Magna Terra Minerals Stock Today

MTT Stock  CAD 0.02  0.01  33.33%   

Performance

5 of 100

 
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Odds Of Distress

Over 54

 
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Magna Terra is selling for under 0.02 as of the 24th of November 2024; that is 33.33 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.02. Magna Terra has 54 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for Magna Terra Minerals are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of December 2022 and ending today, the 24th of November 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
Magna Terra Minerals Inc. engages in the acquisition, exploration, and retention of mineral property assets. The company was incorporated in 2009 and is headquartered in Toronto, Canada. MAGNA TERRA operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.. The company has 83.12 M outstanding shares of which 1.81 K shares are now shorted by private and institutional investors with about 0.31 days to cover all short positions. More on Magna Terra Minerals

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Magna Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Magna Terra's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Magna Terra or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO PresidentBComm BCom
Business ConcentrationDiversified Metals & Mining, Other Industrial Metals & Mining, Basic Materials, Materials, Metals & Mining, Industrial Metals & Minerals, Basic Materials (View all Sectors)
Magna Terra's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Magna Terra's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Magna Terra can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Magna Terra's financial leverage. It provides some insight into what part of Magna Terra's total assets is financed by creditors.
Liquidity
Magna Terra cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Magna Terra Minerals has accumulated 889.83 K in total debt with debt to equity ratio (D/E) of 4.8, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Magna Terra Minerals has a current ratio of 0.08, 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 Terra until it has trouble settling it off, either with new capital or with free cash flow. So, Magna Terra'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 Terra Minerals 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 Terra's use of debt, we should always consider it together with cash and equity.

Net Income

(1.17 Million)
Magna Terra Minerals (MTT) is traded on TSX Venture Exchange in Canada and employs 2 people. Magna Terra is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 1.66 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Magna Terra's market, we take the total number of its shares issued and multiply it by Magna Terra'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 Terra Minerals classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 83.12 M outstanding shares of which 1.81 K shares are now shorted by private and institutional investors with about 0.31 days to cover all short positions. Magna Terra Minerals has accumulated about 55.16 K in cash with (425.18 K) of positive cash flow from operations.
Check Magna Terra Probability Of Bankruptcy
Ownership Allocation
Magna Terra Minerals maintains a total of 83.12 Million outstanding shares. Magna Terra Minerals holds significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Magna Ownership Details

Magna Terra Minerals Risk Profiles

Although Magna Terra's alpha and beta are two of the key measurements used to evaluate Magna Terra's performance over the market, the standard measures of volatility play an important role as well.

Magna Stock Against Markets

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Magna Terra Corporate Executives

Elected by the shareholders, the Magna Terra's board of directors comprises two types of representatives: Magna Terra inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Magna. The board's role is to monitor Magna Terra's management team and ensure that shareholders' interests are well served. Magna Terra's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Magna Terra's outside directors are responsible for providing unbiased perspectives on the board's policies.

Additional Tools for Magna Stock Analysis

When running Magna Terra's price analysis, check to measure Magna Terra'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 Terra is operating at the current time. Most of Magna Terra's value examination focuses on studying past and present price action to predict the probability of Magna Terra'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 Terra's price. Additionally, you may evaluate how the addition of Magna Terra to your portfolios can decrease your overall portfolio volatility.