Magnum Mining and Exploration Limited (AU:MGU)
ASX:MGU
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Magnum Mining and Exploration Limited
(Sydney:MGU)
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Rating:44Neutral
Price Target:
AU$0.01
â–²(0.00% Upside)
Action:UpgradedDate:12/30/25
The score is primarily constrained by weak financial performance—persistent losses and sustained negative operating/free cash flow—despite the benefit of a low-debt balance sheet. With limited technical data and an unhelpful valuation signal (negative P/E with no dividend information), there are few offsets to the fundamental cash-burn risk.
Positive Factors
Low Debt Levels
A low-debt balance sheet enhances financial stability, reducing the risk of financial distress and providing flexibility for future investments.
Negative Factors
Consistent Negative Cash Flow
Persistent negative cash flow indicates ongoing cash burn, necessitating external funding and potentially limiting self-sustained growth.
Read all positive and negative factors
Positive Factors
Negative Factors
Low Debt Levels
A low-debt balance sheet enhances financial stability, reducing the risk of financial distress and providing flexibility for future investments.
Read all positive factors
Magnum Mining and Exploration Limited (MGU) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$16.07M
Dividend YieldN/A
Average Volume (3M)15.57M
Price to Earnings (P/E)―
Beta (1Y)1.07
Revenue GrowthN/A
EPS Growth20.83%
CountryAU
Employees1
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding3,213,037,000
10 Day Avg. Volume14,384,809
30 Day Avg. Volume15,574,234
Financial Highlights & Ratios
PEG Ratio0.08
Price to Book (P/B)0.74
Price to Sales (P/S)63.74
P/FCF Ratio-3.08
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
Magnum Mining and Exploration Limited Business Overview & Revenue Model
Company Description
Magnum Mining and Exploration Limited engages in the exploration and evaluation of mineral properties. The company owns a 74% interest in the Gravelotte emerald project located in the Limpopo province of South Africa. It has an agreement to acquir...
How the Company Makes Money
Magnum Mining and Exploration Limited makes money through the exploration and development of mineral resource projects, particularly iron ore and other base metals. The company generates revenue by discovering, extracting, and selling these minera...
Magnum Mining and Exploration Limited Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
62
Positive
Cash Flow
22
Negative
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 114.28K | 5.78K | 33.65K | 29.00 | 2.15K |
| Gross Profit | -377.00 | 114.28K | 5.78K | 165.16K | 29.00 | 1.56K |
| EBITDA | -1.65M | -1.90M | -3.19M | -3.89M | -5.75M | -450.68K |
| Net Income | -1.84M | -1.98M | -3.31M | -4.89M | -8.24M | -718.64K |
Balance Sheet | ||||||
| Total Assets | 13.60M | 10.75M | 12.55M | 12.57M | 10.38M | 2.65M |
| Cash, Cash Equivalents and Short-Term Investments | 1.04M | 405.26K | 2.64M | 5.01M | 4.42M | 368.00K |
| Total Debt | 0.00 | 0.00 | 287.05K | 751.53K | 0.00 | 163.19K |
| Total Liabilities | 2.17M | 910.00K | 868.98K | 1.25M | 596.30K | 363.79K |
| Stockholders Equity | 11.43M | 9.84M | 11.68M | 11.32M | 10.26M | 2.67M |
Cash Flow | ||||||
| Free Cash Flow | -1.13M | -2.37M | -5.18M | -4.83M | -5.21M | -559.61K |
| Operating Cash Flow | -604.02K | -1.83M | -3.22M | -3.21M | -1.93M | -557.19K |
| Investing Cash Flow | -369.37K | -500.48K | -1.95M | -1.81M | -3.34M | -27.42K |
| Financing Cash Flow | 1.05M | 0.00 | 2.78M | 5.84M | 9.60M | 636.05K |
Magnum Mining and Exploration Limited 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% | |
54 Neutral | AU$75.22M | -10.12 | -3.73% | ― | ― | 86.51% | |
53 Neutral | AU$13.68M | 0.65 | 34.93% | ― | ― | -107.50% | |
47 Neutral | AU$15.00M | -8.89 | -5.47% | ― | ― | ― | |
44 Neutral | AU$16.07M | -1.25 | -17.27% | ― | ― | 20.83% | |
44 Neutral | AU$8.23M | 0.23 | 108.54% | ― | ― | -474.07% | |
43 Neutral | AU$35.38M | -2.08 | -112.37% | ― | ― | 24.25% |
* Basic Materials Sector Average
AU:MGU
Magnum Mining and Exploration Limited
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Magnum Mining and Exploration Limited Corporate Events
Magnum Mining Seeks ASX Quotation for 630 Million New Options
Jan 14, 2026
Magnum Mining and Exploration Limited has applied to the ASX for quotation of a new class of options, totaling 630,249,996 securities, to be issued on 15 January 2026. The options are linked to a previous Appendix 3B lodged on 13 October 2025, wit...
Magnum Mining Options Register Shows Highly Concentrated Ownership
Jan 14, 2026
Magnum Mining and Exploration Limited has reported the current distribution of its 2026 listed options, showing a tightly held register dominated by larger holders. As of 13 January 2026, 205 holders collectively own 630,170,378 options in the 100...
Magnum Mining and Exploration Reveals Concentration of 2026 Option Holdings
Jan 14, 2026
Magnum Mining and Exploration Limited has released an updated register of its 2026 new listed options, showing the distribution of holdings among major institutional and private investors. The top 20 option holders collectively control 53.27% of t...
Magnum Mining and Exploration Launches Large-Scale Options Prospectus to Support Capital Management
Jan 13, 2026
Magnum Mining and Exploration Limited has released an options prospectus outlining a series of offers to issue up to 630.25 million options, all exercisable at $0.015 and expiring three years from their date of issue, to participants in a recent p...
Magnum Ramps Up Rare Earth Drilling at Brazilian Palmares and Azimuth Projects
Jan 5, 2026
Magnum Mining and Exploration has resumed drilling at its Palmares and Azimuth rare earth projects in Brazil following a planned shutdown, reporting that both programs remain under budget and are ramping up in early 2026. At the Feirinha prospect ...
Magnum Completes Ultra-High Resolution Survey Over Arizona Copper-Gold Projects
Dec 29, 2025
Magnum Mining and Exploration has completed an ultra‑high resolution helicopter-based aeromagnetic and radiometric survey over its Parker Gold and La Cienega copper‑gold projects in Arizona, generating far more detailed subsurface data...
Magnum Mining & Exploration Grants 25 Million Performance Rights to Director-Linked Entity
Dec 29, 2025
Magnum Mining Exploration Limited has disclosed a change in director Michael Davy’s interests, with his associated entity Davy Corp Pty Ltd receiving 25 million performance rights. The non-cash issuance, valued at approximately $127,733 eff...
Magnum Mining & Exploration Grants 25 Million Performance Rights to Director-Linked Entity
Dec 29, 2025
Magnum Mining Exploration Limited has disclosed a change in director Leslie Pereira’s relevant interests, with 25 million performance rights issued indirectly to his related entity Nannook Holdings Pty Ltd under the company’s Board Pe...
Magnum Mining & Exploration Grants Performance Rights to Director-Related Entity
Dec 29, 2025
Magnum Mining Exploration Limited has disclosed a change in director Athan Lekkas’s interests, with his related entity Berlurly Mining Pty Ltd receiving 25,000,000 performance rights. The non-cash securities were issued under the company...
Magnum Mining and Exploration Issues 75 Million Unquoted Performance Rights
Dec 24, 2025
Magnum Mining and Exploration Limited has notified the market that it has issued 75 million unquoted performance rights, a new class of unlisted equity securities, under its ASX code MGU. The issuance of these performance rights, which are not int...
Magnum Mining & Exploration Raises A$3.1m via Share Placement
Dec 24, 2025
Magnum Mining Exploration Limited has raised approximately A$3.1 million through the issue of 388.9 million new fully paid ordinary shares at A$0.008 per share under a shareholder-approved placement, with the securities issued without a prospectu...
Magnum Mining and Exploration Seeks Quotation for 389 Million New Shares
Dec 24, 2025
Magnum Mining and Exploration Limited has applied to the ASX for quotation of 388,910,053 ordinary fully paid shares, with an issue date of 24 December 2025. The sizeable issuance, arising from previously flagged transactions, will expand the comp...
Magnum Mining Shareholders Back Capital Raisings, Director Incentives at General Meeting
Dec 22, 2025
Magnum Mining and Exploration Limited has confirmed that all resolutions put to shareholders at its 22 December 2025 general meeting were passed without amendment. The approvals cover the ratification of prior share placements, the issuance of fur...
Magnum Mining Advances Exploration with New Geophysical Surveys in Arizona
Dec 16, 2025
Magnum Mining and Exploration Limited has commissioned high-resolution airborne geophysical surveys for its Parker and La Cienega projects in Arizona, which are strategically located in a region known for multimillion-ounce gold deposits. This mov...
Magnum Acquires Promising U.S. Rare Earth Project with High-Grade Assays
Dec 11, 2025
Magnum Mining and Exploration Limited has acquired the Wet Mountains Rare Earth Element Project in Colorado, U.S., through a binding term sheet with Wyoming Critical Minerals, Inc. The project boasts historical assays of up to 7.99% Total Rare Ear...
Magnum Mining and Exploration Schedules General Meeting for Shareholder Vote
Nov 20, 2025
Magnum Mining and Exploration Limited has announced a General Meeting of Shareholders to be held on December 22, 2025, in West Perth, WA. The meeting will address the ratification of the prior issue of 74,735,471 Additional Placement Shares under ...
Magnum Mining Advances REE Projects and Plans U.S. Processing Hub
Oct 29, 2025
Magnum Mining Exploration Limited reported significant progress in their rare earth element projects, including successful leach testing at the Feirinha Prospect and advanced drilling preparations at the Azimuth 125 and Palmares Projects. The com...
Magnum Mining Advances Critical Mineral Projects for U.S. Defense
Oct 23, 2025
Magnum Mining and Exploration Limited has released a corporate strategy presentation highlighting its efforts to secure critical materials for U.S. defense and industry. The company is advancing its projects in rare earths and other strategic mine...
Magnum Mining & Exploration Raises $3.89 Million Through Share Placement
Oct 20, 2025
Magnum Mining Exploration Limited announced the issuance of 486,089,947 new shares to raise approximately $3.89 million, as part of a placement strategy. The company is actively seeking new commercial opportunities to complement its existing proj...
Magnum Mining Announces Quotation of New Securities on ASX
Oct 20, 2025
Magnum Mining and Exploration Limited announced the quotation of 486,089,947 ordinary fully paid securities on the Australian Securities Exchange (ASX), as part of a previously announced transaction. This move is expected to enhance the company...
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.