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1 Comment
Magmatic Resources Limited is currently in a long term downtrend where the price is trading 16.1% 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.
Magmatic Resources Limited's total revenue rose by 5467.9% to $6M since the same quarter in the previous year.
Its net income has increased by 268.5% to $4M since the same quarter in the previous year.
Finally, its free cash flow fell by 24.7% to $-936K since the same quarter in the previous year.
Based on the above factors, Magmatic Resources Limited gets an overall score of 3/5.
Sector | Basic Materials |
---|---|
Industry | Gold |
Exchange | AU |
CurrencyCode | AUD |
ISIN | AU000000MAG5 |
Market Cap | 17M |
---|---|
PE Ratio | None |
Target Price | None |
Beta | 0.43 |
Dividend Yield | None |
Magmatic Resources Limited engages in the development and exploration of mineral properties in Australia. The company explores for gold and copper deposits. Magmatic Resources Limited 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 Orange, Australia.
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