MAGELLAN COPPER & GOLD Corp (MAGE)
Magellan Gold Corporation, an Idaho-based entity in the exploration phase, concentrates its efforts on finding, acquiring, and advancing mineral resources within the state. Its core asset is the Center Star Gold Mine, entirely owned by the company, which covers 620 acres across 31 unpatented lode claims near Elk City, Idaho. Furthermore, Magellan Gold is systematically developing a group of operational gold mines throughout the Western United States. The company was founded in 2010 and operates from its main office in Wallace, Idaho.
Sector: Metal Mining
Industry: Other Precious Metals
Magellan Gold Corporation
OTC:MAGEBasic Materials · Other Precious Metals
+0.00%$0.0975
Mkt Cap$2.53M
Float9.88M
O/S25.96M
Inst Own-
SI<0.1%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$0
Net Income-$432K
Total Assets$10K
Free Cash Flow-$37K
Debt & Equity
Total Debt$859K
Total Equity-$2.09M
Shares Outstanding
Short Interest
Split History1 split · 1 reverse
- 1:50Reverse splitJan 7, 201950 shares → 1
Balance Sheet Details
Assets$10K
Liabilities$2.1M
Accounts Receivable$0
Accounts Payable$430K
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 |
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $33K | $124K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| YoY Growth | - | - | - | - | - | - | -73.8% | - | - | - | - | - | - | - | - |
| Cost of Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $408K | $557K | $12K | $0 | $0 | $0 | $0 | $2K | $0 |
| Gross Profit | $0 | $0 | $0 | $0 | $0 | $0 | -$376K | -$433K | -$12K | $0 | $0 | $0 | $0 | -$2K | $0 |
| Gross Margin | - | - | - | - | - | - | -1156.7% | -349.0% | - | - | - | - | - | - | - |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $182K | $320K | $230K | $243K | $1.77M | $1.18M | $1.08M | $887K | $964K | $354K | $174K | $92K | $84K | $273K | $114K |
| Other | $100K | $0 | $1.19M | $0 | $0 | $0 | $10K | -$49K | $74K | $71K | $19K | $135K | $98K | $59K | $21K |
| Total Operating Expenses | $282K | $320K | $1.42M | $243K | $1.77M | $1.18M | $1.09M | $907K | $1.04M | $424K | $193K | $227K | $182K | $331K | $135K |
| Operating Income (EBIT) | -$282K | -$320K | -$1.42M | -$1.28M | -$1.77M | -$1.18M | -$1.47M | -$1.66M | -$1.38M | -$424K | -$193K | -$227K | -$196K | -$436K | -$135K |
| Operating Margin | - | - | - | - | - | - | -4519.2% | -1341.3% | - | - | - | - | - | - | - |
| Interest Expense | $78K | $83K | $101K | $282K | $231K | $425K | $526K | $719K | $96K | $62K | $56K | $68K | $17K | $5K | $1K |
| Interest Income | $0 | $0 | $0 | $282 | $231 | $425 | $526 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$150K | -$450K | -$40K | -$280K | -$55K | -$2.51M | -$3.21M | -$652K | -$754K | -$136K | -$92K | -$69K | -$17K | -$5K | -$1K |
| Income Before Tax (EBT) | -$432K | -$770K | -$1.46M | -$1.56M | -$1.83M | -$3.68M | -$5.14M | -$2.31M | -$2.14M | -$560K | -$285K | -$296K | -$213K | -$441K | -$136K |
| Income Tax Expense | $0 | $0 | $0 | $0 | $231K | $0 | $526K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income | -$432K | -$770K | -$1.46M | -$1.56M | -$2.06M | -$3.71M | -$5.14M | -$2.31M | -$2.14M | -$553K | -$274K | -$296K | -$213K | -$441K | -$136K |
| Net Income Margin | - | - | - | - | - | - | -15802.5% | -1867.1% | - | - | - | - | - | - | - |
| Supplementary Data | |||||||||||||||
| EPS | -0.02 | -0.03 | -0.08 | -0.13 | -0.23 | -0.74 | -1.61 | -0.97 | -1.46 | -0.49 | -0.28 | -0.30 | -0.22 | -0.51 | -0.21 |
| Diluted EPS | -0.02 | -0.03 | -0.08 | -0.13 | -0.23 | -0.74 | -1.61 | -0.97 | -1.46 | -0.49 | -0.28 | -0.30 | -0.22 | -0.51 | -0.21 |
| Weighted Average OS | 26.16M | 25.08M | 18.30M | 11.74M | 9.48M | 5.33M | 3.52M | 2.39M | 1.47M | 1.13M | 977,381 | 977,381 | 977,381 | 871,416 | 660,000 |
| EBITDA | -$354K | -$367K | -$1.35M | $0 | -$55K | -$3.26M | -$887K | -$1.48M | -$785K | -$396K | -$35K | -$198K | -$182K | -$436K | -$135K |
| EBITDA Margin | - | - | - | - | - | - | -2727.9% | -1191.5% | - | - | - | - | - | - | - |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 |
| Assets | ||||||||||||||||
| Current Assets | ||||||||||||||||
| Cash and Cash Equivalents | $547 | $896 | $99 | $743 | $19K | $0 | $5K | $5K | $421 | $485 | $867 | $94 | $2K | $4K | $107 | $42K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $71K | $110K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $547 | $896 | $99 | $743 | $19K | $0 | $5K | $75K | $110K | $485 | $867 | $94 | $2K | $4K | $107 | $42K |
| Accounts Receivable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $27K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $10K | $0 | $0 | $6K | $0 | $0 | $37K | $0 | $0 | $0 | $21K | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $10K | $896 | $99 | $7K | $29K | $2K | $61K | $120K | $258K | $26K | $22K | $94 | $2K | $4K | $4K | $42K |
| Long-Term Assets | ||||||||||||||||
| Property, Plant & Equipment Net | $0 | $100K | $100K | $194K | $1M | $1M | $1.08M | $1.1M | $1.48M | $323K | $323K | $323K | $143K | $118 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $194K | $194K | $113K | $0 | $0 | $0 | $0 | $0 | $0 | $143K | $118K | $98K | $39K |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $60K | $9K | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $0 | $0 | $0 | -$194K | $0 | $0 | $388K | $301K | $216K | $30K | $0 | $9K | -$113K | -$118 | $0 | $0 |
| Total Long-Term Assets | $0 | $100K | $100K | $194K | $1.19M | $1.11M | $1.46M | $1.4M | $1.7M | $413K | $332K | $332K | $173K | $118K | $98K | $39K |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $10K | $101K | $100K | $201K | $1.22M | $1.12M | $1.53M | $1.52M | $1.95M | $439K | $354K | $332K | $175K | $122K | $102K | $81K |
| Liabilities | ||||||||||||||||
| Current Liabilities | ||||||||||||||||
| Accounts Payable | $430K | $352K | $310K | $215K | $220K | $221K | $106K | $541K | $270K | $51K | $34K | $20K | $66K | $86K | $74K | $7K |
| Short-Term Debt | $859K | $902K | $869K | $937K | $784K | $540K | $1.44M | $2.7M | $2.5M | $1.03M | $1M | $846K | $420K | $26K | $60K | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $39K | $18K | $334K | $10K | $33K | $0 | $0 | $239K | $111K | $62K | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $100K | $212K | $108K | $169K | -$144K | $48K | $700K | $15K | $0 | $120K | $170K | $31K | $21K | $128K | $29K | $0 |
| Total Current Liabilities | $2K | $1.98M | $1.78M | $1.7M | $1.49M | $1.48M | $2.56M | $3.91M | $3.09M | $1.44M | $1.22M | $958K | $506K | $239K | $165K | $7K |
| Long-Term Liabilities | ||||||||||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $131K | $116K | $116K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $762K | $131K | $116K | $116K | $1.08M | $1.04M | $866K | $86K | $106K | $138K | $7K |
| Other Liabilities | $0 | $0 | $0 | $0 | -$1M | -$762K | $0 | $0 | $0 | -$1.08M | -$1.04M | -$866K | -$86K | -$106K | -$138K | -$7K |
| Total Liabilities | $2.1M | $1.98M | $1.78M | $1.7M | $1.49M | $1.48M | $2.69M | $4.03M | $3.2M | $1.44M | $1.22M | $958K | $506K | $239K | $165K | $7K |
| Stockholders' Equity | ||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $1.92M | $2.42M | $0 | $0 | $1 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $27K | $26K | $20K | $13K | $11K | $7K | $4K | $3K | $96K | $65K | $49K | $49K | $49K | $49K | $33K | $33K |
| Retained Earnings | -$22.2M | -$21.76M | -$20.99M | -$19.53M | -$17.97M | -$15.83M | -$11.9M | -$6.71M | -$4.06M | -$1.92M | -$1.37M | -$1.1M | -$799K | -$586K | -$145K | -$9K |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 | -$69K | -$109K | -$88K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $20.07M | $19.86M | $19.29M | $18.02M | $17.69M | $15.46M | $10.74M | $4.2M | $2.72M | $857K | $424K | $420K | $420K | $420K | $50K | $50K |
| Total Equity | -$2.09M | -$1.88M | -$1.68M | -$1.5M | -$266K | -$363K | -$1.16M | -$2.5M | -$1.25M | -$1M | -$896K | -$626K | -$331K | -$117K | -$63K | $74K |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $35K | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $10K | $101K | $100K | $201K | $1.22M | $1.12M | $1.53M | $1.52M | $1.95M | $439K | $319K | $332K | $175K | $122K | $102K | $81K |
| Supplementary Data | ||||||||||||||||
| Total Debt | $859K | $902K | $869K | $937K | $784K | $540K | $1.44M | $2.7M | $2.5M | $1.03M | $1M | $846K | $20K | $20K | $60K | $0 |
| Net Debt | $858K | $901K | $869K | $936K | $765K | $540K | $1.44M | $2.7M | $2.5M | $1.03M | $1M | $846K | $18K | $16K | $60K | -$42K |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 |
| Operating Activities | |||||||||||||||
| Net Income | -$432K | -$770K | -$1.46M | -$1.56M | -$2.06M | -$3.68M | -$5.14M | -$2.31M | -$2.14M | -$560K | -$285K | -$296K | -$213K | -$441K | -$136K |
| Depreciation & Amortization | $0 | $320K | $10K | $243K | $1.77M | $0 | $122K | $119K | $12K | $29K | $193K | $30K | $15K | $103 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $3.25M | $211K | $1.06M | $24K | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $30K | $62K | $25K | $111K | $1.45M | $635K | $423K | $37K | $304K | $21 | $29 | $0 | $0 | $3 | $0 |
| Changes in Working Capital: | |||||||||||||||
| Accounts Receivable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $27K | -$27K | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $129K | $115K | $129K | -$4K | $29K | $349K | $511K | $396K | $229K | $89K | $18K | $6K | -$21K | $12K | $37K |
| Other Working Capital | $64K | $83K | $97K | $68K | $40K | $63K | $183K | $369K | $58K | $70K | $48K | $60K | -$22K | $11K | $2K |
| Total Working Capital Change | $193K | $198K | $226K | $64K | $70K | $411K | $694K | $765K | $287K | $159K | $66K | $65K | -$42K | $23K | $38K |
| Other Non-Cash Items | $173K | $47K | $1.13M | $994K | -$1.55M | $2.45M | $268K | $540K | $13K | $49K | -$129K | $580 | $0 | $251K | $0 |
| Net Cash from Operating | -$37K | -$143K | -$71K | -$148K | -$313K | -$188K | -$381K | -$642K | -$466K | -$278K | -$154K | -$200K | -$241K | -$166K | -$98K |
| Investing Activities | |||||||||||||||
| Capital Expenditures | $0 | $0 | -$100K | -$769 | -$81K | -$114K | $0 | -$16K | -$1M | -$12K | $0 | -$180K | -$40K | -$123K | -$28K |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | -$50K | -$50K | -$58K | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$58K | -$60K | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.06M | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | -$100K | $0 | $0 | $0 | $0 | -$25K | -$50K | $58K | -$12K | $0 | -$180 | -$40 | -$123 | -$28K |
| Net Cash from Investing | $0 | -$100K | -$100K | -$769 | -$81K | -$114K | -$75K | -$66K | -$1.06M | -$72K | $0 | -$180K | -$40K | -$123K | -$28K |
| Financing Activities | |||||||||||||||
| Debt Repaid | - | - | - | - | -$175K | -$285K | -$135K | -$400K | -$1.34M | - | - | - | - | - | - |
| Common Stock Issuance | $140K | $253K | $253K | $0 | $287K | $39K | $30K | $460K | $175K | $304K | $0 | $0 | $0 | $213K | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | -$180K | -$80K | -$216K | $0 | -$324K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$83K | $30K | -$5K | $233K | $30K | $125K | $322K | $904K | $183K | $0 | -$3K | $3K | -$6K | $61K | $25K |
| Net Cash from Financing | $37K | $144K | $170K | $131K | $412K | $233K | $457K | $742K | $1.53M | $349K | $155K | $378K | $279K | $294K | $85K |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $69K | -$454 | -$29K | -$1K | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$349 | $797 | -$644 | -$18K | $19K | -$167 | $470 | $4K | -$64 | -$382 | $773 | -$2K | -$2K | $4K | -$42K |
| Supplementary Data | |||||||||||||||
| Operating Cash Flow | -$37K | -$143K | -$71K | -$148K | -$313K | -$188K | -$381K | -$642K | -$466K | -$278K | -$154K | -$200K | -$241K | -$166K | -$98K |
| Capital Expenditure | $0 | $0 | -$100K | -$769 | -$81K | -$114K | $0 | -$16K | -$1M | -$12K | $0 | -$180K | -$40K | -$123K | -$28K |
| Free Cash Flow | -$37K | -$143K | -$171K | -$149K | -$393K | -$302K | -$381K | -$658K | -$1.47M | -$290K | -$154K | -$380K | -$281K | -$290K | -$127K |
| Cash at Beginning | $896 | $99 | $743 | $19K | $0 | $167 | $5K | $421 | $485 | $867 | $94 | $2K | $4K | $107 | $42K |
| Cash at End | $547 | $896 | $99 | $743 | $19K | $0 | $5K | $5K | $421 | $485 | $867 | $94 | $2K | $4K | $107 |