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$16.57M
Enterprise ValueAU$9.85M
Total Cash (Recent Filing)AU$6.23M
Total Debt (Recent Filing)AU$506.95K
Price to Earnings (P/E)―
Beta0.65
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
Revenue GrowthA 223.53% revenue increase signals meaningful exploration success or asset revaluation that materially expanded top-line activity. Over 2-6 months this can sustainably increase project valuation, attract JV/farm-in interest and provide stronger bargaining leverage in partner financings.
Conservative LeverageA low debt profile and healthy equity base preserve financial flexibility for an explorer. Reduced leverage lowers solvency risk, lets management pursue serial drilling or structured partnerships without heavy interest burdens, and supports resilience through commodity cycles.
Asset-monetization Business ModelThe company’s model—advancing exploration targets then monetizing through sales, farm-ins or joint ventures—is durable for juniors. It enables risk transfer to capital-rich partners, conserves internal capital, and provides repeatable exit or funding paths as projects de-risk.
Bears Say
Persistent LossesContinued unprofitability and negative ROE are structural concerns: they erode shareholder value and reduce internal funding capacity. Over months this forces reliance on external financing, raises dilution risk and constrains the ability to self-fund advance-to-development activities.
Negative Operating Cash FlowNegative operating cash flow indicates the company burns cash to run exploration activities. This structural cash outflow necessitates recurrent capital injections or partner funding, increasing execution risk and potentially slowing project timelines if financing access tightens.
Reliance On Equity FundingDependence on equity raises and absence of recurring revenue make progression contingent on capital market conditions. Structurally, this elevates financing and timing risk, can dilute existing holders, and may delay programs if market access or investor appetite weakens.
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$16.57M.
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 175 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
Underperform
1
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4
5
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7
8
9
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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