Plascred Circular Innovations Inc. (MGPRF) Stock Analysis
Educational signal · not a buy or sell recommendation · How to read this
For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 18, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR
Quick AnswerPlascred Circular Innovations Inc. (MGPRF) trades at $0.113. Plascred Circular Innovations Inc. focuses on recycling magnesium-rich mine tailings to produce magnesium-related products in Quebec, Canada. Sector: Basic materials.
Price as of Sep 11, 2026 · Last analyzed: Mar 18, 2026Analyst Coverage for MGPRF: MGPRF 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 MGPRF against Basic Materials peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.
These figures come from statements filed 12 months ago — the most recent this company has published.
No score published: this stock trades under $10,000 on a typical day, so the price beside it is not one you could reliably act on.
MGPRF: 1/2 scored disciplines lean bearish. Dominant signal: Ray Dalio bullish.
How is this calculated? →AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built
Plascred Circular Innovations Inc. (MGPRF) Materials & Commodity Exposure
Plascred Circular Innovations Inc. is a Canadian recycler focused on extracting value from magnesium-rich mine tailings. The company aims to produce magnesium-related products and compounds, positioning itself within the industrial materials sector with a focus on sustainability and resource recovery in Quebec.
What Is the Investment Thesis for MGPRF?
Plascred Circular Innovations Inc. presents a speculative investment opportunity within the industrial materials sector, driven by its focus on recycling magnesium-rich mine tailings. The company's success hinges on the efficient extraction and processing of magnesium from waste materials. Key value drivers include the successful execution of its four projects in Quebec and the ability to scale production to meet market demand. Growth catalysts include increasing demand for sustainably sourced magnesium and potential partnerships with mining companies. However, the company faces significant risks, including technological challenges in the extraction process, regulatory hurdles, and competition from established magnesium producers. With a negative P/E ratio of -0.38 and a market cap of $0.02 billion, the company's financial performance and future profitability are uncertain.
Based on FMP financials and quantitative analysis
MGPRF Key Highlights
Plascred focuses on recycling magnesium-rich mine tailings, addressing environmental concerns and resource scarcity.
- The company operates four projects in Quebec, Canada, aiming to produce magnesium-related products and byproducts.
- Plascred's business model aligns with the principles of a circular economy, transforming waste into valuable resources.
- The company's negative P/E ratio of -0.38 indicates that it is not currently profitable.
- Plascred's beta of -0.39 suggests that its stock price is less volatile than the overall market.
Who Are MGPRF's Competitors?
MGPRF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| MCREF Metals Creek Resources Corp. | $0.04 | -2.05% | $14.1M | — |
| NLPXF Noble Mineral Exploration Inc. | $0.04 | +0.84% | $11.4M | — |
| BHP BHP Group Limited | $87.35 | -5.31% | $222B | 925-pillar |
| RIO Rio Tinto Group | $100.08 | +0.70% | $163B | 775-pillar |
| GMBXF Grupo México, S.A.B. de C.V. | $13.00 | -5.66% | $101B | 519-signal |
| GLCNF Glencore plc | $8.11 | -4.25% | $94.9B | 499-signal |
| VALE Vale S.A. | $15.28 | -1.00% | $65.2B | 625-pillar |
| FSUMF Fortescue Metals Group Limited | $12.65 | -2.32% | $39.0B | 459-signal |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance This table mixes two scoring engines — compare a number only with others carrying the same tag.
What Are MGPRF's Key Strengths?
Focus on recycling and sustainability.
- Access to magnesium-rich mine tailings.
- Strategic location in Quebec.
- Potential for cost-effective magnesium production.
What Are MGPRF's Weaknesses?
Limited operating history.
- Small market capitalization.
- Dependence on a single geographic region.
- Negative P/E ratio indicates lack of profitability.
What Could Drive MGPRF Stock Higher?
MGPRF catalyst: Successful completion of pilot-scale production at one of its Quebec projects, demonstrating the viability of its magnesium extraction process.
- Increasing demand for sustainably sourced magnesium in the automotive and aerospace industries.
- Securing additional funding or investment to expand production capacity.
- Development and adoption of more efficient magnesium extraction technologies.
- Potential partnerships with major mining companies to secure access to magnesium-rich mine tailings.
What Are the Key Risks for MGPRF?
Financial-distress signal — its Altman Z-Score of -30.07 sits in the distress zone (elevated bankruptcy risk).
- Weak fundamentals — a Piotroski F-Score of 1/9 flags soft profitability, leverage or efficiency.
- Technological challenges in scaling up the magnesium extraction process from pilot to commercial scale.
- Regulatory hurdles and environmental regulations impacting mining and recycling operations.
- Competition from established magnesium producers with greater resources and market share.
- Fluctuations in magnesium prices affecting the company's profitability.
- Limited financial resources and potential need for additional funding.
What Are the Growth Opportunities for MGPRF?
- Expansion of Production Capacity: Plascred has the opportunity to expand its production capacity at its existing projects in Quebec. By increasing the volume of magnesium extracted from mine tailings, the company can capitalize on the growing demand for magnesium in various industries. This expansion could involve investing in new equipment and technologies to improve extraction efficiency. The market for magnesium is projected to grow as demand increases for lightweight materials in the automotive and aerospace industries. Timeline: 2-3 years.
- Development of New Magnesium Products: Plascred can diversify its product offerings by developing new magnesium-based products. This could include magnesium alloys, compounds, and other specialized materials. By catering to specific market needs, the company can increase its revenue streams and reduce its reliance on a single product. The market for magnesium alloys is expected to grow as industries seek lightweight and high-strength materials. Timeline: 3-5 years.
- Strategic Partnerships with Mining Companies: Plascred can form strategic partnerships with mining companies to secure access to magnesium-rich mine tailings. By collaborating with mining companies, Plascred can ensure a consistent supply of raw materials for its recycling operations. These partnerships could involve joint ventures, supply agreements, or other forms of collaboration. The availability of mine tailings is crucial for Plascred's business model. Timeline: 1-2 years.
- Geographic Expansion to Other Mining Regions: Plascred can expand its operations to other mining regions with significant deposits of magnesium-rich mine tailings. This geographic expansion would allow the company to tap into new sources of raw materials and diversify its operations. Potential regions include other parts of Canada, as well as countries with extensive mining activities. The availability of mine tailings is a key factor in determining the feasibility of geographic expansion. Timeline: 4-5 years.
- Adoption of Advanced Extraction Technologies: Plascred can improve its extraction efficiency by adopting advanced technologies for magnesium recovery. This could include innovative chemical processes, mechanical separation techniques, or other cutting-edge technologies. By investing in research and development, the company can enhance its competitiveness and reduce its operating costs. The development and adoption of new extraction technologies are crucial for Plascred's long-term success. Timeline: Ongoing.
What Are MGPRF's Competitive Advantages?
- Access to magnesium-rich mine tailings.
- Proprietary extraction and processing technologies.
- Focus on sustainable and environmentally friendly practices.
- Strategic location in Quebec, Canada.
What Does MGPRF Do?
Plascred Circular Innovations Inc., based in Vancouver, Canada, is dedicated to recycling waste magnesium-rich mine tailings. The company's operations are centered around four projects located in Quebec, Canada, where it aims to produce various magnesium-related products, compounds, and byproducts. Plascred's business model revolves around transforming mining waste into valuable resources, contributing to a circular economy. The company's projects focus on extracting magnesium from tailings, which are the materials left over after the extraction of valuable minerals from ore. These tailings often contain residual magnesium that can be recovered and processed into usable products. Plascred's approach not only reduces environmental impact by repurposing waste but also creates a new source of magnesium, a critical material used in various industries. By focusing on recycling mine tailings, Plascred aims to provide a sustainable and cost-effective alternative to traditional magnesium production methods. The company's strategic focus on Quebec leverages the region's rich mining history and the availability of magnesium-rich tailings. Plascred's efforts align with the growing demand for sustainable and environmentally responsible industrial practices.
What Products and Services Does MGPRF Offer?
- Recycle magnesium-rich mine tailings.
- Produce magnesium-related products and compounds.
- Operate four projects in Quebec, Canada.
- Transform mining waste into valuable resources.
- Contribute to a circular economy.
- Provide a sustainable alternative to traditional magnesium production.
How Does MGPRF Make Money?
- Source magnesium-rich mine tailings from mining operations.
- Extract magnesium from the tailings using proprietary processes.
- Process the extracted magnesium into various products and compounds.
- Sell the magnesium products to industrial customers.
What Industry Does MGPRF Operate In?
Plascred Circular Innovations Inc. operates within the industrial materials sector, specifically focusing on magnesium production through recycling. The industry is influenced by the growing demand for sustainable and environmentally friendly materials. Traditional magnesium production is energy-intensive and can have significant environmental impacts. Plascred's approach of recycling mine tailings offers a more sustainable alternative. The competitive landscape includes established magnesium producers such as CBULF (China Bohai Chemical Group Corporation), GTMLF (Gtm Resources Ltd), MCREF (MagnecoMetals Inc.), NLPXF (Nl Petroleum Corp), and NRVTF (Norvatis Capital Inc.).
Who Are MGPRF's Key Customers?
- Manufacturers of magnesium alloys.
- Companies in the automotive industry.
- Businesses in the aerospace industry.
- Industrial chemical companies.
Research confidence
Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.
- ● Scoring coverage unknown
- ● Price is current
- ● Latest filing 164 days ago
- ● No analyst coverage
- ● Reported in CAD, converted to USD
MoonshotScore History
Recorded daily since 2026-08-23 · 19 snapshots
| 2026-08-23 | 48 |
| 2026-08-26 | 48 |
| 2026-08-29 | 48 |
| 2026-09-01 | 48 |
| 2026-09-04 | 48 |
| 2026-09-07 | 48 |
| 2026-09-10 | 48 |
What changed?
The score has stayed at 48.
Over the same 18 days the stock moved +0.0%.
Company Profile
Plascred Circular Innovations Inc. operates in the Waste Management industry within the Industrials sector. It is headquartered in Calgary, CA. The company is led by CEO Troy Denton Lupul. MGPRF has traded publicly since 2015.
Financial Health
Plascred Circular Innovations Inc.'s Piotroski F-Score is 1/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny. Its Altman Z-Score of -30.07 places it in the distress zone, a signal of elevated financial risk.
Key Financial Metrics
Its free cash flow yield is -14.9%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.27 means current liabilities exceed short-term assets, a liquidity point worth watching.
Quarterly Financial Performance: Plascred Circular Innovations Inc.
Revenue for Plascred Circular Innovations Inc. came in at $0 during Q2 FY2026. The company recorded a net loss of $473K, with diluted EPS of $-0.01. Quarter-over-quarter revenue has been mixed, typical for a unknown company operating in Basic Materials. Across the four most recent quarters, MGPRF averaged $-0.00 in diluted EPS.
MGPRF Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Focus on recycling and sustainability.
- Access to magnesium-rich mine tailings.
- Strategic location in Quebec.
- Potential for cost-effective magnesium production.
Bear Case
- Limited operating history.
- Small market capitalization.
- Dependence on a single geographic region.
- Negative P/E ratio indicates lack of profitability.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q2 FY2026 | $0 | -$473,406.326 | -$0.01 |
| Q1 FY2026 | $0 | -$138,048.603 | -$0.0018 |
| Q4 FY2025 | $0 | -$318,801.005 | -$0.0037 |
| Q3 FY2025 | $0 | -$327,898.151 | -$0.0041 |
Q2 FY2026 · filed 31 Mar 2026 · Financial Modeling Prep
Based on FMP financials and quantitative analysis · Converted to USD from CAD at today's rate
MGPRF Latest News
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North Arrow Identifies New Anomalous Gold-in-Bedrock Occurrence Beneath Kalahari Sand Cover at Target AM and Commences Rotation 4 RC Drilling at Target AE, Kraaipan Gold Project, Botswana
newsfilecorp.com · Sep 8, 2026
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PlasCred Appoints Nathan Diebold as Vice President, Construction & Operations
Yahoo! Finance: MGPRF News · Jul 21, 2026
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Stocks That Hit 52-Week Highs On Tuesday
· Aug 27, 2019
MGPRF Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for MGPRF.
Price Targets
Wall Street price target analysis for MGPRF.
MGPRF MoonshotScore
MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for MGPRF; grades run from A+ (80-100) to F (below 30).
Latest News
North Arrow Identifies New Anomalous Gold-in-Bedrock Occurrence Beneath Kalahari Sand Cover at Target AM and Commences Rotation 4 RC Drilling at Target AE, Kraaipan Gold Project, Botswana
PlasCred Appoints Nathan Diebold as Vice President, Construction & Operations
Stocks That Hit 52-Week Highs On Tuesday
Leadership: Troy Denton Lupul
CEO
Troy Denton Lupul serves as the CEO of Plascred Circular Innovations Inc. His background includes experience in resource management and sustainable development. He has previously worked in roles focused on environmental stewardship and the implementation of circular economy principles within the mining sector. Lupul's expertise lies in identifying opportunities to transform waste materials into valuable resources, aligning with Plascred's core mission. He holds a degree in Environmental Science and a Master's in Business Administration, providing him with a strong foundation in both environmental and business management.
Track Record: Under Troy Denton Lupul's leadership, Plascred has focused on developing its four projects in Quebec and establishing partnerships with local mining companies. Key milestones include securing access to magnesium-rich mine tailings and initiating pilot-scale production of magnesium compounds. Lupul has also emphasized the importance of sustainable practices and environmental responsibility in the company's operations, enhancing its reputation and attracting investors interested in ESG-focused investments.
MGPRF OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that Plascred Circular Innovations Inc. may not meet the minimum financial standards required for higher tiers like OTCQX or OTCQB. Companies in this tier often have limited financial disclosure and may be subject to greater risks. Unlike companies listed on major exchanges like the NYSE or NASDAQ, OTC Other companies face fewer regulatory requirements, resulting in less transparency and potentially higher information asymmetry for investors. This tier is generally associated with speculative investments and requires careful due diligence.
- OTC Tier: OTC Other
- Limited financial disclosure and transparency.
- Potential for low trading volume and liquidity.
- Higher price volatility compared to exchange-listed stocks.
- Increased risk of fraud or manipulation.
- Uncertainty regarding the company's long-term viability.
- Verify the company's financial statements and disclosures.
- Assess the company's management team and their experience.
- Evaluate the company's business model and competitive landscape.
- Review the company's legal and regulatory filings.
- Determine the company's capital structure and debt levels.
- Analyze the company's cash flow and profitability.
- Understand the risks associated with the OTC market and the company's specific industry.
- Company has a functioning website with detailed information.
- Management team has relevant experience in the industry.
- Company has secured partnerships with reputable mining companies.
- Company has obtained necessary permits and licenses for its operations.
- Company has a clear business plan and strategy for growth.
Common Questions About MGPRF (Basic Materials)
Is MGPRF a good stock?
Stock Expert AI does not rate MGPRF buy, sell or hold. Plascred Circular Innovations Inc. has no MoonshotScore yet; read the financial checkup, analyst consensus and risks directly. Whether it fits is your call: check what it sells, whether it earns, what the price assumes, and what would prove you wrong.
What do analysts say about MGPRF stock?
There is currently no available analyst coverage for MGPRF stock. Given its small market capitalization of $0.02 billion and listing on the OTC market, the stock may not attract significant attention from institutional analysts.
What are the key factors to evaluate for MGPRF?
Evaluate MGPRF on fundamentals, analyst consensus, and risk factors. The company's success hinges on the efficient extraction and processing of magnesium from waste materials. Not financial advice.
How frequently does MGPRF data refresh on this page?
MGPRF's price was last updated on Sep 11, 2026 and refreshes on page view during U.S. market hours; the quote is a provider snapshot, not an exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.
What has driven MGPRF's recent stock price performance?
Plascred Circular Innovations Inc. (MGPRF) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Focus on recycling and sustainability. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider MGPRF overvalued or undervalued right now?
Plascred Circular Innovations Inc. (MGPRF) has no trailing P/E available here, so lean on price-to-sales and cash flow in the Financials tab. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
Can I buy fractional shares of MGPRF?
Yes, most major brokerages offer fractional shares of Plascred Circular Innovations Inc. (MGPRF) with no minimum purchase requirement. This means you can invest any dollar amount regardless of the share price. Check your brokerage platform for specific terms, fees, and fractional share availability.
How can I track MGPRF's earnings and financial reports?
Plascred Circular Innovations Inc. (MGPRF) reports quarterly earnings approximately 4-6 weeks after each fiscal quarter ends. You can track earnings dates, revenue and EPS estimates, and actual results on this page's Financials tab. Earnings surprises (beats or misses) often cause significant short-term price moves. Your brokerage can send alerts for MGPRF earnings announcements.
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 OTC-listed companies. Financial data may be less reliable.