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Industry: Other Industrial Metals & Mining
Sector: Basic Materials
Primary metal: Nickel
Magna Mining Inc. is a mining exploration and development company primarily focused on the acquisition and development of mining properties in the Sudbury region of Ontario, Canada. The company is dedicated to exploring and advancing nickel, copper, and platinum group metal projects, which are crucial for various industrial applications, including electrical vehicles, renewable energy infrastructure, and advanced technology manufacturing. Magna Mining Inc. operates with a commitment to sustainable practices, ensuring that its projects not only provide economic benefits but also adhere to environmental and community standards. The Sudbury area, being one of the largest nickel-producing regions in the world, offers significant potential for resource extraction and growth. As part of the mining sector, Magna Mining plays a vital role in supplying the raw materials necessary for technological advancements and energy transition initiatives globally. The company's focus on strategic resource development positions it as a significant player in the ongoing shift towards a more sustainable and electrified future.
Mr. Jason David Jessup M.B.A.
1300 Kelly Lake Road
Sudbury, ON P3E 5P4
Canada
705 482 9667
https://magnamining.com1 Week: -2.72%
1 Month: -7.74%
3 Months: -17.34%
This Year: 5.15%
1 Year: 68.24%
3 Years: 207.53%
5 Years: 0.00%
Symbol: NICUExchange: TSXVCurrency: CAD
52-week low: 0.65
52-week high: 1.86
50-day ma: 1.54
200-day ma: 1.32
Shares Short: 1,148,653
Short ratio: 2.61
Avg volume: 313,188
Beta: 2.53
291.05 M
194.91 M
(2024-12-31)
17.58 M
(2024-12-31)
0.05 M
-17.81 M
-13.75 M
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