Diligence memo · auto-generated · as of July 2, 2026
MAGELLAN GOLD Corp
MAGELLAN GOLD Corp looks over-valued against its niche peers and is at-risk on financing cadence.
Businessfiled
MAGELLAN GOLD Corp operates in Mining & Resources, based in WALLACE.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
MAGELLAN GOLD Corp has raised $2.4M in disclosed capital across 8 recorded rounds, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $602K on 2023-09-08.
Most recent recorded round closed around 2023-09-08.
Valuation (modeled)modeled
Provath models MAGELLAN GOLD Corp at approximately $1.9M (range $381K–$8.1M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: 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.
Financing rhythm & timingmixed
Historic cadence: a new round about every 7 months.
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.
The last round stepped up 2.4× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 53% of Mining & Resources peers (701 compared).
Modeled value ranks above 46% of those peers.
Closest niche peers: CMC Metals Ltd., Blueprint Mining I LLC, US Critical Metals Corp., Infinitum Copper Corp., Advanced Gold Exploration Inc..
Peoplefiled
9 named people on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.