Magnum Mining and Exploration Limited engages in the exploration and evaluation of mineral properties. The company owns a 74% interest in the Gravelotte emerald project located in the Limpopo province of South Africa. It has an agreement to acquire a 100% interest in the Buena Vista iron ore project located in Nevada, United States. The company was incorporated in 1986 and is based in Sydney, Australia.
General Outlook
In simple terms, Magnum Mining and Exploration Limited has 803.861 M shares that people are buying and selling right now. When we look at how much money they make before expenses, they keep 1.000% as profit. This shows they're good at controlling costs and are financially stable. Their operating profit, which is money made from regular business activities, is -116.144%. This means they run their business efficiently. Lastly, after paying all their bills, they still have a profit of -145.476%. This tells us they're good at keeping money after all costs.
Return on Investments
The company's asset efficiency, represented by a robust -0.389% return, is a testament to Magnum Mining and Exploration Limited's adeptness in optimizing resource deployment. Magnum Mining and Exploration Limited's utilization of its assets to generate profits is strikingly evident through a noteworthy return on equity of -0.454%. Furthermore, the proficiency of Magnum Mining and Exploration Limited in capital utilization is underscored by a remarkable -0.345% return on capital employed.
Stock Prices
Magnum Mining and Exploration Limited's stock prices have been subject to undulating patterns. The peak stock value during this interval surged to $0.028, while its low point bottomed out at $0.027. This variance in figures offers investors a lucid insight into the roller-coaster ride that is Magnum Mining and Exploration Limited's stock market.
Trusted project
“All information displayed on the site is verified. High quality project and financial performance”