Why does stock go up?

Stock prices fluctuate based on supply and demand. When more people want to buy a stock than sell it, the price rises. Conversely, if more people want to sell than buy, the price drops.

What does it show when a stock's price increases?

A rising stock price can reflect lower interest rates, which boost spending and investment. It can also indicate positive investor sentiment due to events like elections, new products, or easing geopolitical tensions.

What is the difference between the chart periods?

Chart periods like 1d, 1wk, 1m, 3m, 6m, 1y, ytd, and max represent different historical timeframes. They help analyze short-term movements and long-term trends.

How often is the chart data updated?

The 1-day view updates in real-time during market hours. Other periods update at the end of each trading day.

Magna Mining Inc.

MGMNF•PNK

Basic MaterialsIndustrial Materials

$1.20

$-0.00(-0.29%)

MGMNF is Down -0.29% today

You might want to check out Why is MGMNF Down Today?

Why Is Magna Mining Inc. (MGMNF) Stock Up Today?

Live update on MGMNF's stock movement with key data on price change, volume, technical indicators, sector trends, and analyst sentiment.

Volume (Unusual)

309.00

↓ 100.00%

Open / Previous Close

$1.21 / $1.21

Day Range (Low / High)

$1.18 - $1.21

Summary

Magna Mining Inc. (MGMNF) is trading down -0.29% at $1.20, reflecting a negative shift in investor sentiment today. The stock opened at $1.21 and has moved between $1.18 and $1.21 so far.

Trading volume is 309, which is 100% below its average, and the price action suggests selling interest.

Technically, MGMNF is trading above its 50-day moving average of $1.06 and above its 200-day moving average of $1.01, indicating short-term and long-term strength.

Forecast models project potential returns of -5.24% in 1 month ($1.14), +52.94% in 1 year ($1.84), and +120.95% in 5 years ($2.66).

In context, the broader Basic Materials sector is down -1.13% today, which may be contributing to the move.

View the full chart, check forecasting details, or see the AI grade breakdown to explore what's driving this stock's movement.
Stay informed and make better investment decisions.

MGMNF Technical Signals

Trading over 50-day moving average ($1.06)

Trading over 200-day moving average ($1.01)

Analyst Recommendations data is not available for MGMNFAnalyst Recommendations details for MGMNF are currently unavailable. We're actively monitoring for updates and will publish them as soon as they’re released. Please check back again shortly.

Sector Context

The Basic Materials sector is down -1.13% today, with the Industrial Materials industry contributing to the decline. This broader context may be weighing on the stock's performance.

Price Forecast

1 Month

$1.14

1 Year

$1.84

3 Years

$2.71

5 Years

$2.66

Bad0.00

Is this change significant?

5-Day:-11.46%

1-Month:-10.61%

3-Month:-17.00%

What's next?

Next earnings date: 7/30/2025