Magellan Aerospace Corporation (MALJF)

OTCMKTS · Delayed Price · Currency is USD
12.27
+0.10 (0.86%)
May 28, 2025, 2:33 PM EDT
104.77%
Market Cap 695.31M
Revenue (ttm) 673.48M
Net Income (ttm) 27.83M
Shares Out n/a
EPS (ttm) 0.49
PE Ratio 24.98
Forward PE 15.90
Dividend 0.07 (0.59%)
Ex-Dividend Date Mar 19, 2025
Volume 504
Average Volume 1,246
Open 12.27
Previous Close 12.17
Day's Range 12.27 - 12.27
52-Week Range 5.84 - 12.27
Beta 0.49
RSI 78.48
Earnings Date May 2, 2025

About Magellan Aerospace

Magellan Aerospace Corporation, through its subsidiaries, engineers and manufactures aeroengine and aerostructure components for aerospace markets in Canada, the United States, and Europe. The company offers aero engine products, such as laser welded honeycomb and filament wound tubes, frames, compressor components, bypass ducts, hot section components, and aeroengine and helicopter drive shafts, as well as other flight safety critical machined components, including discs, seals, and spacers; and aerostructures comprising landing gear systems, ... [Read more]

Sector Industrials
Founded 1996
Employees 3,815
Stock Exchange OTCMKTS
Ticker Symbol MALJF
Full Company Profile

Financial Performance

In 2024, Magellan Aerospace's revenue was 942.37 million, an increase of 7.13% compared to the previous year's 879.62 million. Earnings were 35.49 million, an increase of 283.76%.

Financial numbers in CAD Financial Statements

News

Magellan Aerospace Corporation Announces Financial Results

TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation (“Magellan” or the “Corporation”) released its financial results for the first quarter of 2025. All amounts are expressed in Canadian dollars u...

19 days ago - Business Wire

Magellan Aerospace Announces Report on Voting Results for Directors

MISSISSAUGA, Ontario--(BUSINESS WIRE)--Magellan Aerospace Corporation (the "Corporation") announces that today at the annual meeting of shareholders of the Corporation (the “Meeting”) the proposed nom...

22 days ago - Business Wire

Magellan Aerospace Announces Quarterly Dividend

TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation ("Magellan Aerospace") (TSX: MAL) announced today that its Board of Directors declared a quarterly cash dividend of $0.05 (five cents) per shar...

22 days ago - Business Wire

Magellan Aerospace Signs Long-Term Agreements With Pratt & Whitney Canada

TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation (“Magellan”) announced today the signing of important agreements (LTAs) with Pratt & Whitney Canada. Pratt & Whitney is an RTX business. These ...

4 weeks ago - Business Wire

Parts supplier sues Magellan Aerospace in Winnipeg for $1.5M, claiming invoices unpaid

A company that makes components for military aircraft in Winnipeg is being sued for more than $1.5 million by a supplier that claims it hasn't been paid for parts it supplied.

5 weeks ago - CBC News

Magellan Aerospace (MAL) Upgraded to Strong Buy Amid Record Order Backlog

Magellan Aerospace (MAL) Upgraded to Strong Buy Amid Record Order Backlog

2 months ago - GuruFocus

Magellan Aerospace Upgraded To Strong Buy On Aerospace Growth

Magellan Aerospace's stock price surged 38% since my December buy rating, outperforming the S&P 500's 2.6% increase, prompting a price target upgrade. Despite limited program details, Magellan's expos...

2 months ago - Seeking Alpha

Magellan Aerospace reports Q4 results

2 months ago - Seeking Alpha

Magellan Aerospace Corporation Announces Financial Results

TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation (“Magellan” or the “Corporation”) released its financial results for the fourth quarter of 2024. All amounts are expressed in Canadian dollars ...

2 months ago - Business Wire

Magellan Aerospace Announces Quarterly Dividend

TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation ("Magellan Aerospace") (TSX: MAL) announced today that its Board of Directors declared a quarterly cash dividend of $0.025 (two and one-half ce...

2 months ago - Business Wire

Magellan Aerospace Partners With Aequs Private Limited to Explore Setting Up a Sand Casting Facility in India

TORONTO & BELAGAVI, India--(BUSINESS WIRE)--Magellan Aerospace Corporation (“Magellan”) announced the signing of a Memorandum of Understanding (MOU) today with Aequs Private Limited (“Aequs”) to explo...

2 months ago - Business Wire

Magellan Aerospace Corporation Announces Financial Results

TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation (“Magellan” or the “Corporation”) released its financial results for the third quarter of 2024. All amounts are expressed in Canadian dollars u...

7 months ago - Business Wire

Magellan Aerospace Announces Quarterly Dividend

TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation ("Magellan Aerospace") (TSX: MAL) announced today that its Board of Directors declared a quarterly cash dividend of $0.025 (two and one-half ce...

7 months ago - Business Wire

Microsatellite Project to Monitor Objects in Space Over Canada, South Pole

TORONTO — An exciting new satellite project to monitor and protect the Earth’s orbital environment is underway. University of Manitoba (UM) and Magellan Aerospace (Magellan), in collaboration with Can...

8 months ago - Financial Post

Magellan Aerospace: A Strong Stock To Buy On Aerospace Growth

Magellan Aerospace offers strong growth potential in the aerospace industry, backed by key programs with Boeing and Airbus. Learn more on MALJF stock here.

9 months ago - Seeking Alpha

Magellan Aerospace Corporation Announces Financial Results

TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation (“Magellan” or the “Corporation”) released its financial results for the second quarter of 2024. All amounts are expressed in Canadian dollars ...

10 months ago - Business Wire

Magellan Aerospace Announces Quarterly Dividend

TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation ("Magellan Aerospace") (TSX: MAL) announced today that its Board of Directors declared a quarterly cash dividend of $0.025 (two and one-half ce...

10 months ago - Business Wire

Magellan Aerospace Partners With Aequs to Explore Setting up India Based Engine MRO Business

FARNBOROUGH, England--(BUSINESS WIRE)--Magellan Aerospace Corporation (“Magellan”) announced today the signing of a Memorandum of Understanding (MOU) with Aequs Private Limited (“Aequs”) to explore th...

10 months ago - Business Wire

Magellan Aerospace Announces Renewal of Normal Course Issuer Bid

MISSISSAUGA, Ontario--(BUSINESS WIRE)--Magellan Aerospace Corporation (“Magellan or Corporation") (TSX: MAL) announced today that the Toronto Stock Exchange has accepted notice filed by Magellan to ma...

1 year ago - Business Wire

Magellan Aerospace Signs Agreement With Peraton to Support NASA Sounding Rocket Program

TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation (“Magellan”) announced today that it would provide Black Brant vehicles and hardware to Peraton in support of the NASA Sounding Rocket Program....

1 year ago - Business Wire

Magellan Aerospace Announces Report on Voting Results for Directors

MISSISSAUGA, Ontario--(BUSINESS WIRE)--Magellan Aerospace Corporation (the "Corporation") announces that today at the annual meeting of shareholders of the Corporation (the “Meeting”) the proposed nom...

1 year ago - Business Wire

Magellan Aerospace Awarded Multi-Year Contract for Airbus Single Aisle Aircraft Components

TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation (“Magellan”) announced today an agreement between Magellan Aerospace (UK) Limited and Airbus to continue to supply major structural wing compon...

1 year ago - Business Wire