Magmatic Resources Ltd

AU:MAG Australia Gold
Market Cap
$12.13 Million
AU$19.59 Million AUD
Market Cap Rank
#31106 Global
#947 in Australia
Share Price
AU$0.04
Change (1 day)
+0.00%
52-Week Range
AU$0.03 - AU$0.08
All Time High
AU$0.38
Categories
Companies in Australia Gold
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.

Magmatic Resources Ltd (MAG) - Net Assets

Latest net assets as of June 2025: AU$7.48 Million AUD

Based on the latest financial reports, Magmatic Resources Ltd (MAG) has net assets worth AU$7.48 Million AUD as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$8.78 Million) and total liabilities (AU$1.30 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets AU$7.48 Million
% of Total Assets 85.18%
Annual Growth Rate -8.36%
5-Year Change -0.56%
10-Year Change 99.91%
Growth Volatility 115.3

Magmatic Resources Ltd - Net Assets Trend (2002–2025)

This chart illustrates how Magmatic Resources Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Magmatic Resources Ltd (2002–2025)

The table below shows the annual net assets of Magmatic Resources Ltd from 2002 to 2025.

Year Net Assets Change
2025-06-30 AU$7.48 Million -19.62%
2024-06-30 AU$9.30 Million +114.29%
2023-06-30 AU$4.34 Million -35.51%
2022-06-30 AU$6.73 Million -10.47%
2021-06-30 AU$7.52 Million +29.35%
2020-06-30 AU$5.81 Million +385.92%
2019-06-30 AU$1.20 Million -45.76%
2018-06-30 AU$2.21 Million -48.28%
2017-06-30 AU$4.26 Million +14.01%
2016-12-31 AU$3.74 Million +1102.80%
2016-06-30 AU$-372.98K -119.60%
2015-06-30 AU$-169.85K -1205.01%
2014-06-30 AU$-13.02K -100.02%
2005-06-30 AU$59.12 Million -1.34%
2004-06-30 AU$59.92 Million +1.43%
2003-06-30 AU$59.07 Million +5.95%
2002-06-30 AU$55.75 Million --

Equity Component Analysis

This analysis shows how different components contribute to Magmatic Resources Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have decreased by 281.4% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2025)

Component Amount Percentage
Common Stock AU$29.43 Million 393.54%
Other Comprehensive Income AU$5.72 Million 76.45%
Other Components AU$1.00 0.00%
Total Equity AU$7.48 Million 100.00%

Magmatic Resources Ltd Competitors by Market Cap

The table below lists competitors of Magmatic Resources Ltd ranked by their market capitalization.

Company Market Cap
Superior Resources Ltd
AU:SPQ
 		$5.23 Million
REABOLD RESOURCES LS-001
F:AWL1
 		$5.23 Million
ISE Commerce Company Limited
KQ:069920
 		$5.23 Million
NINtec Systems Limited
NSE:NINSYS
 		$5.24 Million
PT Pulau Subur Tbk
JK:PTPS
 		$5.23 Million
Cathay Pacific Airways Limited
BE:CTY
 		$5.23 Million
Chai Communication Co.,LTD.
KQ:351870
 		$5.22 Million
Arinsiri Land Public Company Limited
BK:ARIN
 		$5.22 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Magmatic Resources Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 9,302,361 to 7,477,109, a change of -1,825,252 (-19.6%).
  • Net loss of 2,171,804 reduced equity.
  • Other comprehensive income decreased equity by 1,011,155.
  • Other factors increased equity by 1,357,707.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income AU$-2.17 Million -29.05%
Other Comprehensive Income AU$-1.01 Million -13.52%
Other Changes AU$1.36 Million +18.16%
Total Change AU$- -19.62%

Book Value vs Market Value Analysis

This analysis compares Magmatic Resources Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 2.18x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2014-06-30 AU$0.00 AU$0.04 x
2015-06-30 AU$0.00 AU$0.04 x
2016-06-30 AU$0.00 AU$0.04 x
2017-06-30 AU$0.07 AU$0.04 x
2018-06-30 AU$0.03 AU$0.04 x
2019-06-30 AU$0.01 AU$0.04 x
2020-06-30 AU$0.04 AU$0.04 x
2021-06-30 AU$0.03 AU$0.04 x
2022-06-30 AU$0.03 AU$0.04 x
2023-06-30 AU$0.02 AU$0.04 x
2024-06-30 AU$0.02 AU$0.04 x
2025-06-30 AU$0.02 AU$0.04 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Magmatic Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): -29.05%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -459.25%
  • • Asset Turnover: 0.05x
  • • Equity Multiplier: 1.17x
  • Recent ROE (-29.05%) is above the historical average (-43.44%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2002 3.19% 7.39% 0.33x 1.32x AU$-3.79 Million
2003 5.62% 13.62% 0.32x 1.28x AU$-2.59 Million
2004 5.31% 12.73% 0.34x 1.23x AU$-2.81 Million
2005 2.59% 5.27% 0.42x 1.19x AU$-4.38 Million
2014 0.00% -16601.27% 0.00x 0.00x AU$-51.16K
2015 0.00% -42974.52% 0.01x 0.00x AU$-139.87K
2016 0.00% -195192.31% 0.00x 0.00x AU$-165.70K
2017 -88.97% -36098.95% 0.00x 1.09x AU$-4.22 Million
2018 -114.89% -1171.14% 0.08x 1.30x AU$-2.75 Million
2019 -166.61% -2154.81% 0.04x 1.75x AU$-2.11 Million
2020 -74.28% -1696.73% 0.04x 1.07x AU$-4.90 Million
2021 15.80% 3693.15% 0.00x 1.14x AU$436.11K
2022 -44.85% -5169.76% 0.01x 1.06x AU$-3.69 Million
2023 -172.56% -13846.84% 0.01x 1.11x AU$-7.93 Million
2024 -36.35% -3766.25% 0.01x 1.12x AU$-4.31 Million
2025 -29.05% -459.25% 0.05x 1.17x AU$-2.92 Million

Industry Comparison

This section compares Magmatic Resources Ltd's net assets metrics with peer companies in the Gold industry.

Industry Context

  • Industry: Gold
  • Average net assets among peers: $23,959,302
  • Average return on equity (ROE) among peers: -1270.28%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Magmatic Resources Ltd (MAG) AU$7.48 Million 3.19% 0.17x $5.23 Million
Australasian Metals Ltd (A8G) $5.85 Million -16.53% 0.05x $1.25 Million
Ariana Resources Plc (AA2) $21.37 Million -1.02% 0.03x $43.13 Million
Aruma Resources Ltd (AAJ) $1.10 Million -25.68% 0.39x $2.13 Million
Astral Resources NL (AAR) $4.81K -12574.39% 0.18x $138.29 Million
Adelong Gold Ltd (ADG) $911.18K -70.31% 0.11x $6.07 Million
Ardiden Ltd (ADV) $5.54 Million -12.67% 0.11x $10.37 Million
Ark Mines Ltd (AHK) $-7.71 Million 0.00% 0.00x $8.35 Million
Aureka Ltd (AKA) $28.36 Million 9.46% 0.19x $6.23 Million
Alkane Resources Ltd (ALK) $174.22 Million -3.54% 0.15x $203.33 Million
Alchemy Resources Ltd (ALY) $9.94 Million -8.10% 0.02x $4.22 Million