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Last €0.05 EUR
Change Today 0.00 / 0.00%
Volume 0.0
3TE On Other Exchanges
As of 5:02 AM 07/30/15 All times are local (Market data is delayed by at least 15 minutes).

magindustries corp (3TE) Snapshot

Previous Close
Day High
Day Low
52 Week High
01/20/15 - €0.17
52 Week Low
07/27/15 - €0.05
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield
Current Stock Chart for MAGINDUSTRIES CORP (3TE)

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magindustries corp (3TE) Details

MagIndustries Corp., together with its subsidiaries, is engaged in forestry and mineral mining businesses in the Republic of Congo (ROC). It owns and operates 68,000 hectare eucalyptus fibre congo, a sustainable and renewable forestry business in Pointe-Noire, ROC, which supplies wood chips to customers in the pulp and paper, and fiberboard industry in the European and North African market. The company explores for and develops potash resource properties. Its principal asset comprises rights relating to the Mengo Potash Project and an approximately 1,500 square kilometre area located in Pointe-Noire, ROC. The company focuses on the construction and commissioning of a 1.2 million tones per year potash plant on the Mengo Permit Area to produce primarily agricultural-grade potash fertilizers for South America, South Africa, and Europe markets located in the Atlantic port city of Pointe-Noire, ROC. The company was formerly known as Magnesium Alloy Corporation and changed its name to MagIndustries Corp. in January 2005. MagIndustries Corp. is headquartered in Toronto, Canada.

315 Employees
Last Reported Date: 03/31/14

magindustries corp (3TE) Top Compensated Officers

Co-Chief Executive Officer and Director
Total Annual Compensation: C$350.0K
Vice President of Mining Development
Total Annual Compensation: C$236.9K
Technical Advisor of Engineering & Developmen...
Total Annual Compensation: C$278.4K
Compensation as of Fiscal Year 2013.

magindustries corp (3TE) Key Developments

MagIndustries' Securities To Be Delisted From TSX On August 19, 2015

MagIndustries Corp. announced that the Toronto Stock Exchange (the "TSX") has confirmed that the TSX Continued Listings Committee has determined to delist the Corporation's securities effective at the close of market on August 19, 2015. The delisting was imposed for failure by the Corporation to meet the continued listing requirements of the TSX.

MagIndustries In Talks With Qinghai Salt Lake Industry

MagIndustries Corp. (TSX:MAA) announced its in talks with Qinghai Salt Lake Industry Co., Ltd. (SZSE:000792) to sell a stake in itself.

MagIndustries Corp. Appoints John Gingerich and Chris Hopkins as Directors

MagIndustries Corp. announced that John Gingerich, P.Geo and Chris Hopkins, CA, CPA have been appointed as directors of the Company. Both Mr. Gingerich and Mr. Hopkins have strong professional credentials and deep experience with public companies which equip them well to advise and guide MagIndustries. They are both independent of majority shareholder, Evergreen Holding. Mr. Hopkins will chair the audit committee and Mr. Gingerich will serve as a member of that Committee. The Company expects to finalize the search for a third independent director with an appointment to be announced in coming days.


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Price/Sales 33.4x
Price/Book 1.3x
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