Magmatic Resources Ltd (AU:MAG) — Market Cap & Net Worth
Market Cap & Net Worth: Magmatic Resources Ltd (MAG)
Magmatic Resources Ltd (AU:MAG) has a market capitalization of $9.95 Million (AU$14.06 Million) as of May 5, 2026. Listed on the AU stock exchange, this Australia-based company holds position #26889 globally and #1341 in its home market, demonstrating a -9.68% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Magmatic Resources Ltd's stock price AU$0.03 by its total outstanding shares 502231042 (502.23 Million). Analyse how efficiently does Magmatic Resources Ltd generate cash to see how efficiently the company converts income to cash.
Magmatic Resources Ltd Market Cap History: 2017 to 2026
Magmatic Resources Ltd's market capitalization history from 2017 to 2026. Data shows change from $31.45 Million to $9.95 Million (-17.31% CAGR).
Magmatic Resources Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Magmatic Resources Ltd's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
39.83x
Magmatic Resources Ltd's market cap is 39.83 times its annual revenue
Latest Price to Earnings (P/E) Ratio
N/A
P/E ratio not applicable due to negative or zero earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2017 | $31.45 Million | $10.51K | -$3.79 Million | 2992.33x | N/A |
| 2018 | $8.92 Million | $216.37K | -$2.53 Million | 41.22x | N/A |
| 2019 | $65.42 Million | $92.49K | -$1.99 Million | 707.32x | N/A |
| 2020 | $58.63 Million | $254.49K | -$4.32 Million | 230.40x | N/A |
| 2021 | $35.18 Million | $32.17K | $1.19 Million | 1093.65x | 29.61x |
| 2022 | $33.05 Million | $58.40K | -$3.02 Million | 565.92x | N/A |
| 2023 | $17.41 Million | $54.10K | -$7.49 Million | 321.87x | N/A |
| 2024 | $10.66 Million | $89.77K | -$3.38 Million | 118.76x | N/A |
| 2025 | $18.83 Million | $472.91K | -$2.17 Million | 39.83x | N/A |
Competitor Companies of MAG by Market Capitalization
Companies near Magmatic Resources Ltd in the global market cap rankings as of May 5, 2026.
Key companies related to Magmatic Resources Ltd by market ranking:
- Newmont Goldcorp Corp (NYSE:NEM): Ranked #196 globally with a market cap of $118.22 Billion USD.
- Newmont Corporation (AU:NEM): Ranked #203 globally with a market cap of $115.54 Billion USD ( AU$163.29 Billion AUD).
- Zijin Mining Group Co Ltd Class A (SHG:601899): Ranked #241 globally with a market cap of $100.38 Billion USD ( CN¥686.01 Billion CNY).
- Agnico Eagle Mines Limited (TO:AEM): Ranked #291 globally with a market cap of $88.70 Billion USD ( CA$122.61 Billion CAD).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #196 | Newmont Goldcorp Corp | NYSE:NEM | $118.22 Billion | $108.33 |
| #203 | Newmont Corporation | AU:NEM | $115.54 Billion | AU$151.20 |
| #241 | Zijin Mining Group Co Ltd Class A | SHG:601899 | $100.38 Billion | CN¥33.30 |
| #291 | Agnico Eagle Mines Limited | TO:AEM | $88.70 Billion | CA$244.74 |
Magmatic Resources Ltd Historical Marketcap From 2017 to 2026
Between 2017 and today, Magmatic Resources Ltd's market cap moved from $31.45 Million to $ 9.95 Million, with a yearly change of -17.31%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | AU$9.95 Million | -47.17% |
| 2025 | AU$18.83 Million | +76.67% |
| 2024 | AU$10.66 Million | -38.78% |
| 2023 | AU$17.41 Million | -47.31% |
| 2022 | AU$33.05 Million | -6.06% |
| 2021 | AU$35.18 Million | -40.00% |
| 2020 | AU$58.63 Million | -10.37% |
| 2019 | AU$65.42 Million | +633.47% |
| 2018 | AU$8.92 Million | -71.64% |
| 2017 | AU$31.45 Million | -- |
End of Day Market Cap According to Different Sources
On May 5th, 2026 the market cap of Magmatic Resources Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $9.95 Million USD |
| MoneyControl | $9.95 Million USD |
| MarketWatch | $9.95 Million USD |
| marketcap.company | $9.95 Million USD |
| Reuters | $9.95 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Magmatic Resources Ltd
Magmatic Resources Limited engages in the development and exploration of mineral properties in Australia. The company explores for gold and copper deposits. The company was incorporated in 2016 and is headquartered in Orange, Australia.