ASX:MAGMaterialsDiversified Metals & Mining
Magmatic Resources Ltd
$0.042
+$0.007 (+20.00%)
Day Range
$0.036 – $0.042
52 Week Range
$0.026 – $0.082
Volume
1.54M
Avg Volume (10D)
639.40K
Market Cap
$21.09M
Price Chart
Market Statistics
Open$0.036
Previous Close$0.035
Day High$0.042
Day Low$0.036
52 Week High$0.082
52 Week Low$0.026
Valuation
Market Cap21.09M
Shares Outstanding502.23M
Price to Book1.94
Trading Activity
Volume1.54M
Value Traded59.71K
Bid$0.040 × 54,882
Ask$0.042 × 20,903
Performance
1 Day2.94%
5 Day20.69%
13 Week-18.60%
52 Week2.94%
YTD-33.96%
Technical Indicators
RSI (14)68.51
50-Day SMA$0.032
200-Day SMA$0.048
Latest News
Mining & Resources
Magmatic Resources and Fortescue announce $14m JV to explore Myall’s copper-gold potential
The share price of Magmatic Resources (ASX: MAG) jumped more than 50% after it revealed it had executed a $14 million farm-in and joint venture agreement with FMG Resources Pty Ltd, a wholly-owned subsidiary of mining giant Fortescue (ASX: FMG), to explore the Myall copper-gold project in central-west New South Wales. Fortescue has also agreed […]
Mining & Resources
Magmatic Resources regains Parkes copper-gold project after Japan Oils and Gas Metals National Corporation pulls out
Magmatic Resources (ASX: MAG) advised the market this morning that Japan Oils and Gas Metals National Corporation (JOGMEC) has pulled out of the Parkes copper and gold joint venture after spending $2.7 million on advancing the asset over the past three years. The project is along strike of Alkane Resources’ (ASX: ALK) Tomingley mine and […]