Magmatic Resources Share Price and Company Fundamentals
Last traded: Today at 5:57 AM
Magmatic Resources Limited engages in the exploration of mineral properties in Australia. It explores for gold, copper, nickel, cobalt, and base metal deposits. The company holds 100% interests in the Myall, the Moorefield, the Parkes, and the Wellington North projects located in the East Lachlan, New South Wales. It also holds interest in the Mt Venn project located in the east of Laverton in Western Australia; and the Yamarna Gold Project located in the Yamarna Greenstone Belt of Western Australia. The company was incorporated in 2016 and is headquartered in Nedlands, Australia.
|Primary activities||Gold and copper exploration.|
|Industry / Sector||Gold / Basic Materials|
|Mailing address||55 Hampden Road Suite 7 Nedlands WA 6009 Australia|
|Phone / Fax||61 8 9322 6009 /|
|Share registry||COMPUTERSHARE INVESTOR SERVICES PTY LIMITED|
Magmatic Resources does not pay dividends.
As of May 2021, following are the company executives and directors listed on Magmatic Resources.
|Mr. David John Richardson B.Com., B, comm; MBA||Exec. Chairman||234.47k|
|Mr. Peter Benjamin Duerden B.Sc.||MD & Director||283.1k|
|Mr. Michael Franklin||Chief Financial Officer||100k|
|Mr. Steven Oxenburgh||Exploration Mang.|
|Ms. Andrea Betti AGIA, B.Com., C.A., M.B.A.||Company Sec.|
Profitability and management effectiveness
Return on assets
Return on equity
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 41.29M and its enterprise value is 29.98M. The enterprise value to revenue ratio of MAG is 4.80.
The MAG's stocks Beta value is 1.24 making it 24% more 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)
- Adbri (ABC)
- Alumina (AWC)
- Amcor Plc (AMC)
- Bhp Group (BHP)
- Bluescope Steel (BSL)
- Boral (BLD)
- Brickworks (BKW)
- CSR (CSR)
- Evolution Mining (EVN)
- Fletcher Building (FBU)
- Fortescue Metals Group (FMG)
- Gold Road Resources (GOR)
- IGO (IGO)
- Iluka Resources (ILU)
- Incitec Pivot (IPL)
- James Hardie Industries Plc (JHX)
- Lynas Rare Earths (LYC)
- Mineral Resources (MIN)
- Newcrest Mining (NCM)
- Northern Star Resources (NST)
- Nufarm (NUF)
- Orica (ORI)
- Orocobre (ORE)
- Orora (ORA)
- Oz Minerals (OZL)
- Perenti Global (PRN)
- Pilbara Minerals (PLS)
- Regis Resources (RRL)
- Resolute Mining (RSG)
- Rio Tinto (RIO)
- Sandfire Resources (SFR)
- Silver Lake Resources (SLR)
- Sims (SGM)
- South32 (S32)
- St Barbara (SBM)
- Western Areas (WSA)
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 $0.19.
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 http://magmaticresources.com.
5. Which share registry manages Magmatic Resources's stock?
Magmatic Resources's stock is managed by COMPUTERSHARE INVESTOR SERVICES PTY LIMITED.