Elven cloaks require those targeting them with missile weapons to be within 12". Does this also apply to ranged magic? Or as it's not mentioned in the Elven Cloak rule, does magic ignore the cloak?

Enchanted Cloaks only prevent an enemy from shooting at you when more than 12" away, as per the book.

Magic is not affected. Neither is charging, moving, or anything else.

As lorelorn said, it specifies shooting and magic isn't shooting, so affects them in the same way as it affects anybody else.

Thought so, Just wanted to ask in case it comes up in the next game.