Magna Mining (OTCMKTS:MGMNF – Get Free Report) will likely be announcing its resultson Tuesday, November 10th. Analysts expect the company to post earnings of ($0.0047) per share and revenue of $21.32 million for the quarter.
Magna Mining Stock Down 0.7%
Shares of OTCMKTS MGMNF traded down $0.01 during midday trading on Tuesday, reaching $1.34. The company’s stock had a trading volume of 12,612 shares, compared to its average volume of 130,919. The company has a 50 day moving average price of $1.77 and a 200 day moving average price of $1.83. Magna Mining has a one year low of $1.31 and a one year high of $3.10.
About Magna Mining
Magna Mining Inc is a Canadian mineral exploration and development company focused on nickel, copper and platinum group metals. The company’s activities are centered on advancing mineral properties rather than operating a diversified portfolio of producing mines.
Magna’s principal assets are located in the Sudbury Basin of Ontario, Canada, a region with a long history of nickel and copper production. Its key projects include the Crean Hill Nickel Project and the Shakespeare Project, which contain nickel-copper mineralization along with platinum group metals.
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