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Magna Mining Q3 2026 net loss widens 7% year over year to CAD 13.82 million
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Magna Mining Q3 2026 net loss widens 7% year over year to CAD 13.82 million
  • Magna Mining’s Q3 2026 net loss widened 7% year over year to CAD 13.82 million.
  • Net revenue from mining operations jumped 96% year over year to CAD 27.44 million.
  • Quarter-end cash and cash equivalents more than doubled year over year to CAD 168.44 million.
  • 2026 payable copper-equivalent production guidance falls to 14,500,000–15,500,000 pounds due to McCreedy West operational challenges.
  • The board approved Levack’s restart and Crean Hill’s construction, with construction expected to begin in 2027.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Magna Mining Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202611111700PRIMZONEFULLFEED9875851) on November 11, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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