OTC : MALJF

Magellan Aerospace Corporation

$24.41 USD

-$0.05 (-0.2%)

Volume
599
Average Volume
3.93K
Market Capitalization
$1.39B
P/E Ratio
43.41
Dividend Yield
0.58%
Price Target
Year High
$26.23
Year Low
$10.85
Day High
—
Day Low
—
Payout Ratio
$0.25
Current Ratio
$2.51
Company Overview

OTC

Phillip Campion Underwood

Aerospace & Defense

Industrials

MALJF

3973

CA

USD

https://www.magellan.aero

+1 905 677 1889

558912200

N/A

Liquidity Metrics

0.11

2.51

1.50

0.18

0.25

Sales & Valuation

$1.04B

1.84

2.35

-7204.93

0.00

Profitability

$0.69

$39.41M

4.22%

5.66%

5.48%

3.66%

P/E Metrics

43.41

3.38

3.38

Analyst Price Target & Rating

Neutral

3/5

1 Analysts

%

Financial Health Scores

4.88

7/9

$433.06M

$1.24B

$392.04M

$77.95M

Key Metrics (TTM)

$1.88B

1.76

14.98

2.51

5.48%

6.36%

2.46%

-0.01%

$16.16

154 days

Company Executives
Name Title
Norman Murray Edwards Executive Chairman
Ian Roberts Vice President of Information Technology & Transformation
Haydn R. Martin Vice President of Business Development, Marketing & Contracts
Michael Gribe Vice President of Human Resources
Elena Milantoni Chief Financial Officer & Corporate Secretary
Phillip Campion Underwood President, Chief Executive Officer & Director
Poll Results

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About Magellan Aerospace Corporation (OTC:MALJF) Stock

Magellan Aerospace Corporation, through its various subsidiaries, specializes in the comprehensive design, engineering, manufacturing, and global sale of crucial aero engine and structural components. The company serves aerospace markets across Canada, the United States, Europe, and Asia. Its extensive product portfolio for aero engines includes critical items such as engine frames, casings, bypass ducts, engine shafts, along with specialized compressor, turbine, and afterburner components. Magellan also supplies unique engine materials, metallic honeycomb structures, and products created through filament winding. Beyond propulsion systems, the company provides a wide array of airframe structural elements. These range from small and large wing components, landing gear, horizontal and verti ... cal stabilizers, and nacelle exhaust systems, to crown modules, vane boxes, transition ducts, wing spars, ribs, skins, and access covers. Additionally, it offers complete kitting solutions. Magellan Aerospace is also a key supplier of specialized rocketry, featuring products like Black Brant sounding rockets and Rocket Assisted Take-Off (RATO) booster motors. Its defense sector contributions include rocket weapon systems engineered for both fixed-wing and rotary-wing platforms. Further offerings include avionics, precision-machined metal seals, rocket engine mounts, diverse cast products, and support services for the emerging new space sector and satellites. The corporation leverages advanced manufacturing technologies, including 3D sand printing, metal pouring, solidification modeling, automated pouring and finishing processes, digital radiography, and 3D scanning capabilities. Furthermore, Magellan delivers comprehensive aftermarket services, encompassing maintenance, repair, and overhaul (MRO) for a broad spectrum of engines and components. It also provides full lifecycle management services, covering logistics, fleet administration, and engineering support, alongside specialized wire strike protection system services. Magellan Aerospace Corporation was established in 1996 and is headquartered in Mississauga, Canada.

Magellan Aerospace: Here's Why Commercial And Defense Growth Still Justify A Strong Buy

2026-07-09 07:54:27

Magellan Aerospace remains a Strong Buy, with 24% upside to a $31.39 price target justified by robust commercial and defense tailwinds. MAL benefits from rising aircraft production rates, elevated defense spending, proprietary manufacturing, and exposure to key programs like the Boeing 737 MAX and F-35. Recent Q1 results showed 9.3% revenue growth, 20.4% gross profit growth, and margin expansion to 13%, driven by favorable mix, pricing, and operating leverage.

Magellan Aerospace Announces Renewal of Normal Course Issuer Bid

2026-06-11 07:00:00

MISSISSAUGA, Ontario--(BUSINESS WIRE)--Magellan Aerospace Corporation (“Magellan or Corporation") (TSX: MAL) announced today that the Toronto Stock Exchange has accepted notice filed by Magellan to make a normal course issuer bid (“NCIB”) through facilities of the Toronto Stock Exchange (the “TSX”) and other alternative Canadian trading systems. The notice provides that Magellan may, during the 12 month period commencing June 15, 2026 and ending June 14, 2027, purchase for cancellation up to 2,.

Magellan Aerospace Corporation Announces Financial Results

2026-05-11 06:30:00

TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation (“Magellan” or the “Corporation”) released its financial results for the first quarter of 2026. All amounts are expressed in Canadian dollars unless otherwise indicated. The results are summarized as follows:       Three month period ended March 31 Expressed in thousands of Canadian dollars, except per share amounts       2026 2025 Change Revenues         285,102 260,898 9.3% Gross Profit         40,613 33,732 20.4% Net Income         16,.

Magellan Aerospace Announces Quarterly Dividend

2026-05-08 17:00:00

TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation ("Magellan Aerospace") (TSX: MAL) announced today that its Board of Directors declared a quarterly cash dividend of $0.05 (five 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 flexibili.

Magellan Aerospace Announces Report on Voting Results for Directors

2026-05-08 16:30:00

MISSISSAUGA, Ontario--(BUSINESS WIRE)--Magellan Aerospace Corporation (the "Corporation") announces that today at the annual meeting of shareholders of the Corporation (the “Meeting”) the proposed nominees for directors of the Corporation received the following votes: Name of Proposed Nominee Votes For Percentage of Votes For Votes Withheld Percentage of Votes Withheld N. Murray Edwards 48,084,585 98.17% 896,304 1.83% Phillip C. Underwood 48,550,861 99.12% 430,028 0.88% Beth M. Budd Bandler 47,.

Magellan Aerospace Corporation (MAL:CA) Shareholder/Analyst Call Prepared Remarks Transcript

2026-05-08 16:01:15

Magellan Aerospace Corporation (MAL:CA) Shareholder/Analyst Call Prepared Remarks Transcript

Magellan Aerospace: Strong Buy As Margins Expand And Valuation Gap Persists

2026-04-25 04:45:00

Magellan Aerospace remains a strong buy, with the stock up 168% since initial coverage and still undervalued versus peers. MAL:CA delivered 11% revenue growth and expanded adjusted EBITDA margin to 11.2%, driven by higher casting and engine part revenues. EBITDA is projected to grow 16.5% annually, with free cash flow potentially increasing 45% annually and a net cash position expected by 2027.

Frequently Asked Questions

What is the current Magellan Aerospace Corporation (MALJF) stock price?

Magellan Aerospace Corporation(OTC:MALJF) stock price is $24.41 in the last trading session. During the trading session, MALJF stock reached the peak price of $26.23 while $10.85 was the lowest point it dropped to. The percentage change in MALJF stock occurred in the recent session was --0.2% while the dollar amount for the price change in MALJF stock was -$0.05.

MALJF's industry and sector of operation?

The OTC listed MALJF is part of Aerospace & Defense industry that operates in the broader Industrials sector.

Who are the executives of MALJF?

Norman Murray Edwards | Executive Chairman
Ian Roberts | Vice President of Information Technology & Transformation
Haydn R. Martin | Vice President of Business Development, Marketing & Contracts
Michael Gribe | Vice President of Human Resources
Elena Milantoni | Chief Financial Officer & Corporate Secretary

How many employees does MALJF have?

Number of MALJF employees currently stands at 3973. MALJF operates from 3160 Derry Road East, Mississauga, ON L4T 1A9, CA.

Link for MALJF official website?

Official Website of MALJF is: https://www.magellan.aero

How do I contact MALJF?

MALJF could be contacted at phone #+1 905 677 1889 and can also be accessed through its website. MALJF operates from 3160 Derry Road East, Mississauga, ON L4T 1A9, CA.

How many shares of MALJF are traded daily?

The average number of MALJF shares traded daily for last 3 months was 3.93K.

What is the market cap of MALJF currently?

The market value of MALJF currently stands at $1.39B with its latest stock price at $24.41