Magmatic Resources Ltd. (AU:MAG)
ASX:MAG
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Magmatic Resources Ltd.
(Sydney:MAG)
Select Model
Select Model
Rating:43Neutral
Price Target:
AU$0.03
▼(-40.00% Downside)
Action:ReiteratedDate:03/08/26
The score is primarily driven down by weak financial quality—ongoing losses, negative ROE, and negative operating cash flow—despite strong reported revenue growth and low leverage. Technicals also remain bearish with the price below key moving averages and a negative MACD, while valuation is hard to support due to negative earnings and no dividend yield provided.
Positive Factors
Revenue Growth
A 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.
Negative Factors
Persistent Losses
Continued 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.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
A 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.
Read all positive factors
Magmatic Resources Ltd. (MAG) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$15.57M
Dividend YieldN/A
Average Volume (3M)685.42K
Price to Earnings (P/E)―
Beta (1Y)0.65
Revenue GrowthN/A
EPS Growth47.47%
CountryAU
EmployeesN/A
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 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...
How the Company Makes Money
Magmatic Resources Ltd. does not typically generate recurring operating revenue in the way a producer or services business does. Its economic model is primarily driven by mineral exploration value creation and capital markets funding. The company ...
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
0.04
Negative
0.05
Negative
0.05
Negative
Market Momentum
>-0.01
Positive
11.45
Positive
-10.00
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 0.04, and below the 200-day MA of 0.05, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 11.45 is Positive, neither overbought nor oversold. The STOCH value of -10.00 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% | |
46 Neutral | AU$36.12M | 3.40 | 7.66% | ― | 400.00% | 21.71% | |
45 Neutral | AU$43.80M | -3.39 | -35.89% | ― | ― | -4.00% | |
44 Neutral | AU$27.32M | -1.26 | -18.70% | ― | ― | 9.01% | |
43 Neutral | AU$15.57M | -2.85 | -44.43% | ― | ― | 47.47% | |
43 Neutral | AU$13.76M | -17.16 | -7.27% | ― | ― | -791.67% | |
42 Neutral | AU$41.17M | -1.91 | -342.09% | ― | ― | 40.17% |
* Basic Materials Sector Average
AU:MAG
Magmatic Resources Ltd.
0.03
-0.02
-38.00%
AU:ODY
Odyssey Gold Limited
0.03
<0.01
40.91%
AU:ICL
Iceni Gold Ltd.
0.04
-0.03
-42.86%
AU:IR1
Iris Metals Limited
0.11
-0.13
-54.17%
AU:WGR
Western Gold Resources Ltd.
0.14
0.08
133.33%
AU:KZR
Kalamazoo Resources Ltd.
0.12
0.04
43.75%
Magmatic Resources Ltd. Corporate Events
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...
Magmatic Resources Releases Half-Year Financial Report for December 2025
Mar 12, 2026
Magmatic Resources Limited has released its half-year financial report for the period ended 31 December 2025, outlining its interim financial performance and position. The report provides investors with updated information on profit or loss, cash ...
Magmatic Resources Announces Change to Company Secretarial Role
Feb 6, 2026
Magmatic Resources Limited has announced that joint company secretary Anthea Acomb has stepped down from her role to take maternity leave. The company said that Andrea Betti will continue as sole company secretary and will remain responsible for a...
Magmatic Resources Grants 1 Million Unlisted Options Under Employee Incentive Scheme
Jan 30, 2026
Magmatic Resources Ltd has issued 1 million unlisted options under an employee incentive scheme, exercisable at A$0.1292 and expiring on 30 January 2028, with the options not intended to be quoted on the ASX. The move modestly increases the compan...
Magmatic Resources Revises Number of Options in Proposed Securities Issue
Jan 29, 2026
Magmatic Resources Limited has updated its previously announced proposed issue of securities, lodging a revised Appendix 3B with the ASX on 29 January 2026. The update specifically reflects a change to the number of options proposed to be issued u...
Magmatic Resources Confirms Shallow Gold Mineralisation at Weebo Project
Jan 27, 2026
Magmatic Resources has reported encouraging results from its Phase 2 reverse circulation drilling at the Weebo Gold Project, confirming shallow gold mineralisation along the 5km Ockerburry Trend and the 800m Scone Stone trend. Significant intercep...
Magmatic Resources Plans Issue of 1.75 Million Options in New Placement
Jan 15, 2026
Magmatic Resources Limited has announced a proposed issue of 1,750,000 new options, exercisable at $0.1292 and expiring two years from the date of issue, as part of a placement or similar capital-raising transaction, with the issue expected to occ...
Magmatic Resources Options Lapse, Trimming Potential Future Dilution
Jan 1, 2026
Magmatic Resources Ltd. has confirmed the expiry of a series of unexercised options listed on the ASX under the code MAGAP, each exercisable at $0.144 and due to expire on 31 December 2025. A total of 5.5 million of these options have now lapsed w...
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.