MGRLF (Magmatic Resources) Short Interest


What is Magmatic Resources Short Interest?

Short Interest can be expressed as a percentage by dividing the number of shares sold short by the total number of outstanding shares.

Due to the license agreement change with our data vendor, Short Interest related data on GuruFocus will no longer be updated. Existing data will remain as-is, while new data will not be available, except for certain Australian and Canadian stocks.

MGRLF vs NEM, AU: Short Interest Comparison

For the Gold subindustry, Magmatic Resources's Short Interest, along with its competitors' market caps and Short Interest data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Magmatic Resources Short Interest vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Magmatic Resources's Short Interest distribution charts can be found below:

* The bar in red indicates where Magmatic Resources's Short Interest falls into.


Magmatic Resources Business Description

Other Exchanges MAG:Australia
Address 14 Edward Street, Orange, NSW, AUS, 2800
Magmatic Resources Ltd is an Australian mineral exploration company focused on gold and copper targets in the East Lachlan region of New South Wales and the Northern Goldfields in Western Australia. The company holds a portfolio of projects near mining operations like Cadia Valley and Northparkes. Magmatic aims to make discoveries in these prolific mining belts. It also has a joint venture with Fortescue Metals Group to explore the Myall project. The majority of income generation source is the interest income.