Magmatic Resources Ltd Market Cap ($6.40 Million)

$6.40 Million USD  · AU$9.04 Million AUD  · Rank #27991

Market Cap & Net Worth: Magmatic Resources Ltd (MAG)

Magmatic Resources Ltd market cap. Magmatic Resources Ltd (AU:MAG) has a market capitalization of $6.40 Million (AU$9.04 Million) as of November 7, 2026. Listed on the AU stock exchange, this Australia-based company holds position #27991 globally and #1407 in its home market, demonstrating a -10.00% 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$0.02 by its total outstanding shares 502231042 (502.23 Million). Also see how efficiently does Magmatic Resources Ltd generate cash for how efficiently the company converts equity into cash flow.

Magmatic Resources Ltd Market Cap History (2017–2026)

Magmatic Resources Ltd market cap history from 2017 to 2026. Data shows change from $31.45 Million to $6.40 Million (-20.26% CAGR). Check today's stock price for Magmatic Resources Ltd for real-time trading data and today's change.

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. Explore Magmatic Resources Ltd (MAG) net asset momentum to track how rapidly the company is growing its equity base year over year.

Latest Price to Sales (P/S) Ratio

39.83x

Magmatic Resources Ltd's market cap is 39.83 times its annual revenue

Industry average: 168.23x Lower than industry average

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 November 7, 2026. Also see MAG total asset value for a full breakdown of the balance sheet.

Key companies related to Magmatic Resources Ltd by market ranking:

  • Newmont Corporation (AU:NEM): Ranked #178 globally with a market cap of $129.60 Billion USD ( AU$183.16 Billion AUD).
  • Newmont Goldcorp Corp (NYSE:NEM): Ranked #181 globally with a market cap of $127.40 Billion USD.
  • Agnico Eagle Mines Limited (TO:AEM): Ranked #252 globally with a market cap of $99.17 Billion USD ( CA$137.10 Billion CAD).
  • Zijin Mining Group Co Ltd Class A (SHG:601899): Ranked #313 globally with a market cap of $85.25 Billion USD ( CN¥582.59 Billion CNY).
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#178 Newmont Corporation AU:NEM $129.60 Billion AU$171.57
#181 Newmont Goldcorp Corp NYSE:NEM $127.40 Billion $120.91
#252 Agnico Eagle Mines Limited TO:AEM $99.17 Billion CA$270.75
#313 Zijin Mining Group Co Ltd Class A SHG:601899 $85.25 Billion CN¥28.28

Market Capitalization of Magmatic Resources Ltd (2017–2026)

Market capitalization of Magmatic Resources Ltd from 2017 to today. Between 2017 and today, Magmatic Resources Ltd's market cap moved from $31.45 Million to $ 6.40 Million, with a yearly change of -20.26%.

Year Market Cap Change (%)
2026 AU$6.40 Million -66.04%
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 Nov 7th, 2026 the market cap of Magmatic Resources Ltd was reported to be:

Source Market Cap
Yahoo Finance $6.40 Million USD
MoneyControl $6.40 Million USD
MarketWatch $6.40 Million USD
marketcap.company $6.40 Million USD
Reuters $6.40 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

AU:MAG Australia Gold
Market Cap
$6.40 Million
AU$9.04 Million AUD
Market Cap Rank
#27991 Global
#1407 in Australia
Share Price
AU$0.02
Change (1 day)
-5.26%
52-Week Range
AU$0.02 - AU$0.06
All Time High
AU$0.38
About

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.