On the stock market since 2021, it operates in the world of raw materials. Now — the numbers.
This is an established company with proven profits.
Red columns mark years that ended in a loss.
The gap is $5.7M. In times of high interest rates, a gap like that can squeeze a company.
An investor who bought at the very peak is down 99% today. The business is the same; what changed most is the price — and the expectations — the market pins on it.
Nothing in the current numbers stands out as a strong positive. That, by itself, is worth knowing.
The stock sits at $0.0080. Under exchange rules, stocks that stay below $1 for too long risk being removed from the market.
On our five-subject report card, MGLQF sits behind the class. A low grade doesn’t mean “doomed” — it means “big claim, small proof.”
The takeaway: MGLQF is an established business that has proven its profits for years. The real debate isn’t the quality of the business — it’s whether the price paid for the stock is too high.