MeritValue

MAGELLAN COPPER & GOLD Corp

MAGEdata completeness 63%15 fiscal years on file

Data notes: no data for concept 'totalDebt'; no data for concept 'investmentsAtFairValue'; no data for concept 'netInvestmentIncome'; no data for concept 'gainsOnRealEstateSales'; no data for concept 'realEstateImpairment'; no data for concept 'dividendsPaid'; no data for concept 'pretaxIncome'

i. The business — what you’d actually own
FigureFY 2021FY 2022FY 2023FY 2024FY 2025
Revenue—————
Net income−$2.06M1−$1.56M2−$1.46M3−$769,8104−$432,0254
Operating cash flow−$312,8825−$148,2546−$70,5437−$142,7038−$36,9598
Capital expenditure—————
Free cash flow (derived)—————
Total debt—————
Cash & equivalents$18,7669$74310$9911$89611$54711
Diluted shares9.5M11.7M19.2M25.5M27.1M

Superscripts are receipts. Each links to the SEC filing the number came from (full list at the bottom).

ii. Your slice — ownership made literal
If you owned
shares
Net assets behind them
−$0.77
your share of equity
Profit it earned you last year
−$0.16
Free cash flow it threw off
—
Debt you’d be carrying
—

10 shares is a claim on −$0.77 of net worth that earned you −$0.16 last year.

iii. Is this a good business?
Moat signal · return on equity
— avg · 5y

Not enough data in the filings for a return-on-capital reading.

seeing a moat in the numbers →
Management signal · capital allocation
+186% shares · 5y

Share count is up 186% over 5 years — owners have been diluted. Worth asking what they got for it.

reading capital allocation →

Signals, not verdicts — read from the filings above. Numbers don’t prove a moat; they show its footprint. You decide.

iv. What it’s worth — engine v0.5.0
DCF · Growth Exit 10Y
not applicable
only 0 years of FCF (need ≥3) — model not applicable
DCF · Growth Exit 5Y
not applicable
only 0 years of FCF (need ≥3) — model not applicable
Earnings Power Value
not applicable
normalized (5y-median) earnings non-positive — EPV undefined
Graham Number
not applicable
diluted EPS missing or non-positive — Graham Number undefined

Different models answer different questions — which to trust when →

Sources — the receipts
  1. 10-K/A · period ending 2021-12-31 · accession 0001683168-23-004959 (NetIncomeLoss)
  2. 10-K · period ending 2022-12-31 · accession 0001683168-24-002501 (NetIncomeLoss)
  3. 10-K · period ending 2023-12-31 · accession 0001683168-25-002076 (NetIncomeLoss)
  4. 10-K · period ending 2024-12-31 · accession 0001683168-26-002499 (NetIncomeLoss)
  5. 10-K/A · period ending 2021-12-31 · accession 0001683168-23-004959 (NetCashProvidedByUsedInOperatingActivities)
  6. 10-K · period ending 2022-12-31 · accession 0001683168-24-002501 (NetCashProvidedByUsedInOperatingActivities)
  7. 10-K · period ending 2023-12-31 · accession 0001683168-25-002076 (NetCashProvidedByUsedInOperatingActivities)
  8. 10-K · period ending 2024-12-31 · accession 0001683168-26-002499 (NetCashProvidedByUsedInOperatingActivities)
  9. 10-K · period ending 2021-12-31 · accession 0001683168-24-002501 (CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents)
  10. 10-K · period ending 2022-12-31 · accession 0001683168-25-002076 (CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents)
  11. 10-K · period ending 2023-12-31 · accession 0001683168-26-002499 (CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents)