Magellan Copper & Gold (MAGE) Debt to Equity (2011 - 2026)
Magellan Copper & Gold (MAGE) reported Debt to Equity of -$0.06 for Q1 2026, up 71.18% year-over-year from -$0.03 in Q1 2025, and up 67.68% quarter-over-quarter from -$0.18 in Q4 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.
- Debt to Equity for Q1 2026 came in at -$0.06, up 71.18% year-over-year; the trailing twelve-month figure through Mar 2026 was -$0.06 (up 71.18% YoY), and the FY2025 annual result was -$0.18, down 626.3% from the prior year.
- Debt to Equity rose to -$0.06 in Q1 2026 per MAGE's latest filing, from -$0.18 in the prior quarter.
- Over five years, Debt to Equity peaked at -$0.03 in Q4 2024 and troughed at -$0.9 in Q3 2022.
- A 5-year average of -$0.26 and a median of -$0.2 in 2025 frame the typical range for Debt to Equity.
- The sharpest annual moves came in 2022 and 2025: Debt to Equity jumped 84.66% in 2022, then slumped 626.3% in 2025.
- A 5-year view of Debt to Equity shows it stood at -$0.1 in 2022, then soared by 48.13% to -$0.05 in 2023, then surged by 51.16% to -$0.03 in 2024, then tumbled by 626.3% to -$0.18 in 2025, then soared 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 | Seabridge Gold | 2,186.27 Bn | 2,186.17 Bn | - | - |
| 2 | Barrick Mining | 996.87 Bn | 999.60 Bn | 3.12 Bn | 0.13 |
| 3 | Wheaton Precious Metals | 410.57 Bn | 409.42 Bn | 699.37 Mn | - |
| 4 | Alamos Gold | 136.28 Bn | 135.62 Bn | 442.20 Mn | - |
| 5 | Gold Fields | 128.61 Bn | 126.83 Bn | - | 0.32 |
| 6 | Kinross Gold | 103.07 Bn | 100.89 Bn | 1.44 Bn | 0.08 |
| 7 | Newmont | 100.59 Bn | 91.98 Bn | 7.29 Bn | 0.14 |
| 8 | Equinox Gold | 47.64 Bn | 47.14 Bn | - | - |
| 9 | AngloGold Ashanti | 44.52 Bn | 41.55 Bn | 1.94 Bn | - |
| 10 | Magellan Copper & Gold | - | - | - | -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 |