Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Magellan Aerospace Corporation (T:MAL)

Business Focus: Aerospace & Defense (NEC)

INK Edge Outlook

Mostly sunny as of March 01, 2024
For the latest outlook, get the company report

Insider Chart - Past 6 Months

Insider Filings

Latest 10 SEDI filings for MAL within the last 6 months
Loading...
See all filings within the past 6 months

Company News

Mar 11, 2024 18:00 ET
Magellan Aerospace Corporation Announces Financial Results
Magellan Aerospace Corporation (“Magellan” or the “Corporation”) released its financial results for the fourth quarter of 2023. All amounts are expressed in Canadian dollars unless otherwise indicated. The results are summarized as follows:
Read full article
Mar 01, 2024 17:03 ET
Magellan Aerospace Announces Quarterly Dividend
Magellan Aerospace Corporation ("Magellan Aerospace") (TSX: MAL) announced today that its Board of Directors declared a quarterly cash dividend of $0.025 (two and one-half cents) per share on the Corporation’s common shares. The Board of Directors of the Corporation continues to review its dividends on a quarterly basis for more visibility of recovery, and ensure that the dividend declared balances the return of capital to shareholders while maintaining adequate financial flexibility and investment in growth initiatives. The dividend is payable on March 28, 2024, to stockholders of record at t
Read full article
See more news stories

Valuation Ratios

Industry
Sector
Beta
1.11
--
--
Price to Sales - TTM
0.52
1.94
3.21
Price to Book - most recent quarter
0.62
2.85
2.67
Price to Cash Flow per share - TTM
8.18
8.51
12.39
Price to Free Cash Flow per share - TTM
--
44.36
30.07
See all valuations

Short Report

DateNumber of Shares ShortedNet Change
Mar 15, 2024172,617-4,842
Feb 29, 2024177,4596,037
Feb 15, 2024171,422-1,626
See Short Report

Business Summary

Sector:  Industrials Industry:  Aerospace & Defense

Magellan Aerospace Corporation is a Canada-based global enterprise company, which is engaged in providing integrated products to the aerospace industry worldwide. The Company designs, engineers and manufactures aeroengine and aerostructure components for aerospace markets, including advanced products for defense and space markets, and complementary specialty products. The Company operates through Aerospace segment, which includes the design, development, manufacture, repair and overhaul, and sale of systems and components for defense and civil aviation. The Company's products include Engine Cold Section, Engine Hot Section, Engine Shafts, Specialty Materials, Black Brant, RATO Booster Motors, CRV7 Rocket Weapon System, Small Satellite Bus Platforms, Avionics, Manufactured Components and Assemblies and Wire Strike Protection System (WSPS). The Company also supports the aftermarket through the supply of spare parts as well as through repair and overhaul services.

See business summary

 

Twitter

Search (past week) for $MAL.CA

  • No tweets found