Magna Mining Inc. (TSX:NICU)
Canada flag Canada · Delayed Price · Currency is CAD
2.280
+0.050 (2.24%)
At close: Jul 21, 2026

Magna Mining Stock Forecast

Stock Price Forecast

According to 3 analysts polled by S&P Global, Magna Mining stock has a consensus rating of "Strong Buy" and an average price target of $4.93. The average 1-year stock price forecast is 116.23% higher than the current stock price, while the lowest is $4.50 (+97.37%) and the highest is $5.50 (+141.23%).

Price Target: $4.93 (+116.23%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$4.50$4.93$4.80$5.50
Change+97.37%+116.23%+110.53%+141.23%
* Price targets were last updated on Feb 6, 2026.

Analyst Ratings

The average analyst rating for Magna Mining stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Chart
RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy333333
Buy111110
Hold000000
Sell000000
Strong Sell000000
Total444443

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Canaccord Genuity
Canaccord Genuity
Buy
Maintains
$7.00$6.50
BuyMaintains$7.00$6.50+185.09%Feb 6, 2026

Financial Forecast

Revenue This Year
130.20M
from 58.83M
Increased by 121.30%
Revenue Next Year
229.80M
from 130.20M
Increased by 76.50%
EPS This Year
-0.07
from -0.13
EPS Next Year
0.04
from -0.07
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
----58.83M130.20M
Revenue Growth
-----121.30%
Operating Income
-5.58M-22.31M-12.62M-19.48M-33.22M-11.30M
Net Income
-6.76M-21.97M-9.72M-16.27M-16.98M-32.70M
EPS
-----0.13-0.07
Free Cash Flow
-2.28M-10.76M-6.65M-13.75M-20.43M-58.20M
No. Analysts
-----1
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CAD.

Revenue Forecast

Revenue202620272028
High130.2M
Avg130.2M
Low130.2M

Revenue Growth

Revenue Growth202620272028
High
121.3%
Avg
121.3%
Low
121.3%

EPS Forecast

EPS202620272028
High-0.07
Avg-0.07
Low-0.07

EPS Growth

EPS Growth202620272028
High-
Avg-
Low-