Magellan Gold Corporation (MAGE)
Magellan Gold Corporation operates in the Other Precious Metals industry of the Basic Materials sector, headquartered in Wallace, ID, US. The stock last traded at $0.07, up 55.21% on the session, giving a market capitalisation of $1.9M. On trailing twelve-month figures it carries a trailing P/E of -2.68, a net margin of 0.0%. Its beta of 1.13 implies it has historically moved more than the broad market.
Magellan Gold Corporation, an Idaho-based entity in the exploration phase, concentrates its efforts on finding, acquiring, and advancing mineral resources within the state. Its core asset is the Center Star Gold Mine, entirely owned by the company, which covers 620 acres across 31 unpatented lode claims near Elk City, Idaho. Furthermore, Magellan Gold is systematically developing a group of operational gold mines throughout the Western United States. The company was founded in 2010 and operates from its main office in Wallace, Idaho.
Magellan Gold Corporation is most often compared with the following Basic Materials names: