Added to YB: 2025-02-04
Pitch date: 2025-02-03
NICU.V [bullish]
Magna Mining Inc.
+53.53%
current return
Author Info
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Company Info
Magna Mining Inc. engages in the acquisition, exploration, and development of mineral properties in Canada.
Market Cap
CAD 336.5M
Pitch Price
CAD 1.70
Price Target
2.94 (+13%)
Dividend
N/A
EV/EBITDA
-19.96
P/E
-20.14
EV/Sales
N/A
Sector
Metals and Mining
Category
growth
Show full summary:
A Canadian Nickel Junior Rollup: Magna Mining $NICU.V
NICU.V: Junior miner in Sudbury Basin. 15 properties, 1 producing mine. Plan to double production in 2 years for 40M CAD annual cash flow. 30M CAD drilling program. 48M tons ore indicated. Management aims to build attractive asset for majors. 2026 PT: 2.94 CAD (+71%). 2031 PT: 17.09 CAD (10x). Risks: exploration success, metal prices.
Read full article (7 min)