MAU Intrinsic Value Calculator – CHLINE

Trending News ☀️

Magnetic ($ASX:MAU) Resources NL (CHLINE) has recently reported thick gold mineralization at the Lady Julie North 4 Deposit, resulting in a 3% surge in its share price. Magnetic Resources NL is a gold exploration and development company with operations across the Pilbara region of Western Australia. It holds a number of highly prospective regional gold projects, on which the company is actively exploring. The Lady Julie North 4 Deposit has been identified as a prime target for further exploration and development by Magnetic Resources NL. The recent discovery of high-grade gold mineralization has come as welcome news to shareholders and investors.

The increase in share price reflects the potential of the deposit and the company’s commitment to its exploration and development programs. With further exploration, Magnetic Resources NL is well-positioned to unlock the value of this deposit and deliver significant returns to investors.

Price History

The discovery was made thanks to recent exploration works conducted in the area. This sent shares soaring by 3%, highlighting the potential market opportunities that may arise as a result of the discovery. The discovery further strengthens MAGNETIC RESOURCES NL’s position as one of Australia’s leading gold exploration companies, and is likely to result in further exploration opportunities for the company in the area. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for MAU. More…

Cash Flow Snapshot

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Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for MAU. More…

Key Ratios Snapshot

Some of the financial key ratios for MAU are shown below. More…

Analysis – MAU Intrinsic Value Calculator

GoodWhale’s analysis of MAGNETIC RESOURCES NL’s financials reveals that the intrinsic value of its share is around AU$1.2, according to our proprietary Valuation Line. Currently, MAGNETIC RESOURCES NL stock is trading at AU$0.7, which is a 39.2% discount to its intrinsic value. This presents an opportunity to investors looking for a bargain in the market. More…

Peers

The company is engaged in the exploration, development, and production of mineral properties. The company’s primary focus is on the exploration and development of gold projects located in Western Australia. The company’s competitors include Audalia Resources Ltd, Flinders Mines Ltd, Greenstone Resources Ltd.

– Audalia Resources Ltd ($ASX:ACP)

Audalia Resources Ltd is a company that explores, develops, and produces minerals. The company has a market cap of 8.31M as of 2022 and a ROE of -5.37%. The company’s main products are copper, gold, and silver.

– Flinders Mines Ltd ($ASX:FMS)

Flinders Mines Ltd is an Australia-based company engaged in the business of developing, exploring and operating mine projects. The Company’s principal project is the Pilbara Iron Ore Project located in the Pilbara region of Western Australia. The Company also has interests in other projects, including the Wollongong Coal Project and the Ravensthorpe Nickel Project. The Company’s segments include Australia, Canada and Corporate.

Summary

Investors of Magnetic Resources NL are feeling bullish after the company’s recent discovery of a thick gold deposit at the Lady Julie North 4 site. The news has resulted in a 3% increase in shares and a positive outlook among the company’s investors. Analysts have been quick to note the potential of the deposit, which is expected to propel the company’s market value and profits in the future. With such promising prospects, Magnetic Resources NL has become an attractive option for investors looking to make long-term investments in the mining sector.