Accessibility Menu
Magna Mining logo

Magna Mining(OTC) MGMNF

Market Cap$494.26MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (2022)+358%
5 YearN/A
1 Year+10%
1 Month+26%
$1.97
-2.33%
-0.05Today
Magna Mining last closing stock price
MetricPriceDate
Last closeUSD 1.972026-08-28
Magna Mining stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week+1.49%USD 1.942026-08-21
1 month+26.28%USD 1.562026-07-29
3 month+17.96%USD 1.672026-05-29
Year to date-7.25%USD 2.122025-12-31
1 year+10.21%USD 1.792025-08-28
3 year+343.49%USD 0.442023-08-29
Since inception+358.14%USD 0.432022-11-14

Magna Mining Financials at a Glance

Market Cap

$494.26MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

CA$97.70M

Net Income (TTM)

-CA$50.96M

EPS (TTM)

-$0.15

P/E Ratio

-12.74

Dividend

$0.00

Beta (Volatility)

0.00 (Low)

Price

$1.97

Volume

164,251

Open

$2.10

Previous Close

$1.97

Daily Range

$1.96 - $2.10

52-Week Range

$1.35 - $3.10

Estimated Earnings Date

Nov 10, 2026

MGMNF News

No articles available.

Motley Fool Moneyball Superscore

Our CEO Is Handing Members His Secret Weapon

It's called Motley Fool Moneyball, our new proprietary AI tool

We spent over half a million dollars in R&D to build a tool that makes stock research faster, sharper, and smarter. Our analysts use it every day, and now, you can too.

Get Access Now

About Magna Mining

Magna Mining Inc. is a Canadian company focused on the acquisition, exploration, and development of mineral assets, particularly nickel, copper, and platinum group metals. The flagship property, the Shakespeare Mine, spans 18,178 hectares near Sudbury, Canada, showcasing the company's commitment to resource development.

Products and Services
  • Exploration and development of mineral assets
  • Focus on nickel, copper, and platinum group metals
  • Flagship Shakespeare Mine with extensive mining claims
Growth Outlook
  • Recent revenue growth of 14.7% quarter-over-quarter
  • Strong cash position with CAD 40 million in cash and equivalents
  • Strategic focus on expanding mineral exploration in Canada
Financial Highlights
  • Latest quarterly revenue of CAD 29.74 million, up from CAD 25.91 million
  • Current ratio of 3.15 indicates strong liquidity
  • Net income for the latest quarter was CAD -8.22 million
Magna Mining Inc. has shown promising growth potential, particularly with its recent revenue increase and solid cash reserves. The company's focus on nickel and copper positions it well within the industrial materials sector, especially as demand for these metals continues to rise. The Shakespeare Mine, being a significant asset, provides a strong foundation for future exploration and development efforts. The current liquidity ratio suggests that the company is well-equipped to manage its short-term obligations, which is crucial for ongoing operations and potential expansion. Despite recent net losses, the upward trend in revenue indicates a positive trajectory that may attract investor interest.
AI Generated • Aug 23, 2026

Industry

Metals and Mining

Sector

Materials

CEO

Jason Jessup, MBA

Website

www.magnamining.com

Headquarters

Sudbury, ON P3E 5P4, CA

MGMNF Financials

Key Financial Metrics (TTM)

Gross Margin

-10.06%

Operating Margin

-38.27%

Net Income Margin

-60.75%

Return on Equity

-54.38%

Return on Capital

-28.99%

Return on Assets

-28.72%

Earnings Yield

-7.85%

Dividend Yield

0.00%

Payout Ratio

0.00%

Stock Overview

Market Cap

$494.26MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

250.89M

Volume

164.25K

Avg. Volume

117.34K

Financials (TTM)

Gross Profit

CA$5.27M

Operating Income

-CA$30.98M

EBITDA

-CA$34.57M

Operating Cash Flow

-CA$29.00M

Capital Expenditure

-CA$11.42M

Free Cash Flow

-CA$40.42M

Cash & ST Invst.

CA$40.03M

Total Debt

CA$16.71M

Magna Mining Performance Analysis

Magna Mining annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-12-31CAD 0N/A
20232023-12-31CAD 0N/A
20242024-12-31CAD 0N/A
20252025-12-31CAD 42,105,834N/A
Magna Mining sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-30-11.8%
Q42025-12-3158.3%
Q12026-03-310.6%
Q22026-06-3014.8%
Magna Mining annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-12-31CAD -0.20119.5%
20232023-12-31CAD -0.04-77.8%
20242024-12-31CAD -0.0755.1%
20252025-12-31CAD -0.06-18.7%
Magna Mining sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-30-1.0%
Q42025-12-31-137.6%
Q12026-03-3178.5%
Q22026-06-30-27.1%

Revenue Growth Rate

Annual and quarterly growth comparison

Currently no data to display.

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q2 2026YOY CHG

Revenue

CA$29.74M

+61.1%

Gross Profit

CA$253.11K

+114.0%

Gross Margin

0.85%

N/A

Market Cap

$494.26MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$70.61M

N/A

Employees

7

N/A

Net Income

-CA$8.22M

+13.5%

EBITDA

-CA$3.54M

+48.0%

Quarterly Fundamentals

Name
Q2 2026YOY CHG

Total Cash

CA$40.03M

+48.2%

Total Debt

CA$16.71M

+12.2%

Accounts Receivable

CA$31.44M

+75.9%

Inventory

CA$5.27M

-35.2%

Long Term Debt

CA$16.62M

+11.8%

Short Term Debt

CA$90.04K

+260.1%

Return on Assets

-28.72%

N/A

Return on Invested Capital

-20.95%

N/A

Free Cash Flow

CA$4.97M

+136.4%

Operating Cash Flow

CA$8.11M

+170.2%

Other Investments to Explore

People Also Watch

Symbol / CompanyPricePrice Chg
ERLFFEntrée Resources Ltd.
$1.76-2.00%
ERDCFErdene Resource Development Corporation
$4.73-4.83%
CHXMFTroilus Mining Corp
$1.69-1.17%
ARAFFArafura Rare Earths Limited
$0.16+0.00%

Trending Stocks

Symbol / CompanyPricePrice Chg
NVDANvidia
$217.55-0.05%
PCGPG&E
$16.60-0.08%
BITOProShares Trust - ProShares Bitcoin ETF
$10.45-0.03%
IRENIren
$35.45-0.13%

Questions About MGMNF

What is the current price of Magna Mining?

Magna Mining is trading at $1.97 per share.

What is the 52-week range for Magna Mining?

Over the past 52 weeks, Magna Mining has traded between $1.35 and $3.10.

How much debt does Magna Mining have?

As of the most recent reporting period, Magna Mining reported total debt of CA$11.77M.

How much cash does Magna Mining have on hand?

Magna Mining reported CA$28.20M in cash and cash equivalents in its most recent financial results.

What is Magna Mining’s dividend yield?

Magna Mining does not currently have a dividend yield.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.

View Premium Services