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MGMNF (Magna Mining) Net Income From Continuing Operations : $-10.44 Mil (TTM As of Sep. 2024)


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What is Magna Mining Net Income From Continuing Operations?

Net Income From Continuing Operations indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. Magna Mining's net income from continuing operations for the three months ended in Sep. 2024 was $-3.32 Mil. Its net income from continuing operations for the trailing twelve months (TTM) ended in Sep. 2024 was $-10.44 Mil.

Magna Mining Net Income From Continuing Operations Historical Data

The historical data trend for Magna Mining's Net Income From Continuing Operations 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.

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Magna Mining Net Income From Continuing Operations Chart

Magna Mining Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Net Income From Continuing Operations
-0.85 -5.28 -16.17 -7.35

Magna Mining Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Net Income From Continuing Operations 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 -2.26 -1.95 -2.29 -2.88 -3.32

Magna Mining Net Income From Continuing Operations Calculation

Net Income From Continuing Operations indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. It excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.

Net Income From Continuing Operations for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-10.44 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.

Magna Mining Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Magna Mining Inc (OTCPK:MGMNF) » Definitions » Net Income From Continuing Operations
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Traded in Other Exchanges
8YD:Germany NICU:Canada
Address
45 Oak Street, Box 103, Dowling, ON, CAN, P0M 1R0
Website
https://www.magnamining.com
Magna Mining Inc is a Sudbury-focused base metal exploration and development company. It is prospective for nickel, copper, and PGM discoveries. Its projects include the Shakespeare Project and the Shining Tree Project. It has one reportable operating segment, being the acquisition, exploration and development of mineral properties. The Company's assets are located in Canada.

Magna Mining Headlines

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