Magmatic Resources Share Price and Company Fundamentals



Price
$0.13
Change
0.000 (0.000%)
52 week
0.052 - 0.22

Last traded: Today at 5:10 AM

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 East Lachlan region, New South Wales. The company was incorporated in 2016 and is headquartered in Nedlands, Australia.

Key Metrics

PE ratio

-

PB ratio

5.26

Dividend yield

0.00%

Beta

0.78

Market cap

-

Enterprise value

-

Company profile

Primary activitiesGold and copper exploration.
Industry / SectorGold / Basic Materials
Websitehttps://magmaticresources.com
Mailing address55 Hampden Road Suite 7 Nedlands WA 6009 Australia
Phone / Fax61 8 9322 6009 /
Share registryCOMPUTERSHARE INVESTOR SERVICES PTY LIMITED

Dividends

More: Magmatic Resources Dividend history, yield and payout ratio

Dividend yield

0.00%

Dividend amount

$0.00

Payout ratio

0.00%

Magmatic Resources paid $0.00 dividend and the ex-dividend date was .The dividend payout ratio is 0.00%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.MAG dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

MAG's forward dividend amount is $ and the forward dividend yield is . A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Oct 2022, following are the company executives and directors listed on Magmatic Resources.

NameTitleAgeTotal Pay
Mr. David John Richardson B.Com., B, comm; MBAExec. Chairman248.3k
Dr. Adam R. McKinnon B.Sc., Ph.D.MD & Director366.96k
Mr. Michael FranklinChief Financial Officer107.5k
Mr. David Wallace Berrie B.Juris, L.L.B., LLBJoint Company Sec. & Non-Exec. Director5999k
Mr. Steven Oxenburgh M.Sc.Exploration Mang.
Ms. Andrea S. Betti AGIA, B.Com., C.A., M.B.A.Joint Company Sec.

Profitability and management effectiveness

Profit margin

0.00%

Operating margin

-5,200.13%

Return on assets

-24.15%

Return on equity

-42.37%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Magmatic Resources is and its enterprise value is .

The MAG's stocks Beta value is 0.78 making it 22% less volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Companies similar to Magmatic Resources (MAG)

Magmatic Resources (ASX:MAG) Frequently Asked Questions

1. What is Magmatic Resources's Stock Symbol?

Magmatic Resources trades on ASX under the ticker symbol "MAG".

2. What is Magmatic Resources's stock price today?

One share of MAG stock can currently be purchased for approximately $0.13.

3. How can I contact Magmatic Resources?

Magmatic Resources's mailing address is 55 Hampden Road Suite 7 Nedlands WA 6009 Australia. The company can be reached via phone at 61 8 9322 6009.

4. What is Magmatic Resources's official website?

The official website of Magmatic Resources is https://magmaticresources.com.

5. Which share registry manages Magmatic Resources's stock?

Magmatic Resources's stock is managed by COMPUTERSHARE INVESTOR SERVICES PTY LIMITED.