Magellan Copper & Gold (MAGE) Debt to Equity (2011 - 2026)

Magellan Copper & Gold (MAGE) posted Debt to Equity of -$0.06 for Q1 2026, up 67.68% sequentially from -$0.18 in Q4 2025, and up 71.18% YoY from -$0.03 in Q1 2025.

Magellan Copper & Gold (MAGE) Debt to Equity (2011 - 2026) Analysis & Trends

Magellan Copper & Gold (MAGE) has 16 years of Debt to Equity data on file, last reported at -$0.06 in Q1 2026.

  • Quarterly Debt to Equity rose 71.18% year-over-year to -$0.06 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$0.06 (up 71.18% YoY) and the FY2025 annual result came in at -$0.18, down 626.3% from the prior year.
  • Debt to Equity climbed to -$0.06 in Q1 2026 per MAGE's latest filing, from -$0.18 in the prior quarter.
  • The five-year high for Debt to Equity was -$0.03 in Q4 2024, with the low at -$0.9 in Q3 2022.
  • Average Debt to Equity over 5 years is -$0.26, with a median of -$0.2 recorded in 2025.
  • Year-over-year, Debt to Equity soared 84.66% in 2022 and plunged 626.3% in 2025.
  • Magellan Copper & Gold's Debt to Equity stood at -$0.1 in 2022, then surged by 48.13% to -$0.05 in 2023, then jumped by 51.16% to -$0.03 in 2024, then sank by 626.3% to -$0.18 in 2025, then surged by 67.68% to -$0.06 in 2026.
  • Business Quant data shows MAGE's Debt to Equity at -$0.06 in Q1 2026, -$0.18 in Q4 2025, and -$0.08 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Barrick Mining 978.09 Bn 980.39 Bn 3.12 Bn 0.13
2 Trx Gold 189.48 Bn 189.48 Bn 21.05 Mn -
3 Newmont 101.22 Bn 92.61 Bn 7.29 Bn 0.14
4 OR Royalties 53.18 Bn 53.08 Bn 88.84 Mn -
5 Wheaton Precious Metals 50.59 Bn 48.43 Bn 699.37 Mn 0.00
6 Aura Minerals 50.25 Bn 50.25 Bn 19.58 Mn -
7 Franco Nevada 40.21 Bn 39.50 Bn 526.30 Mn -
8 Gold Fields 30.19 Bn 28.41 Bn - 0.32
9 Kinross Gold 28.01 Bn 25.95 Bn 1.44 Bn 0.08
10 Magellan Copper & Gold 4.38 Mn 4.38 Mn - -0.06

Historic Data

Download Data
DateValue
Mar 31, 2026 -0.06
Dec 31, 2025 -0.18
Sep 30, 2025 -0.08
Jun 30, 2025 -0.03
Mar 31, 2025 -0.20
Dec 31, 2024 -0.03
Sep 30, 2024 -0.27
Jun 30, 2024 -0.05
Mar 31, 2024 -0.32
Dec 31, 2023 -0.05
Sep 30, 2023 -0.37
Jun 30, 2023 -0.24
Mar 31, 2023 -0.45
Dec 31, 2022 -0.10
Sep 30, 2022 -0.90
Jun 30, 2022 -0.65
Mar 31, 2022 -0.40
Dec 31, 2021 -0.57
Sep 30, 2021 -5.86
Jun 30, 2021 20.53