Magna Mining Inc. (TSX:NICU)
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* 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
| Rating | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Canaccord Genuity | Canaccord Genuity | Buy Maintains $7.00 → $6.50 | Buy | Maintains | $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
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CAD.