Companies · Mining & Resources
Sudbury · Mining & Resources · refined from filed group “Other”
Diligence memoA one-page analyst read on Magna Mining Inc. — recommendation, valuation, rhythm, risks.→Magna Mining Inc. looks fair against its niche peers and is quiet 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.
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.
Magna Mining Inc. is one of 701 Mining & Resources companies tracked from Sudbury. By capital raised it ranks in the upper tier (ahead of 79% of sector peers), and in the upper tier 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.
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.
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.
Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 33%.
Round size and date are reported; the stage label is inferred from round size (latest is Series A — a $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the extractive sector profile. Directional, not a quoted figure.
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.
Raised more than 79% of sector peers (real $). Modeled value above 81% of peers (estimate).
A tighter cohort than the sector chart above — only companies at the same stage (Series A) 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 #21 of 40.
| Company | Stage | Raised · real | Value · est | vs peer med. |
|---|---|---|---|---|
| Fortitude Gold Corp | Series A | $12.5M | $29.6M | 2.41× |
| San Cristobal Mining Inc. | Series A | $17.2M | $28.8M | 2.34× |
| Torngat Metals Ltd | Series A | $21.9M | $27.1M | 2.20× |
| Rua Gold Inc. | Series A | $16.4M | $25.0M | 2.03× |
| Red Metals, Inc. | Series A | $9.6M | $23.7M | 1.93× |
| West Point Gold Corp. | Series A | $9.2M | $21.3M | 1.73× |
| McFarlane Lake Mining Ltd | Series A | $7.9M | $19.2M | 1.56× |
| Evolution Metals LLC | Series A | $7.2M | $19.0M | 1.54× |
| Silverco Mining Ltd. | Series A | $7.7M | $19.0M | 1.54× |
| Miedzi Copper Corp. | Series A | $10.7M | $19.0M | 1.54× |
| Rise Gold Corp. | Series A | $20.9M | $17.0M | 1.38× |
| TDG Gold Corp. | Series A | $6.6M | $16.4M | 1.33× |
| Magna Mining Inc. this company | Series A | $9.2M | $12.2M | 0.99× |
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.
| Stage | Amount · real | Announced | Post-money · est | Value · est | Conf. |
|---|---|---|---|---|---|
| Series A | $4.7M | 2024-11-04 | $21.2M | $13.1M | 90% |
| Series A | $4.5M | 2025-03-05 | $20.4M | $12.2M | 90% |
Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.
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.
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.
| Person | Role | Also runs | Tied since |
|---|---|---|---|
| David King | — | 15 other | 2024-11 |
| JOHN SEAMAN | — | 5 other | 2024-11 |
| JONATHAN GOODMAN | — | 3 other | 2024-11 |
| Carl DeLuca | — | — | 2024-11 |
| Jason Jessup | — | — | 2024-11 |
| Jeff Huffman | — | — | 2024-11 |
| Mynyr Hoxha | — | — | 2024-11 |
| Paul Fowler | — | — | 2024-11 |
| Scott Gilbert | — | — | 2024-11 |
| Shastri Ramnath | — | — | 2024-11 |
| Vern Baker | — | — | 2024-11 |
Magna Mining Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.
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.
| Company | Sector | Stage | Raised · real | Value · est | Why similar |
|---|---|---|---|---|---|
| West Point Gold Corp. | Mining & Resources | Series A | $9.2M | $21.3M | same sector · same stage |
| Chakana Copper Corp. | Mining & Resources | Series A | $8.9M | $1.8M | same sector · same stage |
| Key Metals Corp. | Mining & Resources | Series A | $8.8M | $8.3M | same sector · same stage |
| Elite Mining Inc. | Mining & Resources | Series A | $8.7M | $3.7M | same sector · same stage |
| Arizona Silver Exploration Inc. | Mining & Resources | Series A | $8.7M | $17.7M | same sector · same stage |
| Zodiac Gold Inc. | Mining & Resources | Series A | $9.7M | $10.9M | same sector · same stage |
| Allegiant Gold Ltd | Mining & Resources | Series A | $9.8M | $3.3M | same sector · same stage |
| Fury Gold Mines Ltd | Mining & Resources | Series A | $10.0M | $1.6M | same sector · same stage |
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.
| Company | Sector | Stage | Value · est | Match |
|---|---|---|---|---|
| Magna Gold Corp. | Mining & Resources | Pre-Seed | $5.0M | 94% |
| Magna Terra Minerals Inc. | Mining & Resources | Pre-Seed | $975K | 93% |
| Silver X Mining Corp. | Mining & Resources | Seed | $4.4M | 86% |
| E M Mining, Inc. | Mining & Resources | Pre-Seed | $4.0M | 86% |
| Treasury Metals Inc | Mining & Resources | Pre-Seed | $705K | 85% |
| I-Minerals Inc | Mining & Resources | Seed | $577K | 85% |
| Parallel Mining Corp. | Mining & Resources | Pre-Seed | $1.1M | 85% |
| Coeur Mining, Inc. | Mining & Resources | Series B | $100.5M | 85% |
See where Magna Mining Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.
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