MAGE (Magellan Copper and Gold) Float Percentage Of Total Shares Outstanding: 41.35% (As of Jul. 18, 2026)

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What is Magellan Copper and Gold Float Percentage Of Total Shares Outstanding?

Magellan Copper and Gold MAGE +4.48% Float Percentage Of Total Shares Outstanding is 41.35% as of Jul. 18, 2026. The stock has 1 warning sign investors should review.

Float percentage of total shares outstanding is the percentage of float shares relative to the total shares outstanding. As of today, Magellan Copper and Gold's float shares is 11.32 Mil. Magellan Copper and Gold's total shares outstanding is 27.38 Mil. Magellan Copper and Gold's float percentage of total shares outstanding is 41.35%.

Insider Ownership is the percentage of shares that are owned by company insiders relative to the total shares outstanding. As of today, Magellan Copper and Gold's Insider Ownership is 66.05%.

Institutional Ownership is the percentage of shares that are owned by institutions out of the total shares outstanding. As of today, Magellan Copper and Gold's Institutional Ownership is 0.00%.

Magellan Copper and Gold Float Percentage Of Total Shares Outstanding Calculation

It is the percentage of float shares out of the total shares outstanding.

Magellan Copper and Gold's Float Percentage of Total Shares Outstanding for today is calculated as follows:

Float Percentage of Total Shares Outstanding=Float Shares/Total Shares Outstanding
=11.32/27.38
=41.35%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Float Percentage Of Total Shares Outstanding of 41.35% mean?
Magellan Copper and Gold (MAGE) has a Float Percentage Of Total Shares Outstanding of 41.35% as of Jul. 18, 2026. Float percent of shares outstanding equals the percent of float shares relative to total shares. View historical data on Magellan Copper and Gold and its competitors.
Is Magellan Copper and Gold's Float Percentage Of Total Shares Outstanding too high?
Magellan Copper and Gold's current Float Percentage Of Total Shares Outstanding is 41.35%.
How does Magellan Copper and Gold's Float Percentage Of Total Shares Outstanding compare to ALGLF and PGOL?
Magellan Copper and Gold's Float Percentage Of Total Shares Outstanding of 41.35% can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Float Percentage Of Total Shares Outstanding for a Metals & Mining company?
A good Float Percentage Of Total Shares Outstanding depends on the Metals & Mining industry context. However, Float Percentage Of Total Shares Outstanding should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Float Percentage Of Total Shares Outstanding mean?
A high Float Percentage Of Total Shares Outstanding can signal that a stock is expensive relative to its fundamentals. Float percent of shares outstanding equals the percent of float shares relative to total shares. View historical data on Magellan Copper and Gold and its competitors. Magellan Copper and Gold's current Float Percentage Of Total Shares Outstanding is 41.35%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magellan Copper and Gold stock overvalued right now?
Magellan Copper and Gold (MAGE) has a current Float Percentage Of Total Shares Outstanding of 41.35%. The current Float Percentage Of Total Shares Outstanding is 41.35%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Float Percentage Of Total Shares Outstanding calculated?
Float Percentage Of Total Shares Outstanding is calculated from a company's financial statements. For Magellan Copper and Gold (MAGE), the current Float Percentage Of Total Shares Outstanding is 41.35% as of Jul. 18, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Magellan Copper and Gold Business Description

Address 602 Cedar Street, Suite 205, Wallace, ID, USA, 83873
Magellan Copper and Gold Corp is an exploration-stage company, and its principal business is the acquisition and exploration of mineral projects. The company's key projects are the Center Star Mine and the Cable Project. Its other projects include BLUE JACKET AND CUPRUM project, Merit's Cable Project and Kris project. It manages its operations as a single segment.