Magna Mining Inc. (MGMNF)

OTCMKTS · Delayed Price · Currency is USD
1.863
-0.017 (-0.88%)
Sep 18, 2025, 11:38 AM EDT
-0.88%
Market Cap395.59M
Revenue (ttm)16.80M
Net Income (ttm)7.61M
Shares Outn/a
EPS (ttm)0.04
PE Ratio51.97
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume4,300
Average Volume93,153
Open1.861
Previous Close1.880
Day's Range1.860 - 1.880
52-Week Range0.800 - 2.120
Beta2.65
RSI63.69
Earnings DateAug 22, 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 Announces Brokered LIFE Offering of Common Shares for Gross Proceeds of up to $45 Million

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES SUDBURY, Ontario, Sept. 05, 2025 (GLOBE NEWSWIRE) -- Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FS...

13 days ago - GlobeNewsWire

Magna Mining Announces Grants of Security-Based Compensation

Sudbury, Ontario--(Newsfile Corp. - September 4, 2025) - Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) ("Magna" or the "Company") announces the following grants of security-based compensati...

14 days ago - Newsfile Corp

Magna Mining Intersects 29.2% Cu, 0.9% Ni, 53.0 g/t Pt + Pd + Au Over 1.0 Metre, 140 Metres Downdip of Previous Intersection Below the No. 3 Zone at the Levack Mine in Sudbury, Ontario

Sudbury, Ontario--(Newsfile Corp. - August 28, 2025) - Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) ("Magna" or the "Company") is pleased to provide an update on exploration activities and...

21 days ago - Newsfile Corp

Magna Mining Reports Second Quarter 2025 Operating and Financial Results

Sudbury, Ontario--(Newsfile Corp. - August 27, 2025) - Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) (the "Company" or "Magna") is pleased to report second quarter 2025 operating and financ...

21 days ago - Newsfile Corp

CORRECTION: Magna Mining Inc. Second Quarter Financial Results - Conference Call & Webcast

In a previously disseminated version of this news release the headline contained a misspelling of Magna Mining Inc. That has been updated to reflect the correct spelling. No other changes have been ma...

23 days ago - Newsfile Corp

Magma Mining Inc. Second Quarter Financial Results - Conference Call & Webcast

Sudbury, Ontario--(Newsfile Corp. - August 25, 2025) - Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE:8YD) (the "Company" or "Magna") is scheduled to release its Q2 2025 financial results and MD&A...

24 days ago - Newsfile Corp

Magna Mining Inc. Second Quarter Financial Results - Conference Call & Webcast

Sudbury, Ontario--(Newsfile Corp. - August 25, 2025) - Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE:8YD) (the "Company" or "Magna") is scheduled to release its Q2 2025 financial results and MD&A...

24 days ago - Newsfile Corp

Magna Mining Intersects Near Surface Contact Nickel Mineralization Grading 2.3% Ni, 0.7% Cu Over 28.0 metres at the Levack Mine

Sudbury, Ontario--(Newsfile Corp. - August 19, 2025) - Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) ("Magna" or the "Company") is pleased to provide an update on exploration activities and...

4 weeks ago - Newsfile Corp

Magna Mining Reports 17.9% Cu, 0.6% Ni and 28.1 g/t Pt + Pd + Au over 1.8 Metres in the 700 Footwall Copper Zone at McCreedy West Mine

Sudbury, Ontario--(Newsfile Corp. - August 6, 2025) - Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) ("Magna" or the "Company") is pleased to announce additional drill results from the McCre...

6 weeks ago - Newsfile Corp

Magna Mining Announces Closing of Property Acquisition from NorthX Nickel Corp.

Sudbury, Ontario--(Newsfile Corp. - July 21, 2025) - Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) ("Magna" or the "Company") is pleased to report that further to its news release dated Dec...

2 months ago - Newsfile Corp

Magna Mining Announces H2 2025 Guidance

Sudbury, Ontario--(Newsfile Corp. - July 16, 2025) - Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) ("Magna" or the "Company") is pleased to announce production and cost guidance for the sec...

2 months ago - Newsfile Corp

Magna Mining Continues to Intersect High Grade Mineralization, Including 2.6% Cu, 8.1% Ni, 17.8 g/t Pt + Pd + Au over 0.6m in the Footwall Beneath the Levack No. 3 Orebody

Sudbury, Ontario--(Newsfile Corp. - July 9, 2025) - Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) ("Magna" or the "Company") is pleased to provide an update on exploration activities and as...

2 months ago - Newsfile Corp

Magna Mining Announces Results of Annual & Special Meeting of Shareholders

Sudbury, Ontario--(Newsfile Corp. - June 27, 2025) - Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) (the "Company" or "Magna") is pleased to announce the results of its Annual & Special Meet...

2 months ago - Newsfile Corp

Magna Mining Announces Funding Award from the Critical Minerals Innovation Fund (CMIF)

Sudbury, Ontario--(Newsfile Corp. - June 23, 2025) - Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) (the "Company" or "Magna") is pleased to announce that the Ontario government has awarded ...

3 months ago - Newsfile Corp

Magna Mining Announces New Drill Results from McCreedy West and Recognition from the Government of Ontario

Sudbury, Ontario--(Newsfile Corp. - June 10, 2025) - Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) ("Magna" or the "Company") is pleased to announce additional drill results from the McCree...

3 months ago - Newsfile Corp

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 ...

3 months 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...

4 months 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 months 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...

5 months 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: ...

6 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...

7 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 ...

7 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 ...

7 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...

7 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...

7 months ago - Newsfile Corp