Magmatic Resources Ltd (ASX: MAG) Share Price and News

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Magmatic Resources Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $17.10 million
P/E Ratio 23.75
Dividend Yield 0.00%
Shares Outstanding 417.05 million
Earnings per share -0.021
Dividend per share N/A
Year To Date Return 22.45%
Earnings Yield 4.21%
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as at 24 Feb 3:44pm

  • Magmatic Resources Ltd (ASX: MAG)
    Latest News

    two young mining apprentices wearing their high visibility gear and hard hats stand together smiling.
    Resources Shares

    Guess which ASX mining share is rocketing 78% on a JV agreement with Fortescue

    The junior ASX miner has secured a JV agreement with mining giant Fortescue.

    Read more »

    Happy woman miner with her thumb up signalling Wyloo's commitment to back IGO's takeover of Western Areas nickel
    Materials Shares

    Two ASX mining shares soaring by 20% today

    Why are these explorers exploding on Thursday? Let's take a look.

    Read more »

    Two smiling men in high visibility vests and yellow hardhats stand side by side with a large mound of earth and mining equipment behind them smiling as the Carnaby Resources share price rises today
    Materials Shares

    2 ASX mining shares that rocketed between 16% and 108% on Tuesday

    What did these two explorers reveal today?

    Read more »

    MAG ASX Announcements

    An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.

    DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
    YesNo

    About Magmatic Resources Ltd

    Magmatic Resources Ltd is an Australian focused mineral exploration company. The projects include Wellington North Gold and Copper-Gold Project, Parkes Project, Myall Gold-Copper Project, and Base Metals Project It operates in one segment being gold exploration projects in Australia.

    MAG Share Price History Data provided by Morningstar.

    Data provided by Morningstar.
    Date Close Change % Change Volume Open High Low
    21 Nov 2024 $0.04 $0.00 0.00% 125,291 $0.04 $0.04 $0.04
    20 Nov 2024 $0.04 $-0.01 -20.41% 275,779 $0.05 $0.05 $0.04
    19 Nov 2024 $0.05 $0.01 22.73% 392,197 $0.05 $0.05 $0.04
    18 Nov 2024 $0.04 $0.01 26.32% 66,060 $0.04 $0.04 $0.04
    15 Nov 2024 $0.04 $0.00 0.00% 1,454,684 $0.04 $0.04 $0.04
    14 Nov 2024 $0.04 $0.00 0.00% 201,738 $0.04 $0.04 $0.04
    13 Nov 2024 $0.04 $0.00 0.00% 2,445,256 $0.04 $0.04 $0.04
    12 Nov 2024 $0.04 $0.00 0.00% 30,000 $0.04 $0.04 $0.04
    11 Nov 2024 $0.04 $0.00 0.00% 259,311 $0.05 $0.05 $0.04
    08 Nov 2024 $0.04 $0.00 0.00% 4,338 $0.04 $0.04 $0.04
    07 Nov 2024 $0.04 $0.00 0.00% 477,604 $0.04 $0.04 $0.04
    06 Nov 2024 $0.04 $0.00 0.00% 617,458 $0.04 $0.04 $0.04
    05 Nov 2024 $0.05 $0.00 0.00% 275,082 $0.05 $0.05 $0.05
    04 Nov 2024 $0.05 $0.00 0.00% 340,732 $0.05 $0.05 $0.05
    01 Nov 2024 $0.05 $0.00 0.00% 1,437,804 $0.05 $0.05 $0.05
    31 Oct 2024 $0.05 $0.00 0.00% 362,189 $0.05 $0.05 $0.05
    30 Oct 2024 $0.05 $0.00 0.00% 1,462,407 $0.05 $0.05 $0.05
    29 Oct 2024 $0.05 $-0.01 -17.86% 989,979 $0.05 $0.05 $0.05
    28 Oct 2024 $0.06 $0.00 0.00% 226,109 $0.06 $0.06 $0.05
    25 Oct 2024 $0.06 $0.00 0.00% 100,472 $0.06 $0.06 $0.06
    24 Oct 2024 $0.06 $0.00 0.00% 155,040 $0.06 $0.06 $0.06
    23 Oct 2024 $0.06 $0.00 0.00% 135,334 $0.06 $0.06 $0.06

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    13 Jun 2024 Adam McKinnon Buy 165,680 $9,985
    On-market trade.
    22 Mar 2024 Adam McKinnon Buy 130,000 $11,699
    On-market trade.

    Directors & Management Data provided by Morningstar.

    Data provided by Morningstar.
    Name Title Start Date Profile
    Mr David Wallace Berrie Non-Executive DirectorNon-Executive Chairman Oct 2016
    Mr. Berrie has over 30 years' experience in the mining industry. Mr Berrie worked as a solicitor in the mining team at Clayton Utz before joining the international mining house Western Mining Corporation in 1987 with much of that time spent in the exploration division before transitioning over to BHP Billiton. Mr Berrie has public company experience. Mr Berrie is member of the Risk Committee.
    Mr David John Richardson Executive DirectorExecutive ChairmanManaging Director Oct 2016
    Mr Richardson has international corporate experience holding senior executive roles in Australia and Asia with organisations including Pacific Dunlop and Amcor. As founder of Magmatic in 2014, he led the purchase of four Gold Fields Ltds advanced Gold-Copper exploration projects in NSW, and listed MAG in 2017.
    Mr Malcolm Norris Non-Executive Director Oct 2024
    Mr Norris is a senior mining industry professional with experience in business management, asset transactions and exploration, with a focus on porphyry copper-gold discovery and development. Mr Norris has been involved in several world-class discoveries, including the Tujuh Bukit deposit in Indonesia and the Cascabel deposit in Ecuador. Recently he has led the Sunstone Metals discoveries at Bramaderos and El Palmar in Ecuador. Mr Norris is Non-executive Chairman of Sunstone Metals Ltd and his previous experience included 23 years with WMC Resources, and Managing Director roles of Sunstone Metals and London listed SolGold.
    Ms Christine Nicolau Non-Executive Director Oct 2024
    Ms Nicolau is General Manager Corporate Development LATAM at Fortescue and responsible for critical minerals growth across the South America region, including regional integration with Fortescues Energy business. In her previous role of Metals General Manager LATAM, Ms Nicolau coordinated Fortescus minerals business in Latin America, including exploration and project development. Ms Nicolau has been with Fortescue since 2010 and during this time has held a range of management positions, including Manager Corporate Development from September 2015 to 2018. Ms Nicolau has been a Director of TSX-listed Alta Copper Corp since 2021. Ms Nicolaus appointment is as the nominee director for substantial shareholder FMG Resources Pty Ltd (Fortescue Resources).
    Ms Andrea Betti Company Secretary Oct 2020
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    Ms Anthea Acomb Joint Company Secretary Nov 2024
    -
    Michael Franklin Chief Financial Officer
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    Andrea Betti Company Secretary
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    Anthea Acomb Joint Company Secretary
    -

    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    FMG Resources Pty Ltd 83,004,975 19.90%
    Bilingual Software Pty Ltd <Let'S Go Investment A/C> 36,668,823 8.79%
    Mr Ming Yiu Ko 30,800,000 7.39%
    Gold Fields Australia Pty Ltd 19,200,000 4.60%
    Davthea Pty Ltd <David Berrie S/F A/C> 14,029,044 3.36%
    Mr Marc David Harding 13,291,549 3.19%
    Mr David Richardson and Mrs Ryoko Richardson <D&R Richardson S/F A/C> 10,367,502 2.49%
    Gleneden Nominees Pty Ltd 7,200,000 1.73%
    Mr Nevres Crljenkovic 7,170,000 1.72%
    Mr Robert Anthony Healy 6,350,000 1.52%
    AG Investment Services Pty Ltd 4,700,000 1.13%
    Citicorp Nominees Pty Limited 4,427,723 1.06%
    Belgravia Strategic Equities Pty Ltd 3,000,000 0.72%
    Certane CT Pty Ltd <Argonaut Natural Res Fund> 2,941,176 0.71%
    Yeronda Nominees Pty Ltd <Carrington Eqity S/Fund A/C> 2,785,464 0.67%
    Kaos Investments Pty Limited 2,700,000 0.65%
    Mr William John Quaid 2,411,394 0.58%
    Mr Alan Goodfellow 2,185,294 0.52%
    Mr Binh Thanh Le 1,980,000 0.47%
    Gosojo Pty Ltd 1,965,000 0.47%

    Profile

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