Magna Mining Inc. (MGMNF)

OTCMKTS · Delayed Price · Currency is USD
1.207
+0.047 (4.01%)
Jun 5, 2025, 3:54 PM EDT
109.83%
Market Cap 244.55M
Revenue (ttm) 3.10M
Net Income (ttm) 11.09M
Shares Out n/a
EPS (ttm) 0.06
PE Ratio 22.06
Forward PE 33.89
Dividend n/a
Ex-Dividend Date n/a
Volume 8,000
Average Volume 62,220
Open 1.180
Previous Close 1.160
Day's Range 1.170 - 1.208
52-Week Range 0.466 - 1.283
Beta 2.54
RSI 65.40
Earnings Date May 30, 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, cobalt, gold, and platinum group metal deposits. Its flagship properties include100% interest in the Crean Hill Project; and 84% interest in the Shakespeare Mine located in Sudbury, Canada. Magna Mining Inc. was founded in 2016 and is headquartered in Sudbury, Canada. [Read more]

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 Reports First Quarter 2025 Operating and Financial Results

Sudbury, Ontario--(Newsfile Corp. - May 29, 2025) - Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) (the "Company" or "Magna") is pleased to report first quarter 2025 operating and financial ...

7 days ago - Newsfile Corp

Magna Mining Announces Upgrade to OTCQX and Quarterly Results Conference Call & Webcast

Sudbury, Ontario--(Newsfile Corp. - May 28, 2025) - Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) (the "Company" or "Magna") is pleased to announce that the company has qualified to trade o...

8 days ago - Newsfile Corp

Magna Mining Intersects 24.0% Cu, 1.2% Ni & 6.7 g/t Pt + Pd + Au over 2.0 Metres at Levack Mine

Additional Infill Drilling at the McCreedy West Mine Continues to Return High-Grade Copper Intersections Sudbury, Ontario--(Newsfile Corp. - April 30, 2025) - Magna Mining Inc. (TSXV: NICU) (OTCQB: MG...

5 weeks ago - Newsfile Corp

Magna Mining Announces Corporate Updates and Grant of Stock Options and RSUs

Sudbury, Ontario--(Newsfile Corp. - April 14, 2025) - Magna Mining Inc. (TSXV: NICU) (OTCQB: MGMNF) (FSE: 8YD) (the "Company" or "Magna") is pleased to announce the appointment of Tim Bradburn as Seni...

7 weeks ago - Newsfile Corp

Magna Mining Announces Assay Results and Provides an Update on the McCreedy West Mine

Assay Results Include 24.9% Cu, 0.4% Ni & 5.0 g/t Pt + Pd + Au Over 1.6 Metres at Levack Mine Sudbury, Ontario--(Newsfile Corp. - March 31, 2025) - Magna Mining Inc. (TSXV: NICU) (OTCQB: MGMNF) (FSE: ...

2 months ago - Newsfile Corp

Magna Mining Announces Closing of $33.5 Million Private Placement

Sudbury, Ontario--(Newsfile Corp. - March 5, 2025) - Magna Mining Inc. (TSXV: NICU) (the "Corporation") is pleased to announce that it has closed its previously announced "best efforts" private placem...

3 months ago - Newsfile Corp

Magna Mining Initiates Diamond Drilling at the Levack Mine and Reports 2024 Drilling Results at the McCreedy West Mine

Drilling results include 14.3% Cu, 3.5% Ni, 6.0 g/t Pt+Pd+Au over 9.6 metres. Sudbury, Ontario--(Newsfile Corp. - March 3, 2025) - Magna Mining Inc. (TSXV: NICU) (OTCQB: MGMNF) (FSE: 8YD) ("Magna" or ...

3 months ago - Newsfile Corp

Magna Mining Completes Acquisition of Producing Copper Mine in Sudbury from KGHM International Ltd.

Sudbury, Ontario--(Newsfile Corp. - February 28, 2025) - Magna Mining Inc. (TSXV: NICU) (OTCQB: MGMNF) (FSE: 8YD) ("Magna" or the "Company") is pleased to announce, further to its news releases dated ...

3 months ago - Newsfile Corp

Magna Mining Included in 2025 TSX Venture 50 List of Top Performing Companies

Sudbury, Ontario--(Newsfile Corp. - February 19, 2025) - Magna Mining Inc. (TSXV: NICU) (OTCQB: MGMNF) (FSE: 8YD) ("Magna" or the "Company") is pleased to announce that it has been included in the 202...

3 months ago - Newsfile Corp

Magna Mining Announces Upsize to Previously Announced Private Placement

Sudbury, Ontario--(Newsfile Corp. - February 6, 2025) - Magna Mining Inc. (TSXV: NICU) (OTCQB: MGMNF) (FSE: 8YD) (the "Company") is pleased to announce that the Company and a syndicate of agents co-le...

4 months ago - Newsfile Corp

Magna Mining Announces up to $25 Million Private Placement

Sudbury, Ontario--(Newsfile Corp. - February 5, 2025) - Magna Mining Inc. (TSXV: NICU) (OTCQB: MGMNF) (FSE: 8YD) (the "Company") is pleased to announce that it has entered into an agreement with SCP R...

4 months ago - Newsfile Corp

Magna Mining Provides Update on Acquisition of Properties from KGHM International Ltd.

Sudbury, Ontario--(Newsfile Corp. - January 30, 2025) - Magna Mining Inc. (TSXV: NICU) (OTCQB: MGMNF) (FSE: 8YD) ("Magna" or the "Company") is pleased to provide an update regarding its previously ann...

4 months ago - Newsfile Corp

Magna Mining Provides Update on Acquisition of Producing Copper Mine in Sudbury from KGHM International Ltd.

Sudbury, Ontario--(Newsfile Corp. - January 9, 2025) - Magna Mining Inc. (TSXV: NICU) (OTCQB: MGMNF) (FSE: 8YD) ("Magna" or the "Company") is pleased to provide an update regarding its previously anno...

5 months ago - Newsfile Corp

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...

6 months 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 months 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 months 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 months 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...

7 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...

8 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...

8 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...

8 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...

8 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...

8 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...

9 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...

9 months ago - Newsfile Corp