NVDA+2.54%AAPL+1.32%GOOGL−1.62%MSFT+0.20%AMZN−0.10%TSM+1.60%SPCX+7.79%META+0.47%
StockVS

TSX · Other Industrial Metals & Mining · CAD

Magna Mining Inc. (NICU.TO) Stock Analysis

Magna Mining Inc. (NICU.TO) is a Other Industrial Metals & Mining stock listed on TSX and quoted in Canadian Dollar.

Last Updated: October 21, 2026

NICU.TO

CA$2.17

+CA$0.01 (+0.46%)

Oct 21, 2026 · Market close

Compare

Price History

Hover for the daily close. The dotted line marks the period open.

Compare NICU.TO with… →

NICU.TO Key Statistics

As of Oct 21, 2026
Trading
Open
CA$2.20
Previous Close
CA$2.16
Day's Range
2.15–2.22
52-Week Range
1.88–3.94
Volume
608.39K
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
2.36
Valuation
Market Cap
CA$679.97M
P/E Ratio
unprofitable
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
32.55
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
7.20
EPS (ttm)Profit attributable to each share over the last twelve months.
−22.18
Financials (FY)
Revenue (FY)
CA$64.97M
Net Income (FY)
−CA$16.98M
Profit marginThe share of revenue left as profit after all costs and taxes.
−35.55%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
313.35M
1-Year Return
−21.94%
Dividend and dates
Earnings Date
November 10, 2026
Avg Volume
506.54K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, NICU.TO closed at CA$2.17, −21.94% over 1 year.

Magna Mining Inc. (NICU.TO) has a market capitalization of CA$679.97M.

In fiscal 2025, NICU.TO reported revenue of CA$64.97M.

NICU.TO Stock Return by Calendar Year

Magna Mining Inc. (NICU.TO) return since Jul 2020: what CA$10,000 became

1 year
CA$10,000 CA$7,806
−21.94%
5 years
CA$10,000 CA$59,452
+494.52%
Since Jul 2020
CA$10,000 CA$255,294
+2,452.94%

If you had invested CA$10,000 in Magna Mining Inc. (NICU.TO) at the close on July 21, 2020, the earliest close on record here, it would have been worth CA$255,294 at the close on October 21, 2026: +2,452.94% in total, +67.92% a year, over a partial period shorter than 10 years. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)−25.43%
2025+113.97%
2024+142.86%
2023−37.08%
2022+106.98%
2021+377.78%
2020 (partial year)+5.88%

As of October 21, 2026.

NICU.TO Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025CA$64.97M−CA$16.98M−26.1%
2024CA$0.00−CA$16.27M—
2023CA$0.00−CA$9.72M—
2022CA$0.00−CA$21.97M—
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025CA$64.97M−CA$2.08M−CA$33.22M−CA$16.98M−26.1%
2024CA$0.00CA$0.00−CA$19.48M−CA$16.27M—
2023CA$0.00−CA$62.08K−CA$12.62M−CA$9.72M—
2022CA$0.00−CA$32.44K−CA$22.31M−CA$21.97M—

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

NICU.TO Valuation vs Other Industrial Metals & Mining Median

Median of 103 stocks
MetricNICU.TOOther Industrial Metals & Mining medianvs median
P/S ratio7.2013.4046% below
Profit margin−35.55%3.53%39.1 pts below

Medians across 103 Other Industrial Metals & Mining stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Analysis

Data-derived

Company Overview

The market values Magna Mining Inc. (NICU.TO) at CA$679.97M. The company sits in the Basic Materials sector, in the Other Industrial Metals & Mining industry.

The most recent close on file for NICU.TO is CA$2.17, dated October 21, 2026. That is +CA$0.01 (+0.46%) against the previous close. Over the past 52 weeks the price has ranged from CA$1.88 to CA$3.94. The latest close sits 15.43% above that 52-week low.

Financial Health

The most recent full year on file, fiscal 2025, shows revenue of CA$64.97M. The same year closed with a net loss of CA$16.98M. Profit margin runs at −35.55%. That is 39.1 percentage points below the Other Industrial Metals & Mining median of 3.53%. Trailing earnings per share are −22.18.

Across the 4 fiscal years on file, revenue moves from CA$0.00 in 2022 to CA$64.97M in 2025. Of those 4 years, 0 report positive net income.

Valuation Assessment

The record shows negative trailing earnings, so no price-to-earnings ratio is published. The forward P/E on file is 32.55. Measured against sales, the shares trade at 7.2 times revenue. On price-to-sales that is 46.28% below the Other Industrial Metals & Mining median of 13.4. 103 Other Industrial Metals & Mining companies report these metrics, and the medians quoted come from that group.

Beta against the wider market is reported at 2.36. Annualized volatility over the trailing 6 years is 229.91%. The trailing one-year total return is −21.94%. Measured over 5 years, that is +42.83% a year compounded.

Growth & Income

The record shows no dividend for NICU.TO.

2026 is still running; the total return is −25.43% year to date. Across the complete calendar years on file, 2021 returned +377.78% and 2023 returned −37.08%. Of the 5 complete calendar years on file, 4 finished higher.

Peer Comparison

Magna Mining Inc. (NICU.TO) operates in the Other Industrial Metals & Mining industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Magna Mining Inc. NICU.TO CA$679.97M —
BHP Group Limited BHP $211.50B 21.6
Rio Tinto Group RIO $141.37B 11.8
Vale S.A. VALE $54.05B 25.4

Market caps are shown in each company's own trading currency, without conversion, and the peers are listed in order of these unconverted figures.

The Other Industrial Metals & Mining industry average P/E ratio is 18.2x. Magna Mining Inc. has no P/E ratio because it is not currently profitable.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

Related Other Industrial Metals & Mining Stocks

BHP

BHP Group Limited

$211.50B

 RIO

Rio Tinto Group

$141.37B

 VALE

Vale S.A.

$54.05B

 IVN.TO

Ivanhoe Mines Ltd.

CA$13.59B

 RML

Resolution Minerals Ltd

$11.75B

 MP

MP Materials Corp.

$7.04B
View all Other Industrial Metals & Mining stocks →

Popular Basic Materials Stocks

LIN

Linde plc

$230.75B

 SCCO

Southern Copper Corporation

$167.24B

 NEM

Newmont Corporation

$123.47B

 FCX

Freeport-McMoRan Inc.

$98.94B

 AEM

Agnico Eagle Mines Limited

$94.87B
View all Basic Materials stocks →

About Magna Mining Inc.

Magna Mining Inc. engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores for nickel, copper, cobalt, platinum, palladium, gold, and silver deposits. Its primary assets include the McCreedy West copper underground mine located on the north range of the Sudbury Igneous Complex; the Levack mine; the Podolsky mine; the 84%-owned Shakespeare mine, which comprises 29 patented claims, 3 leased claims, and 787 mining claims covering an area of 18,074.94 hectares located within the Dunlop, Porter, Shakespeare, Hyman, and Baldwin Townships in Sudbury, Canada; and the 100%-owned Crean Hill mine located in Sudbury, Canada. Magna Mining Inc. was founded in 2016 and is headquartered in Sudbury, Canada.

Visit website →