Magna Mining Inc. (MGMNF)

OTCMKTS · Delayed Price · Currency is USD
0.975
-0.015 (-1.50%)
Dec 24, 2024, 4:00 PM EST
152.45%
Market Cap 189.26M
Revenue (ttm) n/a
Net Income (ttm) -10.48M
Shares Out n/a
EPS (ttm) -0.06
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 8,306
Open 0.991
Previous Close 0.990
Day's Range 0.975 - 0.992
52-Week Range 0.282 - 1.210
Beta 2.29
Analysts n/a
Price Target n/a
Earnings Date Apr 25, 2025

About Magna Mining

Magna Mining Inc. engages in the acquisition, exploration, and development of mineral properties in Canada. The company primarily explores for nickel, copper, and platinum group metal deposits. Its flagship property is the Shakespeare Mine located in Sudbury, Canada. Magna Mining Inc. was founded in 2016 and is headquartered in Sudbury, Canada. [Read more]

Industry Industrial Materials
Sector Materials
Founded 2016
Country Canada
Stock Exchange OTCMKTS
Ticker Symbol MGMNF
Full Company Profile

Financial Performance

Financial numbers in CAD Financial Statements

News

Magna Mining Acquires Additional Critical Mineral Exploration Assets in the Sudbury Basin Mining District

Sudbury, Ontario--(Newsfile Corp. - December 18, 2024) - Magna Mining Inc. (TSXV: NICU) (OTCQB: MGMNF) (FSE: 8YD) ("Magna" or the "Company") is pleased to announce that it has entered into a definitiv...

8 days ago - Newsfile Corp

Magna Mining Closes $21.85 Million Private Placement of Common Shares

Sudbury, Ontario--(Newsfile Corp. - November 4, 2024) - Magna Mining Inc. (TSXV: NICU) (the "Corporation") is pleased to announce that it has closed its previously announced "best efforts" private pla...

7 weeks ago - Newsfile Corp

Magna Mining Discovers New Copper Zone at the Shakespeare Project

First Drillhole on the SW Copper Showing Intersects 2.3% Cu Over 13.9 Metres Sudbury, Ontario--(Newsfile Corp. - November 4, 2024) - Magna Mining Inc. (TSXV: NICU) (OTCQB: MGMNF) (FSE: 8YD) ("Magna" o...

7 weeks ago - Newsfile Corp

Magna Mining Files Updated Preliminary Economic Assessment for the Crean Hill Project

Sudbury, Ontario--(Newsfile Corp. - November 1, 2024) - Magna Mining Inc. (TSXV: NICU) (OTCQB: MGMNF) (FSE: 8YD) (the "Company" or "Magna") is pleased to announce that further to its news release date...

7 weeks ago - Newsfile Corp

Magna Mining Files Technical Report for the McCreedy West Copper-Nickel Mine

Sudbury, Ontario--(Newsfile Corp. - October 29, 2024) - Magna Mining Inc. (TSXV: NICU) (OTCQB: MGMNF) (FSE: 8YD) (the "Company" or "Magna") is pleased to announce that further to its news release date...

2 months ago - Newsfile Corp

Magna Mining Announces Grant of Stock Options

Sudbury, Ontario--(Newsfile Corp. - October 21, 2024) - Magna Mining Inc. (TSXV: NICU) (OTCQB: MGMNF) (FSE: 8YD) (the "Company" or "Magna") announces that on October 17th, 2024, it granted a total 250...

2 months ago - Newsfile Corp

Magna Mining Announces Upsize of Previously Announced Private Placement of Common Shares

Sudbury, Ontario--(Newsfile Corp. - October 11, 2024) - Magna Mining Inc. (TSXV: NICU) (OTCQB: MGMNF) (FSE: 8YD) (the "Corporation") is pleased to announce that the Corporation and a syndicate of agen...

2 months ago - Newsfile Corp

Magna Mining Announces Private Placement of Common Shares

Sudbury, Ontario--(Newsfile Corp. - October 10, 2024) - Magna Mining Inc. (TSXV: NICU) (TSXV: NICU) (OTCQB: MGMNF) (FSE: 8YD) (the "Corporation") is pleased to announce that it has entered into an agr...

2 months ago - Newsfile Corp

Magna Mining Inc. Announces Conditional Approval of Application for Funding from the Federal Critical Mineral Infrastructure Fund (CMIF)

Sudbury, Ontario--(Newsfile Corp. - October 9, 2024) - Magna Mining Inc. (TSXV: NICU) (OTCQB: MGMNF) (FSE: 8YD) ("Magna" or the "Company") is pleased to announce that notification has been received fr...

2 months ago - Newsfile Corp

Magna Mining Provides Update on the Surface Advanced Exploration Bulk Sampling Program at the Crean Hill Project and Corporate Update

Sudbury, Ontario--(Newsfile Corp. - October 7, 2024) - Magna Mining Inc. (TSXV: NICU) (OTCQB: MGMNF) (FSE: 8YD) ("Magna" or the "Company") is pleased to provide an update on the advanced exploration s...

2 months ago - Newsfile Corp

Notice of Correction to News Release Dated September 17, 2024, Regarding Updated Crean Hill PEA

Sudbury, Ontario--(Newsfile Corp. - September 17, 2024) - Magna Mining Inc. (TSXV: NICU) (OTCQB: MGMNF) (FSE: 8YD) ("Magna" or the "Company") issued a news release earlier today announcing the results...

3 months ago - Newsfile Corp

Magna Mining Completes Updated Preliminary Economic Assessment of the Crean Hill Project

Study Demonstrates 13 Year Mine Life, Modest Pre-Production Capital and Short Payback Period Sudbury, Ontario--(Newsfile Corp. - September 17, 2024) - Magna Mining Inc. (TSXV: NICU) (OTCQB: MGMNF) (FS...

3 months ago - Newsfile Corp

Magna Mining Acquires Producing Copper Mine in Sudbury from KGHM International Ltd.

Acquisition Includes a Portfolio of Critical Mineral Exploration and Development Assets in the Sudbury Basin Mining District Sudbury, Ontario--(Newsfile Corp. - September 12, 2024) - Magna Mining Inc....

3 months ago - Newsfile Corp

Magna Mining Provides an Update on Advanced Exploration at the Crean Hill Project and Corporate Update

Sudbury, Ontario--(Newsfile Corp. - September 5, 2024) - Magna Mining Inc. (TSXV: NICU) (OTCQB: MGMNF) (FSE: 8YD) ("Magna" or the "Company") is pleased to provide an update on the Advanced Exploration...

4 months ago - Newsfile Corp

Magna Mining Reports High Grade Copper Results from the Crean Hill Project and Commences Surface Advanced Exploration

Results Include 5.0% Cu, 0.7% Ni, and 12.8 g/t Pt+Pd+Au Over 15.2 Metres Sudbury, Ontario--(Newsfile Corp. - July 8, 2024) - Magna Mining Inc. (TSXV: NICU) (OTCQB: MGMNF) (FSE: 8YD) ("Magna" or the "C...

6 months ago - Newsfile Corp

Magna Mining Announces Results of Annual & Special Meeting of Shareholders

Sudbury, Ontario--(Newsfile Corp. - July 2, 2024) - Magna Mining Inc. (TSXV: NICU) (OTCQB: MGMNF) (FSE: 8YD) ("Magna" or the "Company") is pleased to announce the results of its Annual & Special Meeti...

6 months ago - Newsfile Corp

Magna Mining Announces New Assay Results at Crean Hill and an Update on Advanced Exploration

Results Include 0.4% Ni, 0.5% Cu, and 34.3 g/t Pt+Pd+Au over 4.1 Metres, Starting at Surface Sudbury, Ontario--(Newsfile Corp. - June 25, 2024) - Magna Mining Inc. (TSXV: NICU) (OTCQB: MGMNF) (FSE: 8Y...

6 months ago - Newsfile Corp

Magna Mining Awards the Contract for Advanced Exploration at the Crean Hill Project

Sudbury, Ontario--(Newsfile Corp. - June 11, 2024) - Magna Mining Inc. (TSXV: NICU) (OTCQB: MGMNF) (FSE: 8YD) ("Magna" or the "Company") is pleased to announce the award of the Advanced Exploration ("...

7 months ago - Newsfile Corp

Magna Mining Announces the Signing of a Toll Milling Agreement for the 109 Footwall Surface Bulk Sample at the Crean Hill Project

Sudbury, Ontario--(Newsfile Corp. - June 4, 2024) - Magna Mining Inc. (TSXV: NICU) (OTCQB: MGMNF) (FSE: 8YD) ("Magna" or the "Company") is pleased to announce the signing of a Toll Milling Agreement (...

7 months ago - Newsfile Corp

Magna Mining Announces Annual and Special Meeting to Be Held on June 28, 2024

Sudbury, Ontario--(Newsfile Corp. - May 31, 2024) - Magna Mining Inc. (TSXV: NICU) (OTCQB: MGMNF) (FSE: 8YD) ("Magna" or the "Company") announces that it will be holding its annual and special meeting...

7 months ago - Newsfile Corp

Magna Mining Reports Diamond Drilling Results from the 109 Footwall Zone Surface Bulk Sample Area

Results include 0.9% Ni, 2.9% Cu, and 9.5 g/t Pt+Pd+Au over 6.3 metres, starting at surface Sudbury, Ontario--(Newsfile Corp. - May 8, 2024) - Magna Mining Inc. (TSXV: NICU) (OTCQB: MGMNF) (FSE: 8YD) ...

8 months ago - Newsfile Corp

Magna Mining Announces the Approval of the Crean Hill Permit to Take Water

The Crean Hill Project is Fully Permitted For Advanced Exploration and Test Mining Sudbury, Ontario--(Newsfile Corp. - April 23, 2024) - Magna Mining Inc. (TSXV: NICU) (OTCQB: MGMNF) (FSE: 8YD) ("Magn...

8 months ago - Newsfile Corp

Magna Mining Continues to Intersect High Grade Massive Sulphide Within the Core of the 109 Footwall Zone, Including 2.5% Ni, 9.6% Cu, and 17.4 g/t Pt+Pd+Au over 6.8 Metres

Sudbury, Ontario--(Newsfile Corp. - April 3, 2024) - Magna Mining Inc. (TSX.V: NICU) (OTCQB: MGMNF) (FSE: 8YD) ("Magna" or the "Company") is pleased to provide additional drilling results from the 202...

9 months ago - Newsfile Corp

Magna Mining Announces the Signing of a Definitive Off-Take Agreement for the Crean Hill Project

Sudbury, Ontario--(Newsfile Corp. - March 27, 2024) - Magna Mining Inc. (TSXV: NICU) (OTCQB: MGMNF) (FSE: 8YD) ("Magna" or the "Company") is pleased to announce the signing of a Definitive Off-Take Ag...

9 months ago - Newsfile Corp

Magna Mining Announces the Filing of the Amended Crean Hill Closure Plan

Sudbury, Ontario--(Newsfile Corp. - March 4, 2024) - Magna Mining Inc. (TSXV: NICU) (OTCQB: MGMNF) (FSE: 8YD) ("Magna" or the "Company") is pleased to provide an update on the permitting and approval ...

10 months ago - Newsfile Corp