Magellan Copper and GoldMAGE -0.99%26 Interest Coverage is 0 (At Loss) as of Mar. 2026. GuruFocus rates MAGE with a GF Score™ of 26/100. The stock has 2 warning signs investors should review. Among 1,318 Metals & Mining companies, Magellan Copper and Gold ranks worse than 75872.46% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Magellan Copper and Gold's
Operating Income
for the
three
months ended in Mar. 2026 was $-0.11 Mil. Magellan Copper and Gold's Interest Expense for the
three
months ended in Mar. 2026 was $-0.02 Mil.
did not have earnings to cover the interest expense.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Magellan Copper and Gold's Interest Coverage or its related term are showing as below:
MAGE's Interest Coverage is not ranked *
in the Metals & Mining industry.
Industry Median: No Debt * Ranked among companies with meaningful Interest Coverage only.
Magellan Copper and Gold (OTCPK:MAGE) Interest Coverage Explanation
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Magellan Copper and Gold Interest Coverage Related Terms
Magellan Copper and Gold Interest Coverage Historical Data
* 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
MAGE vs PGOL, MGIDF, NGLD: Interest Coverage Comparison
For the Gold subindustry, Magellan Copper and Gold's Interest Coverage, along with its competitors' market caps and Interest Coverage 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.
Magellan Copper and Gold Interest Coverage vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Magellan Copper and Gold's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Magellan Copper and Gold's Interest Coverage falls into.
Magellan Copper and Gold Interest Coverage Calculation
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
Magellan Copper and Gold did not have earnings to cover the interest expense.
* 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 Interest Coverage of 0 (At Loss) mean?
Magellan Copper and Gold (MAGE) has a Interest Coverage of 0 (At Loss) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Magellan Copper and Gold and its competitors. According to the industry distribution chart, Magellan Copper and Gold ranks #999999 out of 1318 companies in the Metals & Mining industry.
Is Magellan Copper and Gold's Interest Coverage too high?
Magellan Copper and Gold's current Interest Coverage is 0 (At Loss). Based on the distribution chart, Magellan Copper and Gold ranks #999999 out of 1318 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Magellan Copper and Gold has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Magellan Copper and Gold's Interest Coverage compare to PGOL and MGIDF?
According to the Metals & Mining industry distribution chart, Magellan Copper and Gold ranks #999999 out of 1318 companies for Interest Coverage. This places Magellan Copper and Gold in the lower half of its industry. The industry median Interest Coverage is 10,000.00. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Metals & Mining company?
The median Interest Coverage among Metals & Mining companies is 10,000.00, based on 1,318 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Magellan Copper and Gold and its competitors. For the Metals & Mining industry, the median Interest Coverage is 10,000.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Magellan Copper and Gold's current Interest Coverage is 0 (At Loss). 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 Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). Magellan Copper and Gold's overall GF Score™ is 26/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Magellan Copper and Gold (MAGE), the current Interest Coverage is 0 (At Loss) as of Mar. 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 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.
26GF Score
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