# Magna Mining Inc. (NICU.TO) fundamentals

Data as of 2026-11-04. TSX, Canada. Sector: Basic Materials / Mining & Metals. Price C$1.91, market value C$598 million.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Magna Mining Inc. reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **PEG: 0.95**. A PEG of 0.95 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 6.1×**. Each dollar of revenue is priced at 6.1×.
- **Price / book: 5.5×**. The shares trade at 5.5× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **Free-cash-flow yield: -6.7%** (5-yr avg -12.8%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.

## Profitability
- **Gross margin: 12.1%**. Magna Mining Inc. keeps 12.1% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: -31.6%**. Operating margin is negative: the business loses money before interest and tax.
- **Net margin: -26.1%**. The company reported a net loss over the last twelve months.
- **Return on equity: -17.2%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: -47.8%**. Return on all capital, debt included, is -47.8%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: -26.3%**. Each dollar of assets produces -26.3% of profit.

## Growth
- **EPS growth (1 yr): 20.0%**. Earnings per share rose 20.0%.

## Financial health
- **Debt to equity: 0.16**. Debt is 0.16 times equity: a conservative balance sheet.
- **Net debt / EBITDA: 1.3×**. It would take 1.3 years of operating earnings to repay net borrowings, within the comfortable range.
- **Interest coverage: -3.6×**. Operating profit covers interest only -3.6×: fragile.
- **Current ratio: 3.15** (quick 2.97). Current assets cover the next year's liabilities 3.15 times.
- **Altman Z-score: 4.65**. A Z-score of 4.65 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 1/9**. 1 of 9 checks pass: weak or deteriorating financials.

## Dividends
- **Dividend: none**. Magna Mining Inc. does not currently pay a dividend.

## Analyst view
- **Analyst consensus: strong_buy** (4 analysts). 4 analysts cover Magna Mining Inc.; the consensus is strong_buy, with an average price target of C$4.85 (+154% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): -25.0%** (YTD -34.0%, 3-mo -12.7%). The shares are down 25.0% over twelve months including dividends.
- **From 52-week high: -51.5%** (4.9% above the low). Trading 52% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 33**. An RSI of 33 is neutral.
- **Beta (1 yr): 2.61** (volatility 67%). Beta of 2.61 against the S&P/TSX Composite: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=NICU.TO · Page: https://foliofundamentals.com/stocks/nicu.to

Not investment advice.