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| Date | Value |
|---|---|
| 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 |