Magellan Gold Corporation (MAGE)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Magellan Gold Corporation (MAGE) trades at $0.14 with AI Score 51/100 (Grade B). Magellan Gold Corporation is an exploration stage company focused on acquiring, exploring, and developing mineral resources, primarily gold, in Idaho. Market cap: $3.96M, Sector: Basic materials.
Price live · AI analysis from Mar 16, 2026Analyst Coverage for MAGE: MAGE does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates MAGE against Basic Materials peers across nine fundamental dimensions and assigns a mixed fundamental profile based on the underlying data.
MAGE: 3/7 perspectives are bearish. Dominant signal: Ken Griffin bearish.
How is this calculated? →Magellan Gold Corporation (MAGE) Materials & Commodity Exposure
Magellan Gold Corporation, an exploration stage company in the basic materials sector, focuses on acquiring and developing gold mineral resources in Idaho. Its primary asset, the Center Star Gold Mine, positions it within the competitive landscape of precious metal exploration and development companies, with a market capitalization of $3.96M.
What Is the Investment Thesis for MAGE?
Magellan Gold Corporation presents a speculative investment opportunity due to its exploration stage status and focus on gold projects in Idaho. The company's primary value driver is the potential development of the Center Star Gold Mine. Key catalysts include successful exploration results, securing necessary permits, and attracting financing for mine development. The company's market capitalization is $0.01 billion. A significant risk factor is the inherent uncertainty associated with mineral exploration and development, including fluctuating gold prices and regulatory hurdles. The company's negative P/E ratio of -6.27 reflects its current lack of profitability. Investors should carefully consider the risks and uncertainties associated with exploration stage companies before investing.
Based on FMP financials and quantitative analysis
MAGE Key Highlights
- Magellan Gold Corporation operates in the exploration stage, focusing on acquiring and developing mineral resources in Idaho.
- The company's flagship project is the 100% owned Center Star Gold Mine, consisting of 620 acres near Elk City, Idaho.
- Magellan Gold Corporation's market capitalization is $0.01 billion.
- The company's P/E ratio is -6.27, reflecting its current lack of profitability.
- Magellan Gold Corporation's beta is 1.31, indicating higher volatility compared to the market.
Who Are MAGE's Competitors?
MAGE is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| BDGCF EMC Gold Corporation | $0.05 | +0.00% | $5.54M | 44 |
| CFTN Clifton Mining Company | $0.17 | +0.00% | $9.40M | 45 |
| MTA Metalla Royalty & Streaming Ltd. acquires and manages precious metal royalties and streams, focusing on gold and silver. The company | $7.48 | -2.09% | $698.95M | 68 |
| EMPYF Empress Royalty Corp. | $0.61 | -9.31% | $80.81M | 66 |
| ARIS Aris Mining Corporation | $15.89 | -0.69% | $3.28B | 65 |
| BVN Compañía de Minas Buenaventura S.A.A. is involved in the exploration, mining development, processing, and trading of precious and base metals. The company | $29.86 | +0.49% | $7.59B | 65 |
| ELE Elemental Royalty Corporation | $16.99 | -0.71% | $1.09B | 51 |
| DYNR DynaResource, Inc. | $0.40 | -11.11% | $11.73M | 51 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are MAGE's Key Strengths?
- 100% ownership of Center Star Gold Mine
- Strategic location in Idaho
- Experienced management team
- Potential for resource expansion
What Are MAGE's Weaknesses?
- Exploration stage company with no current revenue
- Dependence on financing for exploration and development
- Limited operating history
- High risk associated with mineral exploration
What Could Drive MAGE Stock Higher?
- Exploration results from the Center Star Gold Mine could reveal new mineral resources and increase investor interest.
- Securing permits for mine development would be a significant milestone and could attract financing.
- Fluctuations in gold prices can impact the company's valuation and investor sentiment.
- Successful acquisition of additional mineral properties could diversify the company's portfolio and provide new growth opportunities.
- Strategic partnerships and joint ventures could provide access to additional capital and expertise.
What Are the Key Risks for MAGE?
- Weak fundamentals — a Piotroski F-Score of 1/9 flags soft profitability, leverage or efficiency.
- Uncertainty in mineral exploration results could lead to project delays or abandonment.
- Environmental regulations could increase operating costs and restrict mining activities.
- Competition from other mining companies could make it difficult to acquire new properties and attract investment.
- Fluctuations in gold prices can negatively impact the company's profitability and valuation.
- Dependence on financing for exploration and development creates vulnerability to market conditions.
What Are the Growth Opportunities for MAGE?
- Expansion of Center Star Gold Mine: Magellan Gold Corporation has the opportunity to expand the Center Star Gold Mine through further exploration and resource definition. Additional drilling and geological studies could potentially increase the mine's resource base, extending its lifespan and increasing its economic viability. The timeline for this expansion depends on the results of exploration activities and the availability of funding. Success in this area could significantly enhance the company's value and attract further investment.
- Acquisition of Additional Mineral Properties: Magellan Gold Corporation can pursue growth through the acquisition of additional mineral properties in Idaho or other Western states. Strategic acquisitions of promising exploration projects or near-production assets could diversify the company's portfolio and reduce its reliance on the Center Star Gold Mine. The timeline for acquisitions depends on market conditions and the availability of suitable targets. Successful acquisitions could provide new growth opportunities and enhance the company's long-term prospects.
- Strategic Partnerships and Joint Ventures: Magellan Gold Corporation can explore strategic partnerships and joint ventures with other mining companies or investors. These partnerships could provide access to additional capital, technical expertise, and market access. Joint ventures could also allow the company to share the risks and rewards of developing new mining projects. The timeline for partnerships and joint ventures depends on the availability of suitable partners and the negotiation of mutually beneficial agreements. Such collaborations could accelerate the company's growth and development plans.
- Advancements in Mining Technology: Magellan Gold Corporation can leverage advancements in mining technology to improve its operational efficiency and reduce costs. Implementing innovative mining techniques, such as automated drilling and remote sensing, could enhance productivity and minimize environmental impact. The timeline for adopting new technologies depends on their availability and cost-effectiveness. Embracing technological advancements could give the company a competitive edge and improve its financial performance.
- Increased Gold Prices: Magellan Gold Corporation's growth prospects are closely tied to the price of gold. A sustained increase in gold prices would improve the economics of its projects and make them more attractive to investors. Higher gold prices would also increase the value of its existing mineral resources and potentially lead to increased exploration activity. While the company cannot directly control gold prices, it can position itself to benefit from favorable market conditions. The timeline for realizing the benefits of higher gold prices depends on market trends and the company's ability to capitalize on them.
What Opportunities Does MAGE Have?
- Expansion of Center Star Gold Mine resource
- Acquisition of additional mineral properties
- Strategic partnerships and joint ventures
- Advancements in mining technology
What Threats Does MAGE Face?
- Fluctuations in gold prices
- Environmental regulations
- Competition from other mining companies
- Uncertainty in mineral exploration results
What Are MAGE's Competitive Advantages?
- Geographic focus on Idaho
- Ownership of the Center Star Gold Mine
- Expertise in mineral exploration and development
- Early-stage positioning in a potentially valuable resource
What Does MAGE Do?
Magellan Gold Corporation, incorporated in 2010 and headquartered in Wallace, Idaho, is an exploration stage company dedicated to the acquisition, exploration, and development of mineral resources. The company's primary focus is on gold projects within the state of Idaho. Magellan Gold's flagship project is the 100% owned Center Star Gold Mine, which comprises 31 unpatented lode claims totaling 620 acres. This property is strategically located near Elk City, Idaho, an area known for its historical gold mining activity. The company aims to build a portfolio of operating gold mines in the Western United States, concentrating its efforts on regions with proven mineral potential. Magellan Gold operates in the other precious metals industry, a segment of the basic materials sector. As an exploration stage company, it is currently focused on identifying and developing viable mineral deposits, with the ultimate goal of establishing operating mines. The company's success depends on its ability to discover economically recoverable mineral resources, secure necessary permits and financing, and successfully develop and operate mining facilities.
What Products and Services Does MAGE Offer?
- Acquires mineral resource properties
- Explores for gold and other precious metals
- Develops mineral resources
- Focuses on projects in Idaho
- Aims to build operating gold mines in the Western United States
- Manages the Center Star Gold Mine project
How Does MAGE Make Money?
- Acquires mineral rights and leases
- Conducts exploration activities to identify mineral deposits
- Seeks to develop identified resources into operating mines
- Generates revenue through the sale of extracted minerals (future)
What Industry Does MAGE Operate In?
Magellan Gold Corporation operates within the other precious metals industry, a segment of the basic materials sector. This industry is characterized by high risk and high potential reward, as exploration companies seek to discover and develop economically viable mineral deposits. The market is influenced by global gold prices, geopolitical factors, and environmental regulations. Competitors include other exploration and mining companies, such as BDGCF, BXXRF, CFTN, GGLXF, and HWKDF, all vying for resources and investment in the Western United States. The industry is subject to cyclical trends, with periods of increased investment and activity driven by rising gold prices and positive market sentiment.
Who Are MAGE's Key Customers?
- Not applicable at this exploration stage
- Potential future customers would be gold refiners and industrial users
- Investors and shareholders
Company Profile
Magellan Gold Corporation operates in the Other Precious Metals industry within the Basic Materials sector. It is headquartered in Wallace, US. The company is led by CEO Michael Lavigne. MAGE has traded publicly since 2012.
How Magellan Gold Corporation Is Valued
Magellan Gold Corporation carries a market capitalization of $3.96M, placing it in the micro-cap category. Relative to its peer group, MAGE's quantitative score of 51/100 is roughly in line with the peer average of 58/100.
ROE 20%Key Financial Metrics
Return on equity for Magellan Gold Corporation stands at 20.3%, a gauge of how efficiently it converts shareholder capital into profit. Its free cash flow yield is -0.5%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.00 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is -10.1%, the inverse of the P/E and a quick read on earnings relative to price.
F-Score 1/9Financial Health
Magellan Gold Corporation's Piotroski F-Score is 1/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny.
Net sellingInsider Activity
The most recent 10 insider filings for Magellan Gold Corporation break down as 5 sales and 5 purchases. On net that is roughly 1.7M shares disposed (about $151K), a signal worth weighing alongside the fundamentals.
MAGE Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Recent insider buying could signal confidence in MAGE's future prospects, suggesting those with inside knowledge believe the stock is undervalued.
- Positive sentiment within the social trading community indicates growing optimism about MAGE's potential projects or developments.
- Increased bullish mentions online suggest a shift in market perception, possibly driven by recent news or rumors surrounding the company.
- Market developments, such as rising gold prices, may create a favorable environment for gold exploration companies like MAGE.
Bear Case
- Lack of significant news or updates from MAGE in the last month might indicate stagnation or a lack of progress on key projects.
- Predominantly bearish sentiment in the social trading community could reflect concerns about MAGE's financial stability or operational efficiency.
- Negative online discussions, potentially stemming from past performance or unfulfilled promises, can erode investor confidence in MAGE.
- Broader market trends, like a general downturn in junior mining stocks, might negatively impact MAGE regardless of its individual performance.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
MAGE Latest News
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MAGE Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for MAGE.
Price Targets
Wall Street price target analysis for MAGE.
MAGE MoonshotScore
What does this score mean?
The MoonshotScore rates MAGE's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Michael Lavigne
CEO
Michael Lavigne serves as the CEO of Magellan Gold Corporation. Information regarding his detailed career history, education, and previous roles is not available in the provided data. Further research would be required to provide a comprehensive biography.
Track Record: Due to limited information, it is not possible to assess Michael Lavigne's track record, key achievements, strategic decisions, or company milestones under his leadership. Additional data is needed to evaluate his performance as CEO of Magellan Gold Corporation.
MAGE OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that Magellan Gold Corporation may not meet the minimum financial standards or reporting requirements of higher tiers like OTCQX or OTCQB. Companies in this tier may have limited financial disclosure, making it more difficult for investors to assess their financial health and operational performance compared to companies listed on major exchanges like the NYSE or NASDAQ. This tier often includes companies with limited trading volume and higher risk profiles.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited financial disclosure due to OTC Other tier status
- Low trading volume and liquidity
- Higher price volatility compared to exchange-listed stocks
- Potential for delisting or trading suspension
- Increased risk of fraud or manipulation
- Verify the company's financial statements and SEC filings (if any)
- Research the background and experience of the management team
- Assess the company's business model and competitive landscape
- Evaluate the company's assets and liabilities
- Review the company's legal and regulatory compliance
- Consult with a financial advisor before investing
- Understand the risks associated with OTC trading
- Company has been in operation since 2010
- Focus on mineral resource exploration and development
- Ownership of the Center Star Gold Mine project
- Presence of a CEO (Michael Lavigne)
- Active website and investor relations materials (if available)
MAGE Basic Materials Stock FAQ
What does Magellan Gold Corporation do?
Magellan Gold Corporation is an exploration stage company focused on acquiring, exploring, and developing mineral resources, primarily gold, in Idaho. The company's flagship project is the 100% owned Center Star Gold Mine, consisting of 31 unpatented lode claims totaling 620 acres located near Elk City, Idaho. Magellan Gold aims to build a collection of operating gold mines in the Western United States, concentrating on regions with proven mineral potential. As an exploration stage company, it is currently focused on identifying and developing viable mineral deposits.
What do analysts say about MAGE stock?
There is currently no available analyst coverage or consensus on Magellan Gold Corporation (MAGE) stock, likely due to its OTC listing and small market capitalization. Investors should conduct their own thorough due diligence and consider the risks associated with investing in exploration stage companies before making any investment decisions. Key valuation metrics include the potential value of its mineral resources and the likelihood of successful mine development. Growth considerations include exploration results, permitting progress, and financing availability. The company's P/E ratio is -6.27.
What are the main risks for MAGE?
Magellan Gold Corporation faces several risks inherent to its exploration stage status and the mining industry. These include the uncertainty of exploration results, potential fluctuations in gold prices, environmental regulations, competition from other mining companies, and dependence on securing financing for exploration and development. The company's OTC listing also carries additional risks, such as limited liquidity and financial disclosure. Investors should carefully consider these risks before investing in MAGE.
What are the key factors to evaluate for MAGE?
Magellan Gold Corporation (MAGE) holds an AI score of 51/100 (moderate). Not financial advice.
How frequently does MAGE data refresh on this page?
MAGE prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven MAGE's recent stock price performance?
Magellan Gold Corporation (MAGE) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: 100% ownership of Center Star Gold Mine. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider MAGE overvalued or undervalued right now?
Valuing Magellan Gold Corporation (MAGE) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying MAGE?
Before investing in Magellan Gold Corporation (MAGE), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Limited information available on the company's management team and financial performance.
- The company is an exploration stage company with no current revenue, making it a high-risk investment.