Top Markets
Coin of the day
MGX Minerals Inc. MGX Minerals Inc.

MGX Minerals Inc.

XMG
Rank in Stocks #35531
MGX Minerals Inc. specializes in the acquisition, exploration, and advancement... MGX Minerals Inc. specializes in the acquisition, exploration, and advancement of both mineral resources and industrial technologies. The company actively manages and invests in a varied portfolio of Canadian mineral properties, featuring deposits such as lithium, magnesium oxide, silica, niobium-tantalum, and gold. Its wholly-owned assets include the Fran Property in British Columbia's Omineca Mining District, the Longworth Silica Property, Wonah mineral claims, the Alberta Lithium property, and the Gibraltar Claims. Additionally, MGX holds a 90% interest in the Driftwood Property, alongside stakes in the Koot Silica Property, Sturgeon Lake Lithium Brine Property, REN mineral claims, Kibby Basin, the HeinoMoney Gold deposit, and Tillicum claims. Beyond its mineral operations, the firm owns, operates, and markets water treatment systems to the oil and gas industry. It also boasts proprietary technology for extracting lithium from brine that bypasses the need for solar evaporation. The company's headquarters are located in Vancouver, Canada.
Share Price
$0.03703567
Last synced: 2023-05-23
Market Cap
$3.78M
Change (1 day)
-0.04%
Change (1 year)
0.00%
Country
CA
Trade MGX Minerals Inc. (XMG)
P/E ratio for MGX Minerals Inc. (XMG)
P/E ratio as of 2026 TTM: 0
According to MGX Minerals Inc. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2026 the company had a P/E ratio of 0.
P/E ratio history for MGX Minerals Inc. from 2026 to 2026
P/E ratio at the end of each year
Year P/E Ratio Change
Not enough data for the provided dates.
P/E ratio for similar companies or competitors
How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.

Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.