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Magmatic Resources Ltd.
(Sydney:MAG)
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Rating:41Neutral
Price Target:
AU$0.03
▼(-44.00% Downside)
Action:Reiterated
Date:06/26/26
The score is primarily held back by weak financial performance—ongoing losses, negative ROE, and negative operating cash flow—despite strong revenue growth and low leverage. Technicals add further pressure as the stock trades below major moving averages with negative MACD. Valuation is constrained by a negative P/E (loss-making) and no dividend data.
Positive Factors
Conservative leverage
Low debt-to-equity and conservative leverage provide durable financial flexibility, reducing default and refinancing risk during exploration cycles. This strengthens the company’s ability to fund staged drilling or negotiate joint ventures without excessive interest burdens or covenant pressure over the next 2-6 months.
Negative Factors
Negative operating cash flow
Persistent negative operating cash flow indicates core operations consume cash, forcing reliance on external financing or asset sales to continue exploration. Over a multi-month horizon this can constrain drilling programs, slow project milestones, and increase dilution or financing risk.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative leverage
Low debt-to-equity and conservative leverage provide durable financial flexibility, reducing default and refinancing risk during exploration cycles. This strengthens the company’s ability to fund staged drilling or negotiate joint ventures without excessive interest burdens or covenant pressure over the next 2-6 months.
Read all positive factors
Magmatic Resources Ltd. (MAG) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$14.56M
Dividend YieldN/A
Average Volume (3M)685.42K
Price to Earnings (P/E)―
Beta (1Y)0.78
Revenue GrowthN/A
EPS Growth-58.00%
CountryAU
Employees115
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
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 engages in the development and exploration of mineral properties in Australia. The company explores for gold and copper deposits. The company was incorporated in 2016 and is headquartered in Orange, Australia....
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
0.03
Negative
0.05
Negative
Market Momentum
>-0.01
Negative
51.29
Neutral
87.74
Negative
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 0.03, above the 50-day MA of 0.03, and above the 200-day MA of 0.05, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 51.29 is Neutral, neither overbought nor oversold. The STOCH value of 87.74 is Negative, 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% | |
50 Neutral | AU$13.68M | -5.56 | -11.93% | ― | ― | ― | |
44 Neutral | AU$16.89M | -4.10 | -11.72% | ― | ― | 42.65% | |
44 Neutral | AU$8.23M | -7.59 | -9.43% | ― | ― | 53.13% | |
41 Neutral | AU$14.56M | -3.46 | -44.43% | ― | ― | -58.00% | |
41 Neutral | AU$10.46M | 480.00 | -16.36% | ― | ― | ― | |
41 Neutral | AU$11.56M | -1.94 | -202.96% | ― | ― | 41.01% |
* Basic Materials Sector Average
AU:MAG
Magmatic Resources Ltd.
0.03
-0.03
-55.00%
AU:TRM
Truscott Mining Corporation Ltd
0.05
>-0.01
-4.00%
AU:MDI
Middle Island Resources Limited
0.02
>-0.01
-15.79%
AU:KAL
Kalgoorlie Gold Mining Limited
0.03
-0.01
-25.00%
AU:NSM
North Stawell Minerals, Ltd.
0.02
-0.02
-40.54%
AU:FG1
Flynn Gold Ltd.
0.02
>-0.01
-33.33%
Magmatic Resources Ltd. Corporate Events
Magmatic Resources to Release 35 Million Shares From Voluntary Escrow
Jun 22, 2026
Magmatic Resources has announced that 25,200,000 fully paid ordinary shares and 9,800,000 performance shares will be released from voluntary escrow on 30 June 2026. The holding locks on these securities, which had previously been granted quotation...
Magmatic completes Phase 3 drilling at Weebo Gold Project
Jun 17, 2026
Magmatic Resources has completed its Phase 3 drill program at the Weebo Gold Project in Western Australia’s Eastern Goldfields, comprising 2,112 metres of reverse circulation drilling and 4,461 metres of air core drilling. The campaign was d...
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...
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.