Magna Terra Minerals (MTT:TSXV)
Magna Terra is exploring two highly prospective projects in eastern Canada, the Humber Copper-Cobalt project in Newfoundland and the Rocky Brook VMS project in New Brunswick.
The Company is supported by a successful project generation business model, which has provided over $5.8M since 2019, with a substantial $7.1M expected by 2029.
At a market cap of just ~$11M and significant cash inflows over the next four years, MTT is largely undervalued in our view.
Investment Summary
Company Description
Magna Terra Minerals Inc. is a precious and critical metals-focused exploration company, headquartered in Toronto, Canada. Magna Terra is focused on acquiring and advancing its high-potential mineral projects in Atlantic Canada and Argentina while generating value for shareholders and minimizing shareholder dilution through option and joint venture partnerships where appropriate, leveraging our ability to explore, grow, and transact projects.
Research
