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1 Comment
MGX Minerals Inc is currently in a long term downtrend where the price is trading 12.7% below its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.0.
MGX Minerals Inc's total revenue sank by nan% to $0 since the same quarter in the previous year.
Its net income has dropped by 70.4% to $-1M since the same quarter in the previous year.
Finally, its free cash flow fell by 2971.6% to $-1M since the same quarter in the previous year.
Based on the above factors, MGX Minerals Inc gets an overall score of 1/5.
Exchange | F |
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CurrencyCode | EUR |
ISIN | CA55303L1013 |
Sector | |
Industry |
Target Price | None |
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Dividend Yield | 0.0% |
Beta | 28.3 |
Market Cap | 6M |
PE Ratio | None |
MGX Minerals Inc. engages in the acquisition, exploration, and development of mineral resource properties and industrial technologies. The company operates and invests in mineral property portfolios, which consists of lithium, magnesium oxide, silca, niobium-tantulum, and gold properties located in Canada. It holds 100% interests in Fran Property located within the Omineca Mining District, British Columbia; Longworth Silica Property; Wonah mineral claims; Alberta Lithium property; and Gibraltar claims. The company also holds a 90% interest in Driftwood Property, as well as interests in Koot Silica Property; Sturgeon Lake Lithium Brine Property; Kibby Basin; and Heino-Money Gold deposit and Tillicum claims. In addition, it owns, operates, and sells water treatment systems to the oil and gas industry; and owns lithium extraction technology from brine, which eliminates the need for solar evaporation. The company was incorporated with 2012 and is headquartered in Vancouver, Canada.
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