MAGE (Magellan Copper and Gold) Interest Expense: $-0.08 Mil (TTM As of Mar. 2026)


MAGE Magellan Copper and Gold Corp MAGE
26 GF Score
Price $0.16
! 2 Warning Signs
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What is Magellan Copper and Gold Interest Expense?

Magellan Copper and Gold MAGE +12.71% 26 Interest Expense is $-0.08 Mil as of Mar. 2026. GuruFocus rates MAGE with a GF Score™ of 26/100. The stock has 2 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Magellan Copper and Gold's interest expense for the three months ended in Mar. 2026 was $ -0.02 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was $-0.08 Mil.

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'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. Magellan Copper and Gold did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Magellan Copper and Gold  (OTCPK:MAGE) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Magellan Copper and Gold's Interest Expense for the three months ended in Mar. 2026 was $-0.02 Mil. Its Operating Income for the three months ended in Mar. 2026 was $-0.11 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was $0.00 Mil.

Magellan Copper and Gold's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

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.

The higher the ratio, the stronger the company's financial strength is.

Magellan Copper and Gold Interest Expense Historical Data

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The historical data trend for Magellan Copper and Gold's Interest Expense can be seen below:

* 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.

Magellan Copper and Gold Interest Expense Chart

Magellan Copper and Gold Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.23 -0.28 -0.10 -0.08 -0.08

Magellan Copper and Gold Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.02 -0.02 -0.02 -0.02 -0.02
MAGE
26GF Score
Magellan Copper and Gold Corp MAGE
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Magellan Copper and Gold Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.08 Mil.

* 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $-0.08 Mil mean?
Magellan Copper and Gold (MAGE) has a Interest Expense of $-0.08 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Magellan Copper and Gold and its competitors.
Is Magellan Copper and Gold's Interest Expense too high?
Magellan Copper and Gold's current Interest Expense is $-0.08 Mil. 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 Expense compare to PGOL and MGIDF?
Magellan Copper and Gold's Interest Expense of $-0.08 Mil 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 Interest Expense for a Metals & Mining company?
A good Interest Expense depends on the Metals & Mining industry context. However, Interest Expense 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 Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Magellan Copper and Gold and its competitors. Magellan Copper and Gold's current Interest Expense is $-0.08 Mil. 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 Expense of $-0.08 Mil. The current Interest Expense is $-0.08 Mil. 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 Expense calculated?
Interest Expense is calculated from a company's financial statements. For Magellan Copper and Gold (MAGE), the current Interest Expense is $-0.08 Mil 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 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.
26GF Score

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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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