Magellan Gold

OverviewSuggest Edit

Magellan Gold Corporation is an enterprise engaged in the exploration and development of gold and silver mines. The Company’s goal is to produce significant cash flow from precious metals holdings while creating a portfolio of quality exploration and development projects that will ensure future revenue growth.

TypePublic
Founded2001
HQVacaville, US
Websitemagellangoldcorp.com

Latest Updates

Employees (est.) (Dec 2018)36
Revenue (FY, 2018)$124 K

Magellan Gold Office Locations

Magellan Gold has an office in Vacaville
Vacaville, US (HQ)
2010 Harbison Dr #312
Show all (1)

Magellan Gold Financials and Metrics

Magellan Gold Revenue

Magellan Gold's revenue was reported to be $123.96 k in FY, 2018
USD

Net income (Q2, 2019)

(515.2k)

EBIT (Q2, 2019)

(418.2k)

Cash (30-Jun-2019)

1.8k

EV

3.0m
Annual
USDFY, 2018

Revenue

124.0k

Cost of goods sold

437.7k

Gross profit

(313.8k)

Gross profit Margin, %

(253%)
Quarterly
USDQ1, 2016Q2, 2016Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Revenue

122.8k2.4k32.5k

Cost of goods sold

315.2k121.0k94.8k73.8k

Gross profit

(192.4k)(118.6k)(62.3k)

Gross profit Margin, %

(157%)(4905%)(192%)
Annual
USDFY, 2013FY, 2015FY, 2018

Cash

2.1k867.04.9k

Current Assets

2.1k22.3k120.2k

Total Assets

175.4k354.1k1.5m

Accounts Payable

65.6k34.4k540.6k
Quarterly
USDQ1, 2014Q2, 2014Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Cash

79.024.02.2k2.1k91.6k2.0k2.1k428.01.8k

Current Assets

1.3k21.5k51.8k37.4k17.5k107.4k158.4k146.4k106.2k109.9k

Total Assets

254.6k253.3k383.7k369.3k349.3k439.2k1.8m2.0m1.6m1.6m

Accounts Payable

73.1k79.0k31.0k37.6k53.1k38.1k409.8k485.2k544.0k580.3k
Annual
USDFY, 2013FY, 2015FY, 2018

Net Income

(213.4k)(284.8k)(2.3m)

Depreciation and Amortization

118.8k

Accounts Payable

396.1k

Cash From Operating Activities

(240.9k)(154.3k)(642.4k)
Quarterly
USDQ1, 2014Q2, 2014Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Net Income

(45.6k)(158.5k)(112.0k)(209.1k)(66.5k)(337.1k)(891.7k)(1.4m)(336.9k)(852.1k)

Depreciation and Amortization

61.0k91.7k30.6k61.4k

Accounts Payable

236.9k366.2k86.4k147.4k

Cash From Operating Activities

(32.0k)(129.1k)(70.0k)(127.2k)(40.7k)(136.6k)(306.3k)(418.2k)(74.2k)(143.6k)
USDY, 2019

EV/EBIT

-7.3 x

EV/CFO

-21.1 x
Show all financial metrics

Magellan Gold Online and Social Media Presence

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Magellan Gold News and Updates

Magellan Gold Corporation Announces Completion of Reverse Split of Its Common Stock

RENO, Nevada, January 4, 2019 /PRNewswire/ -- Magellan Gold Corporation (OTCQB: MAGE) ("Magellan" or "the Company"), a U.S. based mining and exploration enterprise focused on silver and gold, announced today the effectiveness of a 1-for-50 reverse split of its common stock. Shares of...

Magellan Gold Blogs

Magellan Gold Names Frank A. Pastorino Chief Operating Officer

Reno, Nevada —- Magellan Gold Corporation (OTCQB: MAGE) (“Magellan” or “the Company”), is pleased to announce the immediate appointment of Frank A. Pastorino as Chief Operating Officer, further strengthening Magellan’s senior management team.  The Company announced David Drips as President & CEO…

Magellan Gold Names David E. Drips President and Chief Executive Officer

Reno, Nevada —- Magellan Gold Corporation (OTCQB: MAGE) (“Magellan” or “the Company), is pleased to announce the immediate appointment of David E. Drips as Chief Executive Officer, President, and Director of the Company. Mr. Drips replaces Dr. Pierce Carson who retired on June 1, 2019. David Drips h…

Magellan Gold Provides Update on Mexican Activities

Reno, Nevada – Magellan Gold Corporation (OTCQB:  MAGE) (“Magellan”or “the Company), today provided an update on its El Dorado Gold-Silver Mine and its SDA Mill located in Nayarit State, Mexico. In March, the Company gained the support of the local permitting officials. It anticipates the new federa…

Magellan Engages Senior Mining Consultant for Evaluation and Design of El Dorado Gold-Silver Mine

Reno, Nevada – Magellan Gold Corporation (OTCQB:  MAGE) (“Magellan”or “the Company”) is pleased to announce that it has engaged the sevices of senior  mining consultant David E.Drips to provide guidance in the evaluation, design  and development of the Company’s El Dorado Gold-Silver mining project,…

Magellan Completes Bulk Test at SDA Mill for Toll Milling Contract

Reno, Nevada – Magellan Gold Corporation (OTCQB:  MAGE) (“Magellan”or “the Company”), a U.S. based mining and exploration enterprise focused on silver and gold, today announced it has completed a bulk test of mineralized material supplied and delivered by a private third-party to the Company’s SDA M…

Magellan Gold Corporation Announces Completion of Reverse Split of Its Common Stock

Reno, Nevada – Magellan Gold Corporation (OTCQB:  MAGE) (“Magellan”or “the Company”), a U.S. based mining and exploration enterprise focused on silver and gold, announced today the effectiveness of a 1-for-50 reverse split of its common stock.  Shares of Magellan common stock will begin trading on a…
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Magellan Gold Frequently Asked Questions

  • When was Magellan Gold founded?

    Magellan Gold was founded in 2001.

  • How many employees does Magellan Gold have?

    Magellan Gold has 36 employees.

  • What is Magellan Gold revenue?

    Latest Magellan Gold annual revenue is $124 k.

  • What is Magellan Gold revenue per employee?

    Latest Magellan Gold revenue per employee is $3.4 k.

  • Who are Magellan Gold competitors?

    Competitors of Magellan Gold include Entree Gold, Patagonia Gold and Greatland Gold.

  • Where is Magellan Gold headquarters?

    Magellan Gold headquarters is located at 2010 Harbison Dr #312, Vacaville.

  • Where are Magellan Gold offices?

    Magellan Gold has an office in Vacaville.

  • How many offices does Magellan Gold have?

    Magellan Gold has 1 office.