‑party funding, and realize value without needing to build and operate a mine itself.
Bears Say
Negative Operating Cash FlowPersistent negative operating cash flow is a structural constraint for an explorer that funds costly drilling and technical programs. Ongoing cash burn forces repeated financing rounds, limits program continuity, and reduces negotiating leverage on JV/divestment terms if capital markets tighten.
Ongoing Unprofitability And Negative ROENegative net margins and ROE show MAG isn't converting activity into sustainable profits, limiting internally generated funding for exploration. This persistent unprofitability points to structural cost or efficiency issues and raises the bar for achieving self-sustaining operations without dilutive external capital.
Dependence On Equity Funding Until MonetizationReliance on equity raises is a structural vulnerability: fundraising is dilutive and contingent on market access. If capital windows close or terms deteriorate, MAG could face underfunded programs, delayed drills or forced asset sales at suboptimal prices, impeding long-term value creation.
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$15.57M.
When is Magmatic Resources Ltd.’s upcoming earnings report date?
Magmatic Resources Ltd.’s upcoming earnings report date is Sep 24, 2026 which is in 149 days.
How were Magmatic Resources Ltd.’s earnings last quarter?
Magmatic Resources Ltd. released its earnings results on Mar 12, 2026. The company reported -AU$0.005 earnings per share for the quarter, missing the consensus estimate of N/A by -AU$0.005.
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$0.005 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -4.878%.
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
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10
Technicals
SMA
Positive
20 days / 200 days
Momentum
26.31%
12-Months-Change
Fundamentals
Return on Equity
-44.43%
Trailing 12-Months
Asset Growth
22.64%
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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