MAG.AX
Price:
$0.058
Market Cap:
$27.43M
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.
Industry
Gold
IPO Date
2017-05-19
Stock Exchange
ASX
Ticker
MAG.AX
According to Magmatic Resources Limited’s latest financial reports and current stock price. The company's current ROE is -29.25%. This represents a change of -5.79% compared to the average of -31.05% of the last 4 quarters.
The mean historical ROE of Magmatic Resources Limited over the last ten years is -65.73%. The current -29.25% ROE has changed -55.50% with respect to the historical average. Over the past ten years (40 quarters), MAG.AX's ROE was at its highest in in the December 2020 quarter at 72.26%. The ROE was at its lowest in in the June 2019 quarter at -102.99%.
Average
-65.73%
Median
-59.57%
Minimum
-172.56%
Maximum
54.43%
Discovering the peaks and valleys of Magmatic Resources Limited ROE, 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 = 284.77%
Maximum Annual ROE = 54.43%
Minimum Annual Increase = -383.85%
Minimum Annual ROE = -172.56%
| Year | ROE | Change |
|---|---|---|
| 2025 | -29.05% | -20.08% |
| 2024 | -36.35% | -78.94% |
| 2023 | -172.56% | 284.77% |
| 2022 | -44.85% | -383.85% |
| 2021 | 15.80% | -121.27% |
| 2020 | -74.28% | -55.41% |
| 2019 | -166.61% | 45.01% |
| 2018 | -114.89% | 29.14% |
| 2017 | -88.97% | -263.47% |
| 2016 | 54.43% | -41.07% |
The current ROE of Magmatic Resources Limited (MAG.AX) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
-79.32%
5-year avg
-53.40%
10-year avg
-65.73%
Magmatic Resources Limited’s ROE is greater than Kalgoorlie Gold Mining Limited (-11.86%), greater than Siren Gold Limited (-59.50%), greater than Kingsrose Mining Limited (-9.01%), less than Gateway Mining Limited (7.81%), greater than Odyssey Gold Limited (-19.84%), greater than AuMEGA Metals Ltd (-4.90%), greater than Hawthorn Resources Limited (-3.66%), greater than Alicanto Minerals Limited (-18.64%), greater than QMines Limited (-12.46%), greater than Adelong Gold Limited (-26.08%),
| Company | ROE | Market cap |
|---|---|---|
| -11.86% | $25.67M | |
| -59.50% | $26.45M | |
| -9.01% | $31.65M | |
| 7.81% | $29.27M | |
| -19.84% | $34.75M | |
| -4.90% | $21.39M | |
| -3.66% | $28.48M | |
| -18.64% | $46.67M | |
| -12.46% | $33.19M | |
| -26.08% | $25.67M |
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