What is MAGE's dilution risk score?

MAGE has a latest available DilutionScore record of 54/100, categorized as high dilution risk by the DilutionWatch scoring model. DilutionWatch displays SEC filing and dilution indicators for MAGE, including shelf registrations, ATM offerings, warrant exercises, PIPE deals, and reverse split signals when detected in source data.

What SEC filings does DilutionWatch track for MAGE?

DilutionWatch tracks 25 SEC filing types for MAGE including S-3 shelf registrations, 424B prospectuses (ATM offerings), S-1 registration statements, 8-K material events, warrant exercise notices, convertible note agreements, and Form 4 insider transactions. Alerts are delivered via email within minutes of a filing appearing on EDGAR.

How does stock dilution affect MAGE shareholders?

Stock dilution occurs when a company issues new shares, reducing the ownership percentage of existing shareholders. For MAGE, common dilution events include at-the-market (ATM) stock offerings, shelf registration drawdowns, warrant exercises, and convertible note conversions. Each event increases the share count and can pressure the stock price lower.

Is DilutionWatch free for MAGE tracking?

DilutionWatch provides a free tier that shows DilutionScores and basic filing history for MAGE. Premium plans ($19.95/month Basic, $39.95/month Premium) unlock real-time email alerts, the full Pulse™ feed, advanced dilution forecasts, and access to all 10,000+ tracked tickers.

MAGE Dilution Risk Score: 54/100 (HIGH)

Score Breakdown

📋 Offering Ability

💰 Cash Runway

📊 Float Risk

⚠️ Warrant Exposure

🔄 Convertible Debt

Dilution Forecast

⛈️

Warning

High probability of dilution event

model est. 45%

🔄 Reverse Split model est. 70%

• 50-day avg $0.19 below $1 exchange minimum

• Only 6 months cash — financial pressure

💰 Capital Raise model 35%

• Low cash runway: 6 months remaining

🔔 Track MAGE — Get forecast alerts →

Market Data

Market Cap$2.34M

Shares Outstanding25.96M

Float11.28M

Cash$98.7K

Debt$1.02M

Short InterestN/A

Source-Backed Evidence Depth

This public preview uses stored DilutionWatch fields and linked SEC/market records only. Missing values are not estimated.

Field	Current Value	Basis
DilutionScore	54/100	DilutionWatch score record
Shares Outstanding	25.96M	Verified float table or market cache
Public Float	11.28M	Verified float table or market cache
Market Cap	$2.34M	Market data cache
Cash Runway	5.5 months	DilutionWatch score inputs
Shelf Capacity	None in current score inputs	SEC-derived dilution fields
ATM Capacity	None in current score inputs	SEC-derived dilution fields
Outstanding Warrants	None in current score inputs	SEC-derived dilution fields

Recent source-backed SEC insight records available on this page: 1.

Recent SEC source mix: XBRL 1.

The page does not infer future share issuance, financing probability, cash needs, management intent, or price impact when source fields are absent.

Institutional Holdings

Institutional data not yet available.

Short Interest

Short Interest1

Days to Cover1.0

% of FloatN/A

FINRA data as of Sep 30, 2026

Recent SEC Activity

xbrl XBRL CONVERTIBLE 2023-07-18

Full SEC filing analysis available with free account →

Recent News

No recent news available for this ticker.

Factual MAGE Dilution Snapshot

Magellan Copper and Gold Corp. (MAGE) has a DilutionScore of 54/100, rated High dilution risk. Score date: October 13, 2026.

Recent SEC activity tracked for MAGE: xbrl on 2023-07-18.

This automatically generated snapshot is assembled from stored DilutionWatch data fields and may contain data-source errors or omissions. It is not financial advice, not investment research, and not a recommendation. Do your own research and review the full disclaimer and terms of service.

DilutionScore History — Last 90 Days

MAGE's DilutionScore has held steady at 54/100 (High risk) for 89 consecutive days across the tracked period.

Period	Score	Risk Level	Duration
Jul 16 – Oct 13, 2026	54/100	HIGH	89 days

Score recalculated daily from SEC filings and market data. Sign up free for real-time score change alerts.

Share Dilution History

MAGE shares outstanding have decreased 0.0% from 27.38M (May 2026) to 27.38M (May 2026). Each increase represents potential dilution to existing shareholders.

Date	Shares Outstanding	Public Float	Change
May 25, 2026	27.38M	11.28M	▼ 6.30%
May 17, 2026	27.38M	12.04M	▼ 5.17%

Share counts sourced from verified regulatory filings. Increases indicate dilution events.

Track MAGE Dilution Risk in Real-Time

DilutionWatch monitors SEC filings 24/7 and alerts you the moment MAGE files a shelf registration, ATM offering, warrant notice, or convertible note. Free tier available — no credit card required.

Start Tracking MAGE — Free

Email alert within minutes of any SEC filing Daily DilutionScore™ recalculation Score history & trend tracking Tracks 8,000+ tickers simultaneously