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← CockpitCompetitor Analysis › NICU.TO Magna Mining IncOpen in the cockpit ↗

Magna Mining IncNICU.TOCompetitor analysis, valuation and peers

Canada · CAD·Materials›Other Metals/Minerals
Momentum laggard 15
Mkt cap
$429M
US dollars, full cap
Free float
59%
of shares outstanding
$/day
$715,952
20-day average traded
P/B
5.56×
price to book
ROE
-63.0%
delivered
Implied ROE
71.4%
what the price asks
Next earnings
19 days
25 Nov 2026
Close · CADC$1.92
1D+1.6%
1W0.0%
1M-20.3%
3M-28.4%
6M-15.4%
YTD-34.0%
1Y-17.9%
ATR %6.6%
52w lowhigh51.3% off high

What Magna Mining does

Employees: 239

Magna Mining at a glance

Size Magna Mining (NICU.TO) is a Canada Materials company (Other Metals/Minerals) with a market value of $429M, the 364th largest of 420 Canada companies the cockpit tracks. Shares closed at C$1.92 on 6 Nov 2026.

Performance Over six months the shares fell 15.4%, against -38.6% for the median peer and +5.2% for the Canada market (cap-weighted) — 6th highest of 21 in its peer set.

Growth Revenue grew 299.5% over the last twelve months (peer median +19.9%); the operating margin is -34.1% (peer median 7.6%).

Valuation It trades at 5.56× book value against a peer median of 1.76× (3rd most expensive of 21).

Price implies The share price implies a return on equity of about 71.4%; Magna Mining delivers -63.0%, so the price asks more than the business earns today.

Next results Next results expected around 25 Nov 2026 (exchange calendar; dates can move).

Relative performance

608010012011 May 202611 Aug 20266 Nov 2026NICU.TO 81Peer median 61
Six months, rebased to 100: Magna Mining against the median of its 20 peers (local-currency closes).

Magna Mining financials

Reported figures in CAD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueC$91.6MC$58.8MC$0C$0C$0
Revenue growth—————
Gross profit-C$6.63M-C$14.8M-C$106,209-C$88,582-C$50,062
EBITDA-C$14.9M-C$21.7M-C$19.9M-C$12.6M-C$22.3M
Net income-C$51.2M-C$17.0M-C$16.3M-C$9.72M-C$22.0M
Free cash flow-C$42.7M-C$45.3M-C$17.8M-C$10.6M-C$18.2M
Capital expenditureC$12.8MC$7.80MC$24,371C$81,773C$316,897
Total debtC$16.7MC$15.9MC$46,059C$42,054C$30,865

Quarterly statements and history in the cockpit →

Magna Mining competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-80%-60%-40%-20%0%-30%-20%-10%0%CAML001296PMETALOY001396300056G6MNBUAMYASHAPURMINIPIELVWA11374003833BOEREGARA9936LXFRNICU.TO6-month return →1-month return →
Up and to the right = strong over both horizons. Magna Mining is the large dot.

Fundamentals: return on equity against price-to-book

-100%-50%0%00×2.50×50×7.50×CAML001296ALOY001396300056G6MNBUAMYASHAPURMINIPIELVWA1REGNICU.TOReturn on equity →Price / book →
A bank or insurer earning more on its equity usually trades at a higher multiple of book; points far above the trend are priced for more. Magna Mining is the large dot.

Capital: ROE delivered against the ROE the price implies

0%200%400%600%0%250%500%750%CAML001296ALOY300056G6MWA1NICU.TOROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. Magna Mining is the large dot.

Magna Mining competitors and peer comparison

How Magna Mining compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Magna Mining against its 20 peers (data as of 6 Nov 2026)
MeasureNICU.TOPeer medianRank in peer set
1-month return-20.3%-14.8%7th lowest of 21
6-month return-15.4%-38.6%6th highest of 21
Return on equity-63.0%1.3%3rd lowest of 21
Price / book5.56×1.76×3rd most expensive of 21
ROE the price implies71.4%13.1%2nd most demanding of 21
ROE delivered-63.0%1.3%3rd lowest of 19

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthROEPrice / bookImplied ROEDelivered ROE
Magna Mining NICU.TOCanada$429M-15%+299%-63%5.56×71.4%-63.0%
Central Asia Metals CAML.LUnited Kingdom$430M-17%+23%-14%0.97×15.0%-13.8%
Chongqing Changjiang River Moulding Material (Group) 001296.SZChina$430M-16%-1%5%1.54×12.9%4.7%
PMET Resources PMET.TOCanada$431M-56%n/a-3%1.38×13.1%-3.0%
REalloys ALOYUnited States$427M-38%+21%-150%2.21×24.0%-150.2%
Shanghai Re.fine Environment Sci-tech 001396.SZChina$433M-42%+4%8%2.00×21.2%7.7%
Xiamen Zhongchuang Environmental Technology 300056.SZChina$434M-32%-12%-112%63.87×721.1%-111.9%
Group 6 Metals G6M.AXAustralia$424M-9%+508%198%3.94×19.1%197.6%
NioCorp Developments NBUnited States$423M-52%n/a-21%0.98×6.3%n/a
United States Antimony UAMYUnited States$422M-74%+36%-15%2.33×13.1%-14.9%
Ashapura Minechem ASHAPURMIN.NSIndia$421M-37%+63%28%2.41×40.7%n/a
Intrepid Potash IPIUnited States$443M-13%+5%2%0.84×9.0%2.1%
Elevra Lithium ELV.AXAustralia$445M-74%-8%9%0.61×13.1%9.4%
WA1 Resources WA1.AXAustralia$410M-51%n/a-2%2.71×49.1%-2.3%
People & Technology 137400.KSSouth Korea$408M-57%-18%12%0.76×6.5%12.3%
Xinjiang Xinxin Mining Industry 3833.HKHong Kong$457M-39%+20%7%0.55×8.2%6.7%
Boss Energy BOE.AXAustralia$403M0%+100%1%1.22×12.4%0.5%
Regulus Resources REG.VCanada$402M+15%n/a-4%8.32×26.3%-3.8%
Aclara Resources ARA.TOCanada$402M-50%n/a-5%1.98×12.9%-5.2%
Ximei Resources 9936.HKHong Kong$461M-40%+52%16%1.52×6.5%16.0%
Luxfer LXFRUnited States$463M+11%-9%4%2.09×18.6%4.2%

Questions

Which companies are Magna Mining's closest peers?
The cockpit's peer set: Central Asia Metals (CAML.L), Chongqing Changjiang River Moulding Material (Group) (001296.SZ), PMET Resources (PMET.TO), REalloys (ALOY), Shanghai Re.fine Environment Sci-tech (001396.SZ), Xiamen Zhongchuang Environmental Technology (300056.SZ), Group 6 Metals (G6M.AX), NioCorp Developments (NB).
Is Magna Mining expensive compared with its peers?
On price / book it trades at 5.56× against a peer median of 1.76×, 3rd most expensive of 21 in its peer set. The share price implies a return on equity of about 71.4%; Magna Mining delivers -63.0%, so the price asks more than the business earns today.
How has Magna Mining stock performed?
Over six months to 6 Nov 2026 the shares returned -15.4% against -38.6% for the median peer; over one year -17.9%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.