Magna Mining Inc (NICU)

Currency in CAD
2.61
-0.11(-4.04%)
Closed·
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Fair Value
Day's Range
2.592.77
52 wk Range
1.883.94
Key Statistics
Prev. Close
2.72
Open
2.75
Day's Range
2.59-2.77
52 wk Range
1.88-3.94
Volume
518.13K
Average Volume (3m)
519.33K
1-Year Change
7.4074%
Book Value / Share
0.35
Fair Value
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Fair Value Upside
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NICU Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
4.97
Upside
+90.29%
Members' Sentiments
Bearish
Bullish
ProTips
Stock price movements are quite volatile

Magna Mining Inc News & Analysis

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Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Sell
Technical Indicators
Strong Sell
Moving Averages
Strong Sell

Analyst Ratings

3 Buy
0 Hold
0 Sell
Ratings:
3 analysts
Overall Consensus
Strong Buy

Analysts 12-Month Price Target:

Average 4.97
(+90.29% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Canaccord
Buy4.50+72.41%5.25Maintain20/07/2026
Canaccord
Buy6.00+129.89%6.50Maintain21/04/2026
Canaccord Genuity
Buy7.00+168.20%5.00Maintain14/01/2026
Canaccord Genuity
Buy5.00+91.57%-Maintain24/10/2025
Desjardins
Buy4.70+80.08%3.75Maintain02/10/2025

Magna Mining Inc Earnings Call Summary for Q2/2026

  • Magna Mining posted record Q2 production of 98,446 short tons and turned operating cash flow positive at CAD 8.9M despite a $0.03 per share loss.
  • Cash margin improved 33% sequentially to CAD 8.9M; company ended quarter with CAD 40M cash and CAD 45.3M working capital, up from prior quarter.
  • Management confirmed on track to meet 2026 guidance; expects Levack PEA in mid-September and Crean Hill pre-feasibility study by late September.
  • CAD 140M strategic investment from Alpayana under consideration to fund simultaneous development of Levack and Crean Hill growth projects.
  • Shares fell 1.82% to $2.70 post-earnings; treatment charges expected to normalize in H2 2026 after temporary contract-related increases.
Last Updated: 13/08/2026, 14:46
Read Full Transcript

Earnings

Latest Release
12/08/2026
EPS / Forecast
-0.03 / --
Revenue / Forecast
29.73M / --
EPS Revisions
Last 90 days

Compare NICU to Peers and Sector

Metrics to compare
NICU
Peers
Sector
Relationship
P/E Ratio
−20.3x17.5x4.4x
PEG Ratio
0.080.070.00
Price/Book
7.9x2.5x1.6x
Price / LTM Sales
7.2x5.6x1.3x
Upside (Analyst Target)
80.1%20.0%32.5%
Fair Value Upside
Unlock−4.4%0.9%Unlock

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, Shakespeare, Hyman, and Baldwin Townships in Sudbury, Canada; and the 100%-owned Crean Hill mine located in Sudbury, Canada. Magna Mining Inc. was founded in 2016 and is headquartered in Sudbury, Canada.

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
39.39M15.70%107.14M
Other Institutional Investors
107.46M42.83%292.29M
Public Companies & Retail Investors
104.04M41.47%282.99M
Total
250.89M100.00%682.43M

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
Dundee Corporation18.73%46,984,577127,798
Dundee Resources Limited16.95%42,526,568115,672

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FAQ

What Is the Magna Mining (Toronto: NICU) Share Price Today?

The Magna Mining stock price today is 2.61 CAD.

What Stock Exchange Does Magna Mining (NICU) Trade On?

Magna Mining is listed and trades on the Toronto Stock Exchange.

What Is the Ticker (Stock Symbol) for Magna Mining?

The stock symbol (also called a 'ticker') for Magna Mining is "NICU."

What Is the Current Magna Mining Market Capitalisation?

As of today, Magna Mining (Toronto: NICU) market cap is 682.43M CAD.

What Is Magna Mining's (NICU) Earnings Per Share (TTM)?

The Magna Mining EPS is currently -0.14 (Trailing Twelve Months).

When Is the Next Magna Mining Earnings Date?

Magna Mining's next earnings report will be released on 25/11/2026.

Is NICU a Buy or Sell From a Technical Analyst Perspective?

Based on today's Magna Mining moving averages and other technical indicators, the daily buy/sell signal for NICU stock is Buy.

How Many Times Has Magna Mining Stock Split?

Magna Mining has split 1 times. (See the NICU stock split history page for full effective split date and price information.)

What is the current trading status of Magna Mining (Toronto: NICU)?

As of 31/08/2026, Magna Mining (NICU) is trading at a share price of 2.61 CAD, with a previous close of 2.72 CAD. The stock has fluctuated within a day range of 2.59 CAD to 2.77 CAD, while its 52-week range spans from 1.88 CAD to 3.94 CAD.

What Is Magna Mining (NICU) Price Target According to Analysts?

The average 12-month price target for Magna Mining is 4.97 CAD, with a high estimate of 5.5 CAD and a low estimate of 4.5 CAD. 3 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Strong Buy. The stock has an +90.29% Upside potential.
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