Magna Mining Inc.

Magna Mining Inc.verified

MGMNF

Price:

$1.6045

Market Cap:

$444.01M

Magna Mining Inc. is a Canadian enterprise dedicated to the acquisition, exploration, and development of mineral assets. The company primarily seeks deposits containing nickel, copper, and platinum group metals. Its flagship property, the 100% owned Shakespeare Mine, spans an extensive 18,178 hectares near Sudbury, Canada, and includes 29 patented, three leased, and 787 mining claims. Founded in 2016, Magna Mining Inc. maintains its headquarters in Dowling, Canada.

Industry

Industrial Materials

IPO Date

2022-11-11

Stock Exchange

OTC

Ticker

MGMNF

The ROE as of June 2026 (TTM) for Magna Mining Inc. (MGMNF) is -54.38%

According to Magna Mining Inc.’s latest financial reports and current stock price. The company's current ROE is -54.38%. This represents a change of 297.78% compared to the average of -13.67% of the last 4 quarters.

Magna Mining Inc. (MGMNF) Historical ROE (quarterly & annually)

How has MGMNF ROE performed in the past?

The mean historical ROE of Magna Mining Inc. over the last ten years is -159.50%. The current -54.38% ROE has changed -65.91% with respect to the historical average. Over the past ten years (40 quarters), MGMNF's ROE was at its highest in in the September 2020 quarter at 121.88%. The ROE was at its lowest in in the December 2022 quarter at -711.78%.

Quarterly (TTM)
Annual

Average

-159.50%

Median

-113.44%

Minimum

-838.79%

Maximum

207.10%

Magna Mining Inc. (MGMNF) ROE by Quarter and Year

Discovering the peaks and valleys of Magna Mining Inc. 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 = 488.86%

Maximum Annual ROE = 207.10%

Minimum Annual Increase = -206.42%

Minimum Annual ROE = -838.79%

Quarterly (TTM)
Annual
YearROEChange
2025-17.21%-62.92%
2024-46.42%-65.46%
2023-134.41%-83.98%
2022-838.79%488.86%
2021-142.44%54.05%
2020-92.46%-206.42%
202086.89%-58.05%
2019207.10%-188.42%
2018-234.23%-38.85%
2017-383.03%259.07%

Magna Mining Inc. (MGMNF) Average ROE

How has MGMNF ROE performed in the past?

The current ROE 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

-66.02%

5-year avg

-235.86%

10-year avg

-159.50%

Magna Mining Inc. (MGMNF) ROE vs. Peers

How is MGMNF’s ROE compared to its peers?

Magna Mining Inc.’s ROE is greater than NorthIsle Copper and Gold Inc. (-30.68%), greater than Titan Mining Corporation (-174.98%), less than Metro Mining Limited (81.38%), less than Worry Free Holdings Company (-0.24%), greater than Troilus Gold Corp. (-85.35%), greater than Belmont Resources Inc. (-27.52%), less than Erdene Resource Development Corporation (1.72%), less than CITIC Resources Holdings Limited (2.08%), less than Entrée Resources Ltd. (16.43%), greater than Arafura Rare Earths Limited (-3.17%),

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