Magnetic Resources NL (ASX:MAU)
Australia · Delayed Price · Currency is AUD | Market Cap | 576.14M +45.9% |
| Revenue (ttm) | 9.11K -98.4% |
| Net Income | -11.61M |
| EPS | -0.04 |
| Shares Out | 295.45M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 720,016 |
| Average Volume | 551,588 |
| Open | 1.940 |
| Previous Close | 1.950 |
| Day's Range | 1.910 - 1.940 |
| 52-Week Range | 1.140 - 2.100 |
| Beta | 0.10 |
| RSI | 52.17 |
| Earnings Date | Jun 5, 2026 |
About Magnetic Resources NL
Magnetic Resources NL explores mineral tenements in Western Australia. It primarily explores for gold, nickel, copper, platinum group element, and iron deposits. The company holds 100% interests in the Laverton region comprising Hawks Nest, Mt Jumbo, Hawks Nest East, Mt Ajax, Mt Jumbo East, Little Well, Kowtah, and Lady Julie projects covering an area of approximately 261 square kilometers; and the Benjabbering, Trayning, Goddard, and Korrelocking projects covering an area of approximately 322 square kilometers. It also holds interest in variou... [Read more]
Financial Performance
In fiscal year 2025, Magnetic Resources NL's revenue was 8,202, a decrease of -98.37% compared to the previous year's 502,973. Losses were -14.22 million, 15.2% more than in 2024.
Financial StatementsNews
Magnetic Resources NL Transcript: RIU Explorers Conference 2026
A takeover by Genesis at AUD 2 per share, with a 70% cash and 30% share split, was unanimously recommended, offering a significant premium and strong shareholder support. The Lady Julie North 4 deposit has grown to two million ounces, with further expansion and operational synergies expected.
Rinehart-backed Arafura Rare Earths, Magnetic Resources chase equity
Arafura has its joint lead managers, Barrenjoey Markets and Canaccord Genuity, offering new shares at 19¢ a piece.
Magnetic Resources NL Transcript: Diggers & Dealers Mining Forum 2025
A recently completed DFS confirms robust economics for a high-grade gold project, with a $970 million NPV, 45% IRR, and production targeted for mid-2027. Resource growth, strong bank interest, and ESG initiatives support a move to production.