Magna Mining Financials

NICU Stock   1.46  0.03  2.10%   
We recommend to make use of analysis of Magna Mining fundamentals to see if markets are presently mispricing the entity. We were able to break down twenty-four available fundamentals for Magna Mining, which can be compared to its peers in the industry. The stock experiences an unexpected upward trend. Watch out for market signals. Check odds of Magna Mining to be traded at 1.752 in 90 days. Key indicators impacting Magna Mining's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.01510.0132
Fairly Up
Slightly volatile
Current Ratio3.012.6015
Fairly Up
Slightly volatile
  
Understanding current and past Magna Mining Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Magna Mining's financial statements are interrelated, with each one affecting the others. For example, an increase in Magna Mining's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Magna Mining's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Magna Mining. Check Magna Mining's Beneish M Score to see the likelihood of Magna Mining's management manipulating its earnings.

Magna Mining Stock Summary

Magna Mining competes with Kiplin Metals, Pure Energy, and Noram Lithium. Magna Mining is entity of Canada. It is traded as Stock on V exchange.
Specialization
Basic Materials, Other Industrial Metals & Mining
InstrumentCanada Stock View All
ExchangeTSX Venture Exchange
ISINCA55925F1027
Business Address1300 Kelly Lake
SectorMetals & Mining
IndustryMaterials
BenchmarkDow Jones Industrial
Websitemagnamining.com
Phone416 356 8165
You should never invest in Magna Mining without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Magna Stock, because this is throwing your money away. Analyzing the key information contained in Magna Mining's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Magna Mining Key Financial Ratios

There are many critical financial ratios that Magna Mining's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Magna Mining reports annually and quarterly.

Magna Mining Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(515.1K)1.4M4.2M492.8K4.7M5.0M
Depreciation21.9K19.4K33.0K32.4K62.1K65.2K
Net Income(46.8K)(1.1M)(6.8M)(22.0M)(9.9M)(10.4M)

Magna Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Magna Mining's current stock value. Our valuation model uses many indicators to compare Magna Mining value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Magna Mining competition to find correlations between indicators driving Magna Mining's intrinsic value. More Info.
Magna Mining is regarded fifth in return on equity category among its peers. It is regarded fourth in return on asset category among its peers . At this time, Magna Mining's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Magna Mining's earnings, one of the primary drivers of an investment's value.

Magna Mining Systematic Risk

Magna Mining's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Magna Mining volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Magna Mining correlated with the market. If Beta is less than 0 Magna Mining generally moves in the opposite direction as compared to the market. If Magna Mining Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Magna Mining is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Magna Mining is generally in the same direction as the market. If Beta > 1 Magna Mining moves generally in the same direction as, but more than the movement of the benchmark.

Magna Mining Other Current Liab Over Time

Today, most investors in Magna Mining Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Magna Mining's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Magna Mining growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.11

At this time, Magna Mining's Price Earnings To Growth Ratio is fairly stable compared to the past year.

Magna Mining November 30, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Magna Mining help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Magna Mining. We use our internally-developed statistical techniques to arrive at the intrinsic value of Magna Mining based on widely used predictive technical indicators. In general, we focus on analyzing Magna Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Magna Mining's daily price indicators and compare them against related drivers.

Additional Tools for Magna Stock Analysis

When running Magna Mining's price analysis, check to measure Magna Mining's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Magna Mining is operating at the current time. Most of Magna Mining's value examination focuses on studying past and present price action to predict the probability of Magna Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magna Mining's price. Additionally, you may evaluate how the addition of Magna Mining to your portfolios can decrease your overall portfolio volatility.