Magna Mining Inc. (TSX:NICU)
| Market Cap | 761.44M +13.8% |
| Revenue (ttm) | 94.48M +372.5% |
| Net Income | -33.58M |
| EPS | -0.14 |
| Shares Out | 313.35M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 260,438 |
| Open | 2.490 |
| Previous Close | 2.410 |
| Day's Range | 2.430 - 2.510 |
| 52-Week Range | 1.880 - 3.940 |
| Beta | 2.36 |
| Analysts | Strong Buy |
| Price Target | 4.85 (+99.59%) |
| Est. Earnings | Nov 20, 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 $4.85, which is an increase of 99.59% from the latest price.
News
Sudbury’s Levack Mine could be back in production by 2028, says Magna Mining
A Sudbury mine that shut down eight years ago in the face of slumping metal prices could soon be headed back into production. Magna Mining announced Thursday that a preliminary economic study shows th...
Magna Mining Slides: Corporate presentation
Magna Mining has posted slides in relation to its latest quarterly earnings report, which was published on October 8, 2026.
Magna Mining Reports Results of Levack Mine Preliminary Economic Assessment and Approves Restart of Production
SUDBURY, Ontario, Oct. 08, 2026 (GLOBE NEWSWIRE) — Magna Mining Inc. (TSX: NICU) (OTCQX: MGMNF) (FSE: 8YD) (“Magna” or the “Company”) is pleased to announce the results of a Preliminary Economic Asses...
Magna Mining Reports Results of Levack Mine Preliminary Economic Assessment and Approves Restart of Production
SUDBURY, Ontario, Oct. 08, 2026 (GLOBE NEWSWIRE) -- Magna Mining Inc. (TSX: NICU) (OTCQX: MGMNF) (FSE: 8YD) (“Magna” or the “Company”) is pleased to announce the results of a Preliminary Economic Asse...
Magna Mining Expands the R2 Footwall Zone and Intersects Near Surface Mineralization at the Levack Mine in Sudbury, Ontario including 4.0% Nickel, 1.7% Copper and 3.5 g/t Platinum + Palladium + Gold (8.3% CuEq) over 4.6 metres
SUDBURY, Ontario, Sept. 17, 2026 (GLOBE NEWSWIRE) — Magna Mining Inc. (TSX: NICU) (“Magna” or the “Company”) is pleased to provide the results of ongoing exploration and an update on activities at the...
Magna Mining Expands the R2 Footwall Zone and Intersects Near Surface Mineralization at the Levack Mine in Sudbury, Ontario including 4.0% Nickel, 1.7% Copper and 3.5 g/t Platinum + Palladium + Gold (8.3% CuEq) over 4.6 metres
SUDBURY, Ontario, Sept. 17, 2026 (GLOBE NEWSWIRE) -- Magna Mining Inc. (TSX: NICU) (“Magna” or the “Company”) is pleased to provide the results of ongoing exploration and an update on activities at th...
Magna Mining Announces Closing of C$140 Million Strategic Investment by Alpayana
Not for distribution to United States news wire services or for dissemination in the United States. All monetary amounts are expressed in Canadian Dollars, unless otherwise indicated.
Magna Mining Slides: Corporate presentation
Magna Mining has posted slides in relation to its latest quarterly earnings report, which was published on August 28, 2026.
Magna Mining Earnings Call Transcript: Q2 2026
Record production and safety milestones were achieved at McCreedy West in Q2 2026, with strong financial performance and positive cash flow supporting project advancement. A CAD 140 million strategic investment was announced, and key studies at Levack and Crean Hill are on track for September completion.
Magna Mining Report: Q2 2026
Magna Mining published a report on August 13, 2026 containing material business information for investors and shareholders.
Magna Mining MD&A: Q2 2026
Magna Mining filed a regulatory document on August 13, 2026 disclosing important business information.
Magna Mining Earnings release: Q2 2026
Magna Mining released its Q2 2026 earnings on August 13, 2026, summarizing the period's financial results.
Magna Mining Reports Operating and Financial Results for the Second Quarter of 2026
SUDBURY, Ontario, Aug. 12, 2026 (GLOBE NEWSWIRE) -- Magna Mining Inc. (TSX: NICU) (OTCQX: MGMNF) (FSE:8YD) (the “Company” or “Magna”) is pleased to report operating and financial results for the secon...
Magna Mining Inc. (NICU) Opens the Market
Toronto, Ontario--(Newsfile Corp. - July 20, 2026) - Jason Jessup, Chief Executive Officer and Director, Magna Mining Inc. ("Magna Mining" or the "Company") (TSX: NICU) along with its other members, j...
Magna Mining Announces C$140 Million Strategic Investment by Alpayana
At closing Alpayana will hold an approximate 19.9% equity stake in Magna Not for distribution to United States news wire services or for dissemination in the United States. All monetary amounts are ex...
Magna Mining Achieves Record Quarterly Tonnage at McCreedy West Mine in Sudbury and Provides Q2 Operational Update
SUDBURY, Ontario, June 29, 2026 (GLOBE NEWSWIRE) -- Magna Mining Inc. (TSX: NICU) (OTCQX: MGMNF) (FSE: 8YD) (“Magna” or the “Company”) is pleased to announce that a new record for quarterly tonnage ha...
Magna Mining Slides: Corporate presentation
Magna Mining has posted slides in relation to its latest quarterly earnings report, which was published on June 24, 2026.
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 Earnings Call Transcript: Q1 2026
Q1 2026 saw strong operational and financial performance, with improved cash margins, robust safety, and progress on key projects. Guidance for the year remains on track, with major studies at Levack and Crean Hill expected in Q3.
Magna Mining Report: Q1 2026
Magna Mining published a report on May 28, 2026 containing material business information for investors and shareholders.
Magna Mining MD&A: Q1 2026
Magna Mining filed a regulatory document on May 28, 2026 disclosing important business information.
Magna Mining Earnings release: Q1 2026
Magna Mining released its Q1 2026 earnings on May 28, 2026, summarizing the period's financial results.
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...