Companies · Mining & Resources

MAGELLAN GOLD Corp

WALLACE · Mining & Resources · refined from filed group “Other

Diligence memoA one-page analyst read on MAGELLAN GOLD Corp — recommendation, valuation, rhythm, risks.
$2.4M
Total raised · real
8
Rounds
2.4×
Latest step-up
Top 48%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Fri Sep 08 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

MAGELLAN GOLD Corp looks over-valued against its niche peers and is at-risk on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the extractive sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Over-valued
  • Modeled value is 2.65× the median modeled value of Pre-Seed Mining & Resources companies in 2022–2024 (80 peers) — value vs value, same stage and era.
  • Issuer reports no revenue, yet is modeled well above niche peers.
At-risk
  • Last raise 2.8 yr ago; this sector typically re-raises about every 11 months.
  • Past due for a raise versus sector cadence — watch for distress or a bridge.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Mining & Resources

MAGELLAN GOLD Corp is one of 701 Mining & Resources companies tracked from WALLACE. By capital raised it ranks mid-pack (ahead of 53% of sector peers), and mid-pack by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
No revenue
Issuer revenue
Rule 506(b)
Reg D exemption
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$1.3M$2.5M$3.8M$5.0MPre-Seed · 2018-02-19 Raised $100K (real) Modeled valuation $667K (est)Pre-Seed2018Pre-Seed · 2018-02-26 Raised $250K (real) Modeled valuation $1.7M (est)Pre-Seed2018Pre-Seed · 2018-07-01 Raised $500K (real) Modeled valuation $3.3M (est)Pre-Seed2018Pre-Seed · 2018-07-01 Raised $250K (real) Modeled valuation $1.7M (est)Pre-Seed2018Pre-Seed · 2018-10-02 Raised $161K (real) Modeled valuation $1.1M (est)Pre-Seed2018Pre-Seed · 2018-10-31 Raised $205K (real) Modeled valuation $1.4M (est)Pre-Seed2018Pre-Seed · 2018-12-04 Raised $120K (real) Modeled valuation $801K (est)Pre-Seed2018Pre-Seed · 2020-05-27 Raised $285K (real) Modeled valuation $1.9M (est)Pre-Seed2020Pre-Seed · 2020-07-01 Raised $250K (real) Modeled valuation $1.7M (est)Pre-Seed2020Pre-Seed · 2023-09-08 Raised $602K (real) Modeled valuation $1.9M (est)Pre-Seed2023+$250K+$500K+$250K+$161K+$205K+$120K+$285K+$250K+$602KCumulative $2.7M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Pre-Seed$100K · 2018
Pre-Seed extension$250K · 2018
Pre-Seed extension$500K · 2018
Pre-Seed extension$250K · 2018
Pre-Seed extension$161K · 2018
Pre-Seed extension$205K · 2018
Pre-Seed extension$120K · 2018
Pre-Seed extension$285K · 2020
Pre-Seed extension$250K · 2020
Pre-Seed extension$602K · 2023

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$1.9M
Base estimate est.
$381K
Conservative case
$8.1M
Upside case
$3.3M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Pre-Seeda round under $1.0M). Valuation is modeled from stage benchmarks scaled by the extractive sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $667K · 2018-02-192018Pre-Seed · modeled $1.7M · 2018-02-26Pre-Seed · modeled $3.3M · 2018-07-01Pre-Seed · modeled $1.7M · 2018-07-01Pre-Seed · modeled $1.1M · 2018-10-02Pre-Seed · modeled $1.4M · 2018-10-31Pre-Seed · modeled $801K · 2018-12-04Pre-Seed · modeled $1.9M · 2020-05-27Pre-Seed · modeled $1.7M · 2020-07-01Pre-Seed · modeled $1.9M · 2023-09-082023
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
28%
Survival probability
11% low · 52% high
1.27×/yr
Annual markup
1.72×/yr upside case
2.8 yr
Elapsed time used
2.8 yr actual, capped for stale marks
extractive
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
7 mo
Avg between rounds
$428K/yr
Capital velocity
8.4 yr
On record since
2018
First round
10
Rounds on file
How it compares to the market

Benchmarked against 701 companies in Mining & Resources. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 1.0× above median
This company$2.4M
Sector median$2.3M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 2.2× above median
This company$602K
Sector median$271K
Modeled value — vs sector median (estimate, all stages) 0.7× of median
This company$1.9M
Sector median$2.5M

Raised more than 53% of sector peers (real $). Modeled value above 46% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Pre-Seed) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #14 of 80.

This companyCohort peer
$1.0M$10.0M$100K$1.0M$10.0MCapital raised (log)CMC Metals Ltd. · Pre-Seed Raised $815K · modeled $3.7M (est)Blueprint Mining I LLC · Pre-Seed Raised $830K · modeled $3.6M (est)US Critical Metals Corp. · Pre-Seed Raised $819K · modeled $3.6M (est)Infinitum Copper Corp. · Pre-Seed Raised $803K · modeled $3.3M (est)Advanced Gold Exploration Inc. · Pre-Seed Raised $999K · modeled $3.1M (est)Power Metal Resources PLC · Pre-Seed Raised $793K · modeled $2.6M (est)American Metal LLC · Pre-Seed Raised $850K · modeled $2.4M (est)Double Gold Holdings, Inc. · Pre-Seed Raised $900K · modeled $2.4M (est)Silver Bay Seafoods-California, LLC · Pre-Seed Raised $630K · modeled $2.4M (est)Radisson Mining Resources Inc. · Pre-Seed Raised $976K · modeled $2.3M (est)Majuba Hill Copper Corp. · Pre-Seed Raised $622K · modeled $2.0M (est)Bald Eagle Gold Corp. · Pre-Seed Raised $662K · modeled $1.9M (est)MAGELLAN GOLD Corp (this company) Raised $2.4M · modeled $1.9M (est)MAGELLAN GOLD Corp
CompanyStageRaised · realValue · estvs peer med.
CMC Metals Ltd.Pre-Seed$815K$3.7M5.19×
Blueprint Mining I LLCPre-Seed$830K$3.6M5.05×
US Critical Metals Corp.Pre-Seed$819K$3.6M5.05×
Infinitum Copper Corp.Pre-Seed$803K$3.3M4.64×
Advanced Gold Exploration Inc.Pre-Seed$999K$3.1M4.34×
Power Metal Resources PLCPre-Seed$793K$2.6M3.75×
American Metal LLCPre-Seed$850K$2.4M3.45×
Double Gold Holdings, Inc.Pre-Seed$900K$2.4M3.36×
Silver Bay Seafoods-California, LLCPre-Seed$630K$2.4M3.34×
Radisson Mining Resources Inc.Pre-Seed$976K$2.3M3.28×
Majuba Hill Copper Corp.Pre-Seed$622K$2.0M2.88×
Bald Eagle Gold Corp.Pre-Seed$662K$1.9M2.75×
MAGELLAN GOLD Corp this companyPre-Seed$2.4M$1.9M2.65×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Pre-Seed$100K2018-02-19$556K$667K90%
Pre-Seed$250K2018-02-26$1.4M$1.7M90%
Pre-Seed$500K2018-07-01$2.8M$3.3M90%
Pre-Seed$250K2018-07-01$1.4M$1.7M90%
Pre-Seed$161K2018-10-02$893K$1.1M90%
Pre-Seed$205K2018-10-31$1.1M$1.4M90%
Pre-Seed$120K2018-12-04$667K$801K90%
Pre-Seed$285K2020-05-27$1.6M$1.9M90%
Pre-Seed$250K2020-07-01$1.4M$1.7M90%
Pre-Seed$602K2023-09-08$3.3M$1.9M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Pre-Seed$100K2018-02-19
    • First recorded raise — entered as Pre-Seed.
    • 1 investor on this round.
  2. Pre-Seed$250K2018-02-26
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 2.5× larger than the prior — scaling up.
    • 6 investors on this round.
  3. Pre-Seed$500K2018-07-01
    • Came back fast: 4 mo vs the ~11 mo sector norm.
    • Round 2.0× larger than the prior — scaling up.
  4. Pre-Seed$250K2018-07-01
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 2.0× smaller than the prior — bridge or down round.
  5. Pre-Seed$161K2018-10-02
    • Came back fast: 3 mo vs the ~11 mo sector norm.
    • Round 1.6× smaller than the prior — bridge or down round.
    • 2 investors on this round.
  6. Pre-Seed$205K2018-10-31
    • Came back fast: 1 mo vs the ~11 mo sector norm.
    • Round roughly the size of the prior one.
    • 5 investors on this round.
  7. Pre-Seed$120K2018-12-04
    • Came back fast: 1 mo vs the ~11 mo sector norm.
    • Round 1.7× smaller than the prior — bridge or down round.
    • 2 investors on this round.
  8. Pre-Seed$285K2020-05-27
    • Raised again after 18 mo — slower than the ~11 mo sector norm.
    • Round 2.4× larger than the prior — scaling up.
    • 6 investors on this round.
  9. Pre-Seed$250K2020-07-01
    • Came back fast: 1 mo vs the ~11 mo sector norm.
    • Round roughly the size of the prior one.
  10. Pre-Seed$602K2023-09-08
    • Raised again after 38 mo — slower than the ~11 mo sector norm.
    • Round 2.4× larger than the prior — scaling up.
Intelligence
2024 ~Q2
Modeled next raise · ~7mo cadence
$1.4M
Modeled next size est.range $942K$2.3M
2.4×
Last step-up
$428K/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
John Power3 other2020-05
Michael Lavigne3 other2020-05
Deepak Malhotra2 other2020-05
JOHN C POWER1 other2018-02
David E. Drips2020-07
Gregory Schifrin2020-05
Mark Rodenbeck2020-05
Michael P. Martinez2018-02
W. Pierce Carson2018-02
Registry & provenance

MAGELLAN GOLD Corp is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1515317
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Athena Gold CorpMining & ResourcesPre-Seed$4.2M$843Knetwork2 shared operators · same sector · same stage
Sonoro Gold Corp.Mining & ResourcesPre-Seed$2.4M$397Ksame sector · same stage
Blue Sky Uranium Corp.Mining & ResourcesPre-Seed$2.3M$2.5Msame sector · same stage
Latin Metals Inc.Mining & ResourcesPre-Seed$2.4M$856Ksame sector · same stage
Bravada Gold CorpMining & ResourcesPre-Seed$2.5M$253Ksame sector · same stage
Nevada Sunrise Gold CorpMining & ResourcesPre-Seed$2.3M$349Ksame sector · same stage
Intrepid Metals Corp.Mining & ResourcesPre-Seed$2.5M$658Ksame sector · same stage
Avrupa Minerals Ltd.Mining & ResourcesPre-Seed$2.2M$693Ksame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
U.S. Gold Corp.Mining & ResourcesSeries B$115.0M85%
Magna Gold Corp.Mining & ResourcesPre-Seed$5.0M85%
Compass Gold CorpMining & ResourcesPre-Seed$242K85%
Gold Port CorpMining & ResourcesPre-Seed$417K85%
Omega Gold Corp.Mining & ResourcesPre-Seed$595K84%
St. James Gold Corp.Mining & ResourcesPre-Seed$959K84%
Gold Royalty Corp.Mining & ResourcesSeries B$118.8M84%
Galleon Gold Corp.Mining & ResourcesPre-Seed$1.1M84%
Frequently asked
How much funding has MAGELLAN GOLD Corp raised?
MAGELLAN GOLD Corp has raised approximately $2.4M in disclosed capital across 8 recorded financing rounds, aggregated from public filings.
What is MAGELLAN GOLD Corp's estimated valuation?
Provath's modeled valuation for MAGELLAN GOLD Corp is approximately $1.9M (modeled range $381K–$8.1M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is MAGELLAN GOLD Corp at?
MAGELLAN GOLD Corp's latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Fri Sep 08.
What does MAGELLAN GOLD Corp do and where is it based?
MAGELLAN GOLD Corp operates in the Mining & Resources sector, based in WALLACE.
Explore related

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