MGX Minerals Inc. (MGXMF)
MGX Minerals Inc. operates in the Industrial Materials industry of the Basic Materials sector, headquartered in Vancouver, BC, CA. The stock last traded at $0.00, up 0.00% on the session, giving a market capitalisation of $3,133. On trailing twelve-month figures it carries a trailing P/E of -0.00, a net margin of -196379.1%. Its beta of 1.12 implies it has historically moved more than the broad market.
Headquartered in Vancouver, Canada, MGX Minerals Inc. is dedicated to the acquisition, exploration, and advancement of both mineral resource properties and industrial technologies. The company's diverse portfolio encompasses Canadian properties rich in lithium, magnesium oxide, silica, niobium-tantalum, and gold. MGX maintains full ownership of several key assets, including the Fran Property in British Columbia's Omineca Mining District, the Longworth Silica Property, Wonah mineral claims, the Alberta Lithium property, and the Gibraltar Claims. Furthermore, it possesses a significant 90% stake in the Driftwood Property, alongside interests in the Koot Silica Property, Sturgeon Lake Lithium Brine Property, REN mineral claims, Kibby Basin, and the HeinoMoney Gold deposit and Tillicum claims. Beyond its mineral ventures, MGX also operates and distributes water treatment systems specifically designed for the oil and gas sector. A notable innovation is its proprietary lithium extraction technology for brine, which eliminates the need for traditional solar evaporation processes.
MGX Minerals Inc. is most often compared with the following Basic Materials names: