Company Quick10K Filing
Magellan Gold
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 4 $8
10-Q 2019-11-14 Quarter: 2019-09-30
10-Q 2019-08-15 Quarter: 2019-06-30
10-Q 2019-05-20 Quarter: 2019-03-31
10-K 2019-04-12 Annual: 2018-12-31
S-1 2018-12-20 Public Filing
10-Q 2018-11-19 Quarter: 2018-09-30
10-Q 2018-08-20 Quarter: 2018-06-30
10-Q 2018-06-28 Quarter: 2018-03-31
10-K 2018-05-17 Annual: 2017-12-31
10-Q 2017-11-20 Quarter: 2017-09-30
10-Q 2017-08-18 Quarter: 2017-06-30
10-Q 2017-05-19 Quarter: 2017-03-31
10-K 2017-04-06 Annual: 2016-12-31
10-Q 2016-11-14 Quarter: 2016-09-30
10-Q 2016-08-15 Quarter: 2016-06-30
10-Q 2016-05-12 Quarter: 2016-03-31
10-K 2016-03-18 Annual: 2015-12-31
10-Q 2015-11-13 Quarter: 2015-09-30
10-Q 2015-08-14 Quarter: 2015-06-30
10-Q 2015-05-14 Quarter: 2015-03-31
10-K 2015-03-23 Annual: 2014-12-31
10-Q 2014-11-14 Quarter: 2014-09-30
10-Q 2014-08-13 Quarter: 2014-06-30
10-Q 2014-05-12 Quarter: 2014-03-31
10-K 2014-03-07 Annual: 2013-12-31
10-Q 2013-11-05 Quarter: 2013-09-30
10-Q 2013-08-07 Quarter: 2013-06-30
10-Q 2013-05-10 Quarter: 2013-03-31
10-K 2013-04-05 Annual: 2012-12-31
10-Q 2012-11-14 Quarter: 2012-09-30
10-Q 2012-08-08 Quarter: 2012-06-30
10-Q 2012-05-14 Quarter: 2012-03-31
10-K 2012-03-30 Annual: 2011-12-31
10-Q 2011-11-14 Quarter: 2011-09-30
8-K 2020-01-13 Enter Agreement, Regulation FD, Exhibits
8-K 2019-12-30
8-K 2019-10-16
8-K 2019-09-30 Sale of Shares, Regulation FD, Exhibits
8-K 2019-09-23 Officers
8-K 2019-07-16 Sale of Shares, Officers, Regulation FD, Exhibits
8-K 2019-06-21 Sale of Shares, Officers, Regulation FD, Exhibits
8-K 2019-06-01 Officers
8-K 2019-05-28 Shareholder Rights
8-K 2019-02-22 Regulation FD, Exhibits
8-K 2019-01-04 Regulation FD, Other Events, Exhibits
8-K 2018-12-17 Regulation FD, Exhibits
8-K 2018-10-25 Regulation FD, Exhibits
8-K 2018-10-19 Sale of Shares, Other Events
8-K 2018-10-02 Off-BS Arrangement, Sale of Shares, Regulation FD, Exhibits
8-K 2018-09-25 Enter Agreement, Exhibits
8-K 2018-09-17 Enter Agreement
8-K 2018-09-06 Regulation FD, Exhibits
8-K 2018-08-30 Enter Agreement, Exhibits
8-K 2018-08-20 Enter Agreement, Off-BS Arrangement, Sale of Shares, Regulation FD, Exhibits
8-K 2018-07-24 Off-BS Arrangement, Sale of Shares, Regulation FD
8-K 2018-07-20 Enter Agreement, Regulation FD, Exhibits
8-K 2018-06-08 Enter Agreement, Exhibits
8-K 2018-05-18 Sale of Shares, Officers, Exhibits
8-K 2018-05-08 Sale of Shares
8-K 2018-03-05 Regulation FD, Exhibits
8-K 2018-01-05 Leave Agreement, Regulation FD, Exhibits

Magellan Gold Financials

MAGE Metrics, Comps, Filings

Annual | Quarterly

Business

Magellan Gold Corporation (“Magellan”, “the Company”, “our” or “we”) was formed and organized effective September 28, 2010, under the laws of the State of Nevada. We are an exploration stage company and our principal business is the acquisition and exploration of mineral resources in Arizona, Nevada and Mexico. We have not presently determined whether the properties to which we have mining rights contain mineral deposits that are economically recoverable.

We were formed and organized by Athena Silver Corporation (“Athena”), a Delaware corporation, and by John C. Power and John D. Gibbs, two of the control persons and principal shareholders of Athena. Effective September 2010, we issued an aggregate of 660,000 shares of common stock to our founders in consideration of $0.125 per share: 600,000 shares were issued to Messrs. Power and Gibbs and 60,000 shares were issued to Athena. During 2011, the majority of the shares issued to Athena were distributed, in the nature of a spin-off dividend of such shares, to the shareholders of Athena, as of a Record Date of December 31, 2010, pro rata.

In August 2012, we entered into an Option Agreement with Columbus Silver (US) Corporation (“Columbus”) to purchase “The Silver District Claims” consisting of 85 unpatented lode mining claims, 4 patented lode claims, an Arizona State Exploration Permit of 154.66 acres and 23 unpatented mill site claims, totaling over 2,000 acres in La Paz County, Arizona. The underlying claims are subject to third party lease and or purchase obligations and net smelter royalties of varying percentages. In June and July 2013, Magellan staked 9 additional unpatented lode mining claims in the Silver District adjacent to the land package under option from Columbus; the Company currently retains 2 of these original 9 claims. Effective September 29, 2014, we entered into a Purchase Agreement with Columbus Silver (US) Corporation, a wholly-owned subsidiary of Columbus Exploration Corporation (TSXV:CLX) to purchase the patented and unpatented mining claims that had been covered by the Option Agreement. The Purchase Agreement superseded the Option Agreement and conveyed the Silver District Claims to the Company. In consideration of the Silver District Claims, we made a one-time payment to Columbus in the amount of $100,000. Following our purchase of the Silver District Claims, we formed a new wholly-owned subsidiary “Gulf + Western Industries, Inc.” (“Gulf + Western”) and transferred our interest in the Silver District Claims to Gulf + Western.


Valuation ($MM)

Market Cap, Enterprise Value

Balance Sheet ($MM)

Assets, Stockholders' Equity

Income Statement ($MM Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($MM Annual)

Operating, Investing, Financing

Comps ($'000 TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Global Tech Industries Group (GTII) 8,789 -8.2 -471% 232 6,263 0 0 -1,095 -1,068 8,787
REGI (RGUS) 5,528 0% -2.6 -467% 457 2,939 45 0 -2,135 -2,100 5,557
Her Imports (HHER) 8,584 45% -2.3 -57% 6,998 1,048 9,213 4,135 -3,975 -3,711 8,476
Mikros Systems (MKRS) 7,118 61% -32.0 -4% 3,336 1,082 4,891 3,003 -132 -164 5,234
Spotlight Innovation (STLT) 8,583 2% -4.7 -50% 7,186 8,344 32 1 -3,613 -2,846 13,490
Eternity Healthcare (ETAH) 8,553 -22.9 -14% 2,720 2,865 0 0 -388 -388 8,906
Conversion Labs (CVLB) 9,520 76% 57.4 -10% 2,546 3,114 8,524 6,511 -266 165 9,462
Evans & Sutherland (ESCC) 8,038 35% -3.1 -5% 26,408 19,184 20,873 7,242 -1,242 -994 3,125
Acorn Energy (ACFN) 10,906 65% -18.5 -12% 4,482 5,066 4,090 2,644 -557 -501 9,257
Jade Global Holdings (JADG) 8,280 -49.0 -1,042% 16 441 0 0 -169 -169 8,271
Magellan Gold (MAGE) 8,278 -713% -2.0 -312% 1,473 2,477 32 -232 -4,600 -4,221 8,270
Advanced Voice Recognition Systems (AVOI) 8,261 -175.3 -120% 41 238 0 0 -50 -47 8,252
PetVivo Holdings (PETV) 8,652 -3.8 -453% 648 1,447 0 -82 -2,937 -2,243 8,632
Life On Earth (LFER) 4,120 29% -0.8 -943% 827 4,357 -313 -90 -7,797 -6,554 5,170
Accelerize (ACLZ) 7,974 59% 0.6 264% 4,998 790 5,458 3,213 13,190 13,245 7,482
Wright Investors (WISH) 7,898 -4.1 -18% 7,976 105 0 0 -1,464 -1,438 5,899
Giga Tronics (GIGA) 8,058 42% 735.4 -4% 8,753 6,345 11,951 5,069 -379 10 7,354
Janel (JANL) 9,201 30% 8.8 1% 55,266 39,850 63,607 18,943 689 1,329 11,652
Citadel Exploration (COIL) 7,833 0% -3.8 -40% 5,933 7,408 279 0 -2,363 -1,983 7,627
Torotel (TTLO) 8,394 39% 4.4 18% 12,289 6,879 25,942 10,206 2,253 2,439 10,746

Balance Sheet ($'000)2011-12-312012-12-312013-12-312014-12-312016-12-312017-12-312018-09-302018-12-31
Cash04200025
Accounts Receivable
Inventory
PP&E1,1561,1371,054
Assets1021221753324391,9541,9591,524
Accounts Payable7486662051270485541
Long-Term Debt5233272
Liabilities1652395069581,4393,2023,6584,025
Stockholders' Equity-63-117-331-626-1,000-1,248-1,700-2,501
Income Statement ($'000)2011-12-312012-12-312013-12-312014-12-312016-12-312017-12-312018-09-302018-12-31
Revenue124
Cost of Revenue438
Gross Profit-314
R&D
SG&A1142738492354964887
Tax0000
Net Income-136-441-213-296-560-2,138-2,314
Cash Flow ($'000)2011-12-312012-12-312013-12-312014-12-312016-12-312017-12-312018-09-302018-12-31
Cash Operating-98-166-241-200-278-466-642
Cash Investing-28-123-40-180-72-1,058-66
Cash Financing852942793783491,525742