Mag Magna MGNC

OTC MGNC
$0.55 +0.00 (+0.00%)
At close: Sep 25, 2026 · 4:00 PM EDT
Key Stats
Market Cap3.35 Mn
P/E-13.33
P/S117.23
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About

Mag Magna Corp is a consulting firm that, until January 2026, provided advisory services to poultry farming operations. The company assisted clients with operational improvements, regulatory compliance, and supply chain optimization. Effective December 24, 2025, a change in control occurred when Harpreet Sangha acquired a controlling interest and assumed sole officer and director responsibilities. Following this event, the board redirected the company’s strategy toward…

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Sectors: Basic Materials Industrials Sector rationale The company has undergone a strategic shift to focus on acquiring real property rights for the exploration and sale of rare earth minerals, which falls under the Rare Earths industry in Basic Materials. Its previous business line, providing operational and regulatory consulting services to poultry farming operations, belongs in the Consulting industry within Industrials. Industries: Rare Earths Rare Earths Primary The company has strategically shifted its business direction toward the exploration and sale of rare earth minerals, acquiring 21 parcels of real property in Illinois and 3 mining claims in Arizona. It intends to target industrial consumers of rare earth oxides and metals for high-tech applications. Consulting Consulting Secondary Historically, the company operated as a consulting firm providing advisory services to poultry farming operations regarding operational improvements, regulatory compliance, and supply chain optimization. Classified using BQ-MICS CIK: 0001949864
Peer group

Peer Comparison

Companies in the Rare Earths
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S.No. Ticker Company Market CapP/EP/STotal Debt (Qtr)
1 RTNTF Rio Tinto Ltd 179.45 Bn---0.40 Bn
2 SCCO Southern Copper Corp/ 169.08 Bn29.6710.717.99 Bn
3 NEM NEWMONT Corp /DE/ 122.31 Bn14.384.755.08 Bn
4 TX Ternium S.A. 109.20 Bn152.836.827.81 Bn
5 FCX Freeport-Mcmoran Inc 103.31 Bn35.133.999.39 Bn
6 AEM Agnico Eagle Mines Ltd 92.04 Bn15.73-0.20 Bn
7 B Barrick Mining Corp 68.84 Bn7.393.330.02 Bn
8 MGNC Mag Magna Corp 0.00 Bn-13.33117.23-