Magna Gold Corp Analysis

MGLQFDelisted Stock  USD 0.01  0.00  0.00%   
Magna Gold Corp is overvalued with Real Value of 0.0068 and Hype Value of 0.008. The main objective of Magna Gold otc analysis is to determine its intrinsic value, which is an estimate of what Magna Gold Corp is worth, separate from its market price. There are two main types of Magna Gold's stock analysis: fundamental analysis and technical analysis.
The Magna Gold otc stock is traded in the USA on OTCQB Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Magna Gold's ongoing operational relationships across important fundamental and technical indicators.
  
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in producer price index.

Magna OTC Stock Analysis Notes

About 25.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.2. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Magna Gold Corp had not issued any dividends in recent years. Magna Gold Corp. engages in the acquisition, exploration, development, and operation of mineral properties in Mexico. The company was incorporated in 2018 and is based in Vancouver, Canada. MAGNA GOLD is traded on OTC Exchange in the United States.The quote for Magna Gold Corp is listed on Over The Counter exchange (i.e., OTC), and the entity is not required to meet listing requirements such as those found on the Nasdaq, NYSE, or AMEX exchanges. To find out more about Magna Gold Corp contact the company at 647 259 1790 or learn more at https://www.magnagoldcorp.com.

Magna Gold Corp Investment Alerts

Magna Gold Corp is not yet fully synchronised with the market data
Magna Gold Corp has some characteristics of a very speculative penny stock
Magna Gold Corp has a very high chance of going through financial distress in the upcoming years
Magna Gold Corp has accumulated 6.54 M in total debt with debt to equity ratio (D/E) of 0.58, which is about average as compared to similar companies. Magna Gold Corp has a current ratio of 0.39, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Magna Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Magna Gold's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Magna Gold Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Magna to invest in growth at high rates of return. When we think about Magna Gold's use of debt, we should always consider it together with cash and equity.
About 25.0% of Magna Gold outstanding shares are owned by corporate insiders

Magna Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 1.93 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Magna Gold's market, we take the total number of its shares issued and multiply it by Magna Gold's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Magna Profitablity

Magna Gold's profitability indicators refer to fundamental financial ratios that showcase Magna Gold's ability to generate income relative to its revenue or operating costs. If, let's say, Magna Gold is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Magna Gold's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Magna Gold's profitability requires more research than a typical breakdown of Magna Gold's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (0.22) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.23) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.23.

About Magna OTC Stock Analysis

OTC Stock analysis is the technique used by a trader or investor to examine and evaluate how Magna Gold prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Magna shares will generate the highest return on investment. We also built our otc analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual OTC such as Magna Gold. By using and applying Magna OTC Stock analysis, traders can create a robust methodology for identifying Magna entry and exit points for their positions.
Magna Gold Corp. engages in the acquisition, exploration, development, and operation of mineral properties in Mexico. The company was incorporated in 2018 and is based in Vancouver, Canada. MAGNA GOLD is traded on OTC Exchange in the United States.

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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our otc stock analysis tools, you can find out how much better you can do when adding Magna Gold to your portfolios without increasing risk or reducing expected return.

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Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in producer price index.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

Other Consideration for investing in Magna OTC Stock

If you are still planning to invest in Magna Gold Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Magna Gold's history and understand the potential risks before investing.
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