Magna Mining Inc. (TSX:NICU)
Canada · Delayed Price · Currency is CAD | Market Cap | 524.23M +41.5% |
| Revenue (ttm) | 80.45M +1,772.7% |
| Net Income | -34.45M |
| EPS | -0.16 |
| Shares Out | 250.83M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 268,856 |
| Open | 2.080 |
| Previous Close | 2.100 |
| Day's Range | 2.060 - 2.150 |
| 52-Week Range | 1.640 - 3.940 |
| Beta | 2.35 |
| Analysts | Strong Buy |
| Price Target | 5.21 (+149.28%) |
| Earnings Date | Aug 25, 2026 |
About Magna Mining
Magna Mining Inc. engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores for nickel, copper, cobalt, platinum, palladium, gold, and silver deposits. Its primary assets include the McCreedy West copper underground mine located on the north range of the Sudbury Igneous Complex; the Levack mine; the Podolsky mine; the 84%-owned Shakespeare mine, which comprises 29 patented claims, 3 leased claims, and 787 mining claims covering an area of 18,074.94 hectares located within the Dunlop, Porter, ... [Read more]
Financial Performance
Financial StatementsAnalyst Summary
According to 4 analysts, the average rating for NICU stock is "Strong Buy." The 12-month stock price target is $5.21, which is an increase of 149.28% from the latest price.
News
Magna Mining Intersects 29.7% Copper Equivalent over 3.4 metres, consisting of 9.4% Copper, 2.3% Nickel, 19.8 g/t Gold and 8.8 g/t Platinum + Palladium within the R2 Footwall Zone at the Levack Mine in Sudbury, Ontario
SUDBURY, Ontario, June 22, 2026 (GLOBE NEWSWIRE) -- Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) (“Magna” or the “Company”) is pleased to provide the results of ongoing exploration and an ...
Magna Mining Announces Graduation to the Toronto Stock Exchange and Results of Annual & Special Meeting of Shareholders
SUDBURY, Ontario, June 19, 2026 (GLOBE NEWSWIRE) -- Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) (“Magna” or the “Company”) is pleased to announce that it will be graduating from the TSX V...
Magna Mining Reports Operating and Financial Results for the First Quarter of 2026
SUDBURY, Ontario, May 27, 2026 (GLOBE NEWSWIRE) -- Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE:8YD) (the “Company” or “Magna”) is pleased to report operating and financial results for the first...
Magna Mining Announces Details of First Quarter 2026 Results Conference Call and Webcast
SUDBURY, Ontario, May 14, 2026 (GLOBE NEWSWIRE) -- Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) (“Magna” or the “Company”) will release financial and operating results for the first quarte...
Magna Mining Announces Conditional Approval to Graduate to the Toronto Stock Exchange
SUDBURY, Ontario, May 04, 2026 (GLOBE NEWSWIRE) -- Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) (“Magna” or the “Company”) is pleased to announce that it has received conditional approval ...
Magna Mining Reports Fourth Quarter and Full Year 2025 Financial Results
SUDBURY, Ontario, April 20, 2026 (GLOBE NEWSWIRE) -- Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE:8YD) (the “Company” or “Magna”) is pleased to report fourth quarter and full year 2025 operating...
Magna Mining Intersects 23.2% Copper, 5.6% Nickel, 21.4 g/t Platinum + Palladium + Gold, and 225.0 g/t Silver over 2.4 metres and Provides an Update on Progress at the Levack Mine in Sudbury, Ontario
SUDBURY, Ontario, April 14, 2026 (GLOBE NEWSWIRE) -- Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) (“Magna” or the “Company”) is pleased to provide the results of ongoing exploration and an...
Magna Mining Files Technical Report for the McCreedy West Mine in Sudbury, Ontario
SUDBURY, Ontario, April 02, 2026 (GLOBE NEWSWIRE) -- Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) (“Magna” or the “Company”) is pleased to announce that further to its news release dated F...
Magna Mining Announces Additional Footwall Drill Results from the Levack Mine in Sudbury, Ontario
SUDBURY, Ontario, Feb. 18, 2026 (GLOBE NEWSWIRE) -- Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) (“Magna” or the “Company”) is pleased to provide an update on exploration activities and as...
Magna Mining Announces Initial Mineral Reserves for the McCreedy West Mine in Sudbury, Ontario
SUDBURY, Ontario, Feb. 18, 2026 (GLOBE NEWSWIRE) -- Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) (“Magna” or the “Company”) is pleased to announce initial Mineral Reserves for the McCreedy...
Magna Mining price target lowered to C$6.50 from C$7 at Canaccord
Canaccord analyst Dalton Baretto lowered the firm’s price target on Magna Mining (MGMNF) to C$6.50 from C$7 and keeps a Speculative Buy rating on the shares.
Magna Mining Announces 2026 Guidance
SUDBURY, Ontario, Feb. 05, 2026 (GLOBE NEWSWIRE) -- Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) (“Magna” or the “Company”) is pleased to provide 2026 guidance for the Company's assets in ...
Magna Mining Announces Q4 Production Results
SUDBURY, Ontario, Jan. 20, 2026 (GLOBE NEWSWIRE) -- Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) (“Magna” or the “Company”) is pleased to announce Q4 2025 production results from the McCre...
Magna Mining Announces Grants of Security-Based Compensation
SUDBURY, Ontario, Jan. 06, 2026 (GLOBE NEWSWIRE) -- Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) ("Magna" or the "Company") announces the following grants of security-based compensation to...
Magna Mining files technical report for MRE on Levack Mine property
Magna Mining (MGMNF) announced that further to its news release dated November 18 titled “Magna Mining Reports Mineral Resource Estimate for the Levack Mine in Sudbury, Ontario” the Company has…
Magna Mining Files Technical Report for the Mineral Resource Estimate on the Levack Mine Property in Sudbury
SUDBURY, Ontario, Dec. 31, 2025 (GLOBE NEWSWIRE) -- Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) (“Magna” or the “Company”) is pleased to announce that further to its news release dated No...
Magna Mining to Initiate a Pre-Feasibility Study on the Crean Hill Nickel-Copper-Precious Metals Project in Sudbury, Ontario
SUDBURY, Ontario, Dec. 16, 2025 (GLOBE NEWSWIRE) -- Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) (“Magna” or the “Company”) is pleased to announce that Technica Mining Inc. (“Technica”) ha...
Magna Mining Continues to Intersect Copper and Precious Metal Bearing Veins in Multiple Drill Holes at Levack Mine's R2 Target in Sudbury, Including 25.0% Copper, 34.7 g/t Pt+Pd+Au, and 151 g/t Silver over 0.4 metres
SUDBURY, Ontario, Dec. 09, 2025 (GLOBE NEWSWIRE) -- Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) (“Magna” or the “Company”) is pleased to provide an update on exploration activities and as...
Magna Mining Reports Third Quarter 2025 Financial Results
Sudbury, Ontario--(Newsfile Corp. - November 25, 2025) - Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) (the "Company" or "Magna") is pleased to report third quarter 2025 financial results. ...
Magna Mining Reports Mineral Resource Estimate for the Levack Mine in Sudbury, Ontario
Sudbury, Ontario--(Newsfile Corp. - November 18, 2025) - Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) ("Magna" or the "Company") is pleased to announce the results of a Mineral Resource Es...
Dundee Corporation Announces Exercise of Warrants in Magna Mining Inc.
TORONTO, Nov. 04, 2025 (GLOBE NEWSWIRE) -- In accordance with regulatory requirements, Dundee Corporation (TSX: DC.A) (“Dundee” or the “Corporation”) announces that it has exercised 4,259,259 warrants...
Magna Mining Reports Multiple Copper, Nickel and Precious Metal Rich Intersections from the R2 Target at the Levack Mine in Sudbury, Ontario
Sudbury, Ontario--(Newsfile Corp. - October 23, 2025) - Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) ("Magna" or the "Company") is pleased to provide an update on exploration activities an...
Magna Mining Announces Q3 Production Results
Sudbury, Ontario--(Newsfile Corp. - October 22, 2025) - Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) ("Magna" or the "Company") is pleased to announce Q3 2025 production results from the M...
Magna Mining Announces Closing of Brokered Offering of Common Shares for Gross Proceeds of Approximately $50 Million
Sudbury, Ontario--(Newsfile Corp. - September 19, 2025) - Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) ("Magna" or the "Company") is pleased to announce the closing of its previously annou...
Magna Mining Announces Appointment of Greg Huffman to Senior Vice President, Capital Markets
Sudbury, Ontario--(Newsfile Corp. - September 17, 2025) - Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) ("Magna" or the "Company") is pleased to announce the appointment of Greg Huffman as ...