Magna Mining Inc. (TSX:NICU)
Canada · Delayed Price · Currency is CAD | Market Cap | 639.78M +77.9% |
| Revenue (ttm) | 94.48M +372.5% |
| Net Income | -33.58M |
| EPS | -0.14 |
| Shares Out | 250.89M |
| PE Ratio | n/a |
| Forward PE | 710.86 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 527,953 |
| Open | 2.530 |
| Previous Close | 2.550 |
| Day's Range | 2.500 - 2.710 |
| 52-Week Range | 1.830 - 3.940 |
| Beta | 2.40 |
| Analysts | Strong Buy |
| Price Target | 4.97 (+85.45%) |
| Earnings Date | Aug 12, 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 3 analysts, the average rating for NICU stock is "Strong Buy." The 12-month stock price target is $4.97, which is an increase of 85.45% from the latest price.
News
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 Registration statement: Q2 2026
Magna Mining filed a registration statement on August 13, 2026, providing details about a securities offering with the SEC.
Magna Mining Registration statement: Q2 2026
Magna Mining filed a registration statement on August 13, 2026, providing details about a securities offering with the SEC.
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 second...
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 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…