MGMNF
Price:
$2.1
Market Cap:
$572.01M
Magna Mining Inc. engages in the acquisition, exploration, and development of mineral properties in Canada. The company primarily explores for nickel, copper, and platinum group metal deposits. Its flagship property is 100% owned the Shakespeare Mine consisting of 29 patented claims, three leased claims, and 787 mining claims covering an area of 18,178 hectares located in Sudbury, Canada. Magna Mining Inc. was founded in 2016 is based in Dowling, Canada.
Industry
Industrial Materials
IPO Date
2022-11-11
Stock Exchange
OTC
Ticker
MGMNF
According to Magna Mining Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 210.00. This represents a change of -2716.84% compared to the average of -8.02 of the last 4 quarters.
The mean historical PE Ratio of Magna Mining Inc. over the last ten years is -12.51. The current 210.00 PE Ratio has changed -167935.89% with respect to the historical average. Over the past ten years (40 quarters), MGMNF's PE Ratio was at its highest in in the March 2025 quarter at 2.65. The PE Ratio was at its lowest in in the June 2020 quarter at -154.50.
Average
-12.51
Median
-10.59
Minimum
-33.69
Maximum
-3.39
Discovering the peaks and valleys of Magna Mining Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 170.07%
Maximum Annual PE Ratio = -3.39
Minimum Annual Increase = -88.92%
Minimum Annual PE Ratio = -33.69
| Year | PE Ratio | Change |
|---|---|---|
| 2024 | -14.28 | 56.15% |
| 2023 | -9.14 | 170.07% |
| 2022 | -3.39 | -9.32% |
| 2021 | -3.73 | -88.92% |
| 2020 | -33.69 | 102.47% |
| 2020 | -16.64 | 59.72% |
| 2019 | -10.42 | 21.13% |
| 2018 | -8.60 | -40.61% |
| 2017 | -14.48 | 34.52% |
| 2016 | -10.76 | 50.53% |
The current PE Ratio of Magna Mining Inc. (MGMNF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
-8.93
5-year avg
-12.84
10-year avg
-12.51
Magna Mining Inc.’s PE Ratio is greater than NorthIsle Copper and Gold Inc. (-51.24), greater than Titan Mining Corporation (29.79), greater than Metro Mining Limited (3.11), greater than Worry Free Holdings Company (-17.91), greater than Troilus Gold Corp. (-18.90), greater than Belmont Resources Inc. (-6.38), greater than Erdene Resource Development Corporation (-219.14), greater than CITIC Resources Holdings Limited (8.36), greater than Entrée Resources Ltd. (-187.28), greater than Arafura Rare Earths Limited (-29.87),
| Company | PE Ratio | Market cap |
|---|---|---|
| -51.24 | $423.12M | |
| 29.79 | $216.23M | |
| 3.11 | $312.69M | |
| -17.91 | $3.00M | |
| -18.90 | $433.19M | |
| -6.38 | $2.83M | |
| -219.14 | $331.08M | |
| 8.36 | $396.82M | |
| -187.28 | $357.59M | |
| -29.87 | $449.06M |
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