Magmatic Resources Share Price and Company Fundamentals



Price
$0.14
Change
0.005 (3.704%)
52 week
0.098 - 0.255

Last traded: Today at 12:55 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.

Key Metrics

PE ratio

12.73

PB ratio

4.52

Dividend yield

Beta

1.33

Market cap

$30.75M

Enterprise value

$22.09M

Company profile

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

Dividends

Magmatic Resources does not pay dividends.

Company Executives

As of Jul 2021, following are the company executives and directors listed on Magmatic Resources.

NameTitleAgeTotal Pay
Mr. David John Richardson B.Com., B, comm; MBAExec. Chairman234.47k
Mr. Peter Benjamin Duerden B.Sc.MD & Director283.1k
Mr. Michael FranklinChief Financial Officer100k
Mr. Steven OxenburghExploration Mang.
Ms. Andrea Betti AGIA, B.Com., C.A., M.B.A.Company Sec.

Profitability and management effectiveness

Profit margin

29.73%

Operating margin

-73.61%

Return on assets

-65.49%

Return on equity

47.41%

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 30.75M and its enterprise value is 22.09M. The enterprise value to revenue ratio of MAG is 3.54.

The MAG's stocks Beta value is 1.33 making it 33% 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)

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 $0.14.

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.