What is Magellan Copper and Gold Corp's earnings per share (EPS)?

Magellan Copper and Gold Corp (MAGE) reported diluted earnings per share of $-0.02 for fiscal year 2025. This represents a 33.3% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Magellan Copper and Gold Corp Financials

MAGE

Source SEC Filings (10-K/10-Q) Data as of Mar 31, 2026 Currency USD FYE December

This page shows Magellan Copper and Gold Corp (MAGE) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI MAGE FY2025 2026-05-15

Magellan Copper and Gold appears sustained by small external funding while a shrinking asset base sits beneath rising obligations.

From FY2021 to FY2025, operating cash burn narrowed from -$313K to -$37K, but total assets ended FY2025 at only $10K while liabilities stood at $2.1M. That combination points to conservation mode: the business looks less like one building an operating base and more like one minimizing cash outflow while obligations remain.

The liquidity picture is extremely tight: FY2025 cash was just $547 and the current ratio was 0.005x, so day-to-day flexibility depends on creditors or new funding rather than cash already inside the company. Because current liabilities effectively equal total liabilities, the pressure is concentrated in near-term obligations rather than pushed far into the future.

Recent years look hand-to-mouth financed: FY2024 financing inflow of $144K almost matched operating cash outflow of -$143K, which means outside capital was covering routine corporate spend rather than expansion. Since FY2021, shares outstanding rose from 11.3M to 27.4M, so keeping the entity funded has required spreading the same enterprise across many more claims.

Financial Health Signals

Financial health score pending refresh

We are recalculating Magellan Copper and Gold Corp's peer-relative financial health score against the latest fiscal year. It will appear here once the refresh completes. The signals and metrics below are current.

Key Financial Metrics

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Earnings & Revenue

Revenue

N/A

EBITDA

N/A

Net Income

N/A

EPS (Diluted)

$-0.02

YoY+33.3%

Magellan Copper and Gold Corp earned $-0.02 per diluted share (EPS) in fiscal year 2025. This represents an increase of 33.3% from the prior year.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$547

YoY-39.0%

10Y CAGR-4.5%

Magellan Copper and Gold Corp held $547 in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

27M

YoY+4.7%

5Y CAGR+31.0%

10Y CAGR-5.6%

Magellan Copper and Gold Corp had 27M shares outstanding in fiscal year 2025. This represents an increase of 4.7% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

N/A

Return on Equity

N/A

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

N/A

MAGE Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	$320K+39.1%	$230K-5.3%	$243K-86.3%	$1.8M+50.7%	$1.2M
Operating Income	N/A	N/A	N/A	N/A	-$1.8M-50.7%	-$1.2M
Interest Expense	N/A	$83K-18.2%	$101K-64.1%	$282K+22.4%	$231K-45.7%	$425K
Income Tax	$0	$0	$0	$0	$0	$0
Net Income	N/A	N/A	N/A	N/A	-$2.1M+44.6%	-$3.7M
EPS (Diluted)	$-0.02+33.3%	$-0.03+62.5%	$-0.08+38.5%	$-0.13+43.5%	$-0.23	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$113K	N/A	$32K-33.2%	$47K-18.5%	$58K	N/A	$107K+49.2%	$72K
Operating Income	-$113K	N/A	-$32K+33.2%	-$47K+18.5%	-$58K	N/A	-$107K-49.2%	-$72K
Interest Expense	$22K	N/A	$18K+1.1%	$18K-22.6%	$23K	N/A	$22K+5.0%	$21K
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	N/A	N/A	-$153K-6510.6%	$2K+101.3%	-$184K	N/A	-$67K+10.2%	-$74K
EPS (Diluted)	$-0.01	N/A	$-0.01	$0.00+100.0%	$-0.01	N/A	$0.00	$0.00

MAGE Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$10K-89.6%	$101K+0.8%	$100K-50.2%	$201K-83.6%	$1.2M+9.6%	$1.1M
Current Assets	$10K+1071.5%	$896+805.1%	$99-98.5%	$7K-76.8%	$29K+1231.0%	$2K
Cash & Equivalents	$547-39.0%	$896+805.1%	$99-86.7%	$743-96.0%	$19K	$0
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$2.1M+6.1%	$2.0M+11.1%	$1.8M+5.1%	$1.7M+14.1%	$1.5M+0.7%	$1.5M
Current Liabilities	$2.1M+6.1%	$2.0M+11.1%	$1.8M+5.1%	$1.7M+14.1%	$1.5M+0.7%	$1.5M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$2.1M-11.2%	-$1.9M-11.7%	-$1.7M-12.5%	-$1.5M-462.6%	-$266K+26.7%	-$363K
Retained Earnings	-$22.2M-2.0%	-$21.8M-3.7%	-$21.0M-7.5%	-$19.5M-8.7%	-$18.0M-13.5%	-$15.8M

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Total Assets	$27K+160.8%	$10K-90.1%	$106K-1.9%	$108K+2.2%	$106K+4.9%	$101K-81.3%	$539K+2.3%	$526K
Current Assets	$2K-77.3%	$10K+74.6%	$6K-25.7%	$8K+39.5%	$6K+547.1%	$896-94.4%	$16K+310.0%	$4K
Cash & Equivalents	$504-7.9%	$547+41.0%	$388-34.1%	$589-89.8%	$6K+547.1%	$896-94.4%	$16K+310.0%	$4K
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$2.3M+9.0%	$2.1M-0.4%	$2.1M+7.4%	$2.0M-0.3%	$2.0M-0.5%	$2.0M+2.9%	$1.9M-0.8%	$1.9M
Current Liabilities	$2.3M+9.0%	$2.1M-0.4%	$2.1M+7.4%	$2.0M-0.3%	$2.0M-0.5%	$2.0M+2.9%	$1.9M-0.8%	$1.9M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$2.3M-8.2%	-$2.1M-4.4%	-$2.0M-7.9%	-$1.9M+0.5%	-$1.9M+0.8%	-$1.9M-35.6%	-$1.4M+1.9%	-$1.4M
Retained Earnings	-$22.4M-0.8%	-$22.2M-0.4%	-$22.1M-0.7%	-$21.9M0.0%	-$21.9M-0.8%	-$21.8M-2.3%	-$21.3M-0.3%	-$21.2M

MAGE Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	-$37K+74.1%	-$143K-102.3%	-$71K+52.4%	-$148K+52.6%	-$313K-66.2%	-$188K
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	$0+100.0%	-$100K-12903.9%	-$769+99.0%	-$81K+29.2%	-$114K
Financing Cash Flow	$37K-74.5%	$144K-15.5%	$170K+29.7%	$131K-68.2%	$412K+76.7%	$233K
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Operating Cash Flow	-$6K+40.1%	-$10K-4796.0%	-$201+96.1%	-$5K+76.0%	-$22K-7.8%	-$20K-62.8%	-$12K+65.9%	-$36K
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A	$0	$0	N/A
Financing Cash Flow	$6K-41.5%	$10K	$0	$0-100.0%	$27K+432.2%	$5K-79.6%	$25K-37.2%	$39K
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

MAGE Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	N/A	N/A	N/A	N/A	-168.3%+164.8pp	-333.1%
Current Ratio	0.010.0	0.000.0	0.000.0	0.00-0.0	0.02+0.0	0.00
Debt-to-Equity	-1.00+0.0	-1.050.0	-1.06+0.1	-1.13+4.5	-5.59-1.5	-4.07
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	N/A	N/A	-144.6%-146.8pp	2.2%+176.3pp	-174.0%	N/A	-12.4%+1.7pp	-14.1%
Current Ratio	0.000.0	0.010.0	0.000.0	0.000.0	0.000.0	0.000.0	0.010.0	0.00
Debt-to-Equity	N/A	-1.00+0.0	-1.050.0	-1.060.0	-1.060.0	-1.05+0.3	-1.39-0.0	-1.37
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Note: Shareholder equity is negative (-$2.1M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.

Note: The current ratio is below 1.0 (0.01), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Frequently Asked Questions

What is Magellan Copper and Gold Corp's operating cash flow?

Magellan Copper and Gold Corp (MAGE) generated -$37K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Magellan Copper and Gold Corp's total assets?

Magellan Copper and Gold Corp (MAGE) had $10K in total assets as of fiscal year 2025, including both current and long-term assets.

How many shares does Magellan Copper and Gold Corp have outstanding?

Magellan Copper and Gold Corp (MAGE) had 27M shares outstanding as of fiscal year 2025.

What is Magellan Copper and Gold Corp's current ratio?

Magellan Copper and Gold Corp (MAGE) had a current ratio of 0.01 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is Magellan Copper and Gold Corp's debt-to-equity ratio?

Magellan Copper and Gold Corp (MAGE) had a debt-to-equity ratio of -1.00 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Magellan Copper and Gold Corp's cash runway?

Based on fiscal year 2025 data, Magellan Copper and Gold Corp (MAGE) had $547 in cash against an annual operating cash burn of $37K. This gives an estimated cash runway of approximately 0 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

Why is Magellan Copper and Gold Corp's debt-to-equity ratio negative or unusual?

Magellan Copper and Gold Corp (MAGE) has negative shareholder equity of -$2.1M as of fiscal year 2025, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.