Latest News for MALJF

TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation (“Magellan” or the “Corporation”) released its financial results for the fourth quarter of 2025. All amounts are expressed in Canadian dollars unless otherwise indicated. The results are summarized as follows: Three month period ended December 31 Twelve month period ended December 31 Expressed in thousands of Canadian dollars, except per share amounts 2025…

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…

Magellan Aerospace Co. (OTCMKTS:MALJF - Get Free Report)'s stock price rose 6.8% during trading on Tuesday. The stock traded as high as $16.37 and last traded at $16.0480. Approximately 3,067 shares were traded during trading, an increase of 6% from the average daily volume of 2,882 shares. The stock had previously closed at $15.0322.

Magellan Aerospace remains a strong buy as I raise my price target to $17.45, reflecting improved EBITDA estimates for 2027. The recent share price retreat was driven by U.S.-Canada trade turmoil and prudent profit-taking, not by operational deterioration or fundamental weakness. MALJF's margins are expected to improve, with stable capital intensity and a net cash position anticipated going forward.
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