Magellan Gold (MAGE) Stock Price, News & Analysis

Company Overview

Magellan Gold (OTCMKTS:MAGE) is a junior mineral exploration company based in Vancouver, British Columbia, focused on the acquisition, exploration and development of gold-bearing properties. The company’s objective is to generate value through systematic field programs that include geological mapping, sampling, geophysical surveys and targeted drill campaigns aimed at defining high-potential gold occurrences.

Magellan Gold’s asset portfolio is concentrated in northwestern Mexico, where it holds interests in several early-stage gold projects. These properties have been selected on the basis of regional structural trends, historical artisanal workings and promising geochemical signatures. The company is advancing its flagship targets toward drill-ready status while assessing additional ground under favourable geological settings.

Operating with a lean corporate structure, Magellan Gold draws on the technical expertise of advisors and consultants experienced in mineral exploration, resource modelling and permitting. The company’s management team pursues strategic alliances and joint ventures to optimize exploration programs, manage risk and position its gold projects for potential resource delineation and future development.

Key Stats

• Today's Range: $0.14 to $0.15
• 50-Day Range: $0.14 to $0.29
• 52-Week Range: $0.09 to $0.38
• Volume: 13,770 shs
• Average Volume: 14,016 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Magellan Gold Stock Analysis - MarketRank™

Magellan Gold scored higher than 20% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Magellan Gold.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Magellan Gold is -26.03, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Magellan Gold is -26.03, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Magellan Gold has a short interest ratio ("days to cover") of 0.04, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Magellan Gold has recently decreased by 83.22%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Magellan Gold does not currently pay a dividend.

Dividend Growth

Magellan Gold does not have a long track record of dividend growth.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: N/A

News Sentiment

Magellan Gold has a news sentiment score of 1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.47 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Magellan Gold this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Magellan Gold insiders have not sold or bought any company stock.

Percentage Held by Insiders

96.15% of the stock of Magellan Gold is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Magellan Gold has minimal institutional ownership at this time.

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Basic Materials
• Industry: Other Precious Metals & Mining
• Sub-Industry: Non-Metallic And Industrial Metal Mining
• Current Symbol: OTCMKTS:MAGE
• CIK: 1515317
• Web: magellangoldcorp.com
• Phone: (707) 291-6198
• Fax: N/A
• Employees: 36
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A