Magellan Gold Corp., based in Wallace, Idaho, focuses on the acquisition and exploration of mineral resources, primarily operating the Center Star Mine project near Elk City, Idaho. The company, which went public in 2012, manages around 620 acres encompassing 31 unpatented lode claims.
MAGE has been in the news recently: Magellan Aerospace Corporation reported a 10.6% increase in revenue to $242.9 million and a net income rise of 276.3% to $7.4 million for Q2 2024. In contrast, ONEOK announced its Q2 2024 earnings, affirming full-year guidance with record results discussed during their earnings call on August 6, 2024.
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