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 two offers if you want an ad-free experience.

Canadian Insider Club
$299/ 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
10-day money back guarantee*
JOIN THE CLUB
Canadian Insider Ad-Free
$49/ year*
All benefits of basic registration
No 3rd party display ads
10-day money back guarantee*
GO AD-FREE

* Price is subject to applicable taxes. Money back guarantee: For bona fide Ad-Free or Canadian Insider Club subscribers, if you downgrade to Basic or cancel with-in 10 days of first subscribing, we will refund your payment upon request. Immediately after downgrading or cancelling, using the same email that is associated with your account, request a refund via our Contact Us form at the bottom of the page. We will only consider one refund request per household or organization. We cannot accommodate refund requests where an account holder has not provided verifiable address and billing information.

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

INK Edge Outlook

Log in or join to add this stock to your watch list.

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

Apr 12, 2019 11:00 ET
Magellan Aerospace Contracts with Atlas Elektronik Canada Ltd. for SeaSpider® Anti Torpedo Torpedo
TORONTO, April 12, 2019 /CNW/ - Magellan Aerospace Corporation ("Magellan") announced today an agreement with Atlas Elektronik Canada Ltd. ("Atlas") for the design and development phase of the SeaSpider® Anti Torpedo Torpedo ("ATT") program. The initial CDN $19 million phase of the program was launched in January 2019 and is expected to conclude in 2023.  Magellan will lead the design and development of the SeaSpider® ATT rocket motor and warhead sections of the torpedo that includes design, build, test, and product qualification.
Read full article
Mar 15, 2019 11:15 ET
Magellan Aerospace Announces Contracts to Produce Aircraft Illumination Flares
TORONTO, March 15, 2019 /CNW/ - Magellan Aerospace Corporation ("Magellan") announced today, agreements valued at CDN $48 million, with the Canadian government to perform the licensed manufacture of LUU-2 illumination flares for the Royal Canadian Air Force (RCAF).  Magellan-produced LUU-2 illumination flares will be delivered from the Winnipeg facility's propellant plant in Manitoba, Canada. The term of the contracts is five years.
Read full article
See more news stories

Valuation Ratios

Industry
Sector
Beta
0.43
--
--
Price to Sales - TTM
1.11
14.29
3.95
Price to Book - most recent quarter
1.36
1.62
2.48
Price to Cash Flow per share - TTM
8.04
8.50
10.08
Price to Free Cash Flow per share - TTM
34.51
22.20
26.89
See all valuations

Short Report

DateNumber of Shares ShortedNet Change
Mar 31, 201932,10011,914
Mar 15, 201920,1862,091
Feb 28, 201918,095-4,800
See Short Report

Business Summary

Sector:  Industrials Industry:  Aerospace & Defense

Magellan Aerospace Corporation is a Canada-based supplier of components to the aerospace industry and in certain applications for power generation projects. The Company engineers and manufactures aeroengine and aerostructure components for aerospace markets, including products for defense and space markets, and complementary specialty products. Its segments include Aerospace and Power Generation Project. The Aerospace segment includes the design, development, manufacture, repair and overhaul, and sale of systems and components for defense and commercial aviation. The Power Generation Project segment includes the supply of gas turbine power generation units. Within the Aerospace segment, the Company's product groupings include aerostructures and aeroengines. It manufactures complex cast, fabricated and machined gas turbine engine components, both static and rotating, and integrated nacelle components, flow paths and engine exhaust systems for various aeroengine manufacturers.

See business summary

Comment On!

140
Upload limit is up to 1mb only
To post messages to your Socail Media account, you must first give authorization from the websites. Select the platform you wish to connect your account to CanadianInsider.com (via Easy Blurb).
INK Staff's picture
The INK Canadian Insider Index ends Friday essentially flat at 1,168.53-0.25 (-0.02%) #INKCIN $HII.CA
Aug 11, 2017 09:23 pm
INK Staff's picture
The INK Canadian Insider Index ends at 1,168.78-2.95 (-0.25%) as $MAL.CA continues to lose altitude -6.1% #INKCIN $HII.CA
Aug 10, 2017 03:26 pm
INK Staff's picture
The INK Canadian Insider Index ends at 1,171.73-4.13 (-0.35%) as $MAL.CA hits turbulence -3.3% #INKCIN $HII.CA
Aug 09, 2017 03:37 pm
INK Staff's picture
The INK Canadian Insider Index ends at 1,180.22-1.91 (-0.16%) grounded by $MAL.CA -2.8% #INKCIN $HII.CA
Jun 09, 2017 08:20 pm
INK Staff's picture
The INK Cdn Insider Index ends at 1,176.86 -8.10 (-0.68%) pulled down to earth by $MAL.CA -3.4% #INKCIN $HII.CA https://www.canadianinsider.com/company?ticker=MAL
Jan 18, 2017 04:36 pm

Twitter

Search (past week) for $MAL.CA

  • No tweets found

StockTwits

Comment On!

140
Upload limit is up to 1mb only
To post messages to your Socail Media account, you must first give authorization from the websites. Select the platform you wish to connect your account to CanadianInsider.com (via Easy Blurb).
INK Staff's picture
The INK Canadian Insider Index ends Friday essentially flat at 1,168.53-0.25 (-0.02%) #INKCIN $HII.CA
Aug 11, 2017 09:23 pm
INK Staff's picture
The INK Canadian Insider Index ends at 1,168.78-2.95 (-0.25%) as $MAL.CA continues to lose altitude -6.1% #INKCIN $HII.CA
Aug 10, 2017 03:26 pm
INK Staff's picture
The INK Canadian Insider Index ends at 1,171.73-4.13 (-0.35%) as $MAL.CA hits turbulence -3.3% #INKCIN $HII.CA
Aug 09, 2017 03:37 pm
INK Staff's picture
The INK Canadian Insider Index ends at 1,180.22-1.91 (-0.16%) grounded by $MAL.CA -2.8% #INKCIN $HII.CA
Jun 09, 2017 08:20 pm
INK Staff's picture
The INK Cdn Insider Index ends at 1,176.86 -8.10 (-0.68%) pulled down to earth by $MAL.CA -3.4% #INKCIN $HII.CA https://www.canadianinsider.com/company?ticker=MAL
Jan 18, 2017 04:36 pm

Twitter

Search (past week) for $MAL.CA

  • No tweets found

StockTwits