Magmatic Resources Ltd. (AU:MAG)
ASX:MAG
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Magmatic Resources Ltd.
(Sydney:MAG)
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Rating:44Neutral
Price Target:
AU$0.03
▼(-38.00% Downside)
Action:Reiterated
Date:06/13/26
The score is driven primarily by weak fundamentals: ongoing losses and negative operating cash flow despite strong revenue growth. Technicals add pressure with the stock trading below major moving averages and only modest/weak momentum signals. Valuation provides limited support because the negative P/E reflects unprofitable operations and there is no dividend yield data.
Positive Factors
Revenue Growth
A 223.5% revenue increase shows the company can scale exploration-related receipts or recognize meaningful project value. Sustained top-line growth improves options to attract JV partners or buyers, increasing probability of monetization events over the next few months.
Negative Factors
Negative Operating Cash Flow
Persistent negative operating cash flow erodes liquidity and increases dependency on external financing. Over a multi-month horizon this constrains the pace of exploration and forces management to prioritize funding choices, risking delayed project milestones.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
A 223.5% revenue increase shows the company can scale exploration-related receipts or recognize meaningful project value. Sustained top-line growth improves options to attract JV partners or buyers, increasing probability of monetization events over the next few months.
Read all positive factors
Magmatic Resources Ltd. (MAG) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$15.07M
Dividend YieldN/A
Average Volume (3M)685.42K
Price to Earnings (P/E)―
Beta (1Y)0.73
Revenue GrowthN/A
EPS Growth-58.00%
CountryAU
Employees11
SectorBasic Materials
Sector Strength58
IndustryGold
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
Magmatic Resources Ltd. Business Overview & Revenue Model
Company Description
Magmatic Resources Limited, an Australian enterprise established in 2016 and headquartered in Nedlands, Australia, focuses on the prospecting and advancement of mineral resources within the country. The company's primary objective is the identific...
How the Company Makes Money
Magmatic Resources Ltd. primarily aims to generate economic value by advancing exploration projects to the point where they can be monetized rather than by selling finished products. Its potential money-making pathways include: (1) Project divestm...
Magmatic Resources Ltd. Financial Statement Overview
Summary
Income Statement
30
Negative
Balance Sheet
45
Neutral
Cash Flow
35
Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 416.51K | 472.91K | 89.77K | 54.10K | 58.40K | 32.17K |
| Gross Profit | 345.32K | 472.91K | 89.77K | -11.14K | -16.28K | -40.29K |
| EBITDA | -3.24M | -1.80M | -3.39M | -7.43M | -3.01M | 1.26M |
| Net Income | -3.68M | -2.17M | -3.38M | -7.49M | -3.02M | 1.19M |
Balance Sheet | ||||||
| Total Assets | 11.19M | 8.78M | 10.41M | 4.83M | 7.13M | 8.59M |
| Cash, Cash Equivalents and Short-Term Investments | 6.23M | 4.74M | 6.34M | 2.86M | 5.02M | 6.12M |
| Total Debt | 506.95K | 520.06K | 580.43K | 0.00 | 22.61K | 70.64K |
| Total Liabilities | 2.10M | 1.30M | 1.11M | 488.75K | 397.62K | 1.07M |
| Stockholders Equity | 9.08M | 7.48M | 9.30M | 4.34M | 6.73M | 7.52M |
Cash Flow | ||||||
| Free Cash Flow | -2.51M | -1.42M | -3.04M | -6.73M | -3.57M | -3.21M |
| Operating Cash Flow | -2.48M | -1.31M | -3.03M | -6.71M | -3.56M | -3.21M |
| Investing Cash Flow | -78.35K | -196.88K | 15.91K | -61.82K | -14.94K | 22.00K |
| Financing Cash Flow | 2.77M | -82.43K | 6.50M | 4.61M | 2.47M | 5.07M |
Magmatic Resources Ltd. Technical Analysis
Negative
0.05
Price Trends
0.03
Negative
0.04
Negative
0.05
Negative
Market Momentum
>-0.01
Positive
41.36
Neutral
-4.14
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:MAG, the sentiment is Negative. The current price of 0.05 is above the 20-day moving average (MA) of 0.04, above the 50-day MA of 0.03, and above the 200-day MA of 0.05, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 41.36 is Neutral, neither overbought nor oversold. The STOCH value of -4.14 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:MAG.
Magmatic Resources Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
48 Neutral | AU$48.74M | -9.60 | -35.89% | ― | ― | -69.57% | |
47 Neutral | AU$48.69M | 19.99 | 7.66% | ― | 400.00% | ― | |
45 Neutral | AU$10.28M | -4.16 | -7.27% | ― | ― | -36.96% | |
44 Neutral | AU$15.07M | -4.23 | -44.43% | ― | ― | -58.00% | |
43 Neutral | AU$18.87M | -1.62 | -18.70% | ― | ― | 9.01% | |
43 Neutral | AU$35.46M | -4.10 | -342.09% | ― | ― | -86.59% |
* Basic Materials Sector Average
AU:MAG
Magmatic Resources Ltd.
0.03
-0.01
-25.00%
AU:ODY
Odyssey Gold Limited
0.03
0.01
70.00%
AU:ICL
Iceni Gold Ltd.
0.03
-0.03
-56.67%
AU:IR1
Iris Metals Limited
0.07
-0.03
-34.00%
AU:WGR
Western Gold Resources Ltd.
0.12
0.03
33.33%
AU:KZR
Kalamazoo Resources Ltd.
0.16
0.07
72.22%
Magmatic Resources Ltd. Corporate Events
Magmatic touts advanced copper‑gold portfolio and FMG-backed growth push
May 5, 2026
Magmatic Resources is highlighting its portfolio of four advanced gold and copper projects spread across Australia’s two major gold regions, including the Weebo, Myall and Wellington North prospects. These assets are positioned in tier‑...
Magmatic advances Myall JV exploration as Weebo drilling set to start
May 3, 2026
Magmatic Resources has completed its FY2026 exploration programs at the Myall Farm-in and Joint Venture Copper-Gold Project, funded by Fortescue’s subsidiary FMG Resources, with 16 diamond drill holes and multiple aircore campaigns testing N...
Magmatic advances Weebo gold drilling and ramps up Myall JV exploration
Apr 30, 2026
Magmatic Resources advanced exploration at its Weebo Gold Project in Western Australia during the March quarter, reporting encouraging air-core and reverse circulation drilling results from the Ockerburry and Scone Stone prospects that highlight p...
Magmatic Resources Restructures Finance Function After CFO Retirement
Mar 19, 2026
Magmatic Resources has announced the retirement of its Chief Financial Officer, Mike Franklin, effective immediately, marking a change in the company’s senior financial leadership structure. Instead of appointing a new CFO, the board has opt...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.