Welcome @SaadRana17, to the community!
No, a MEMS magnetometer cannot act as a gyroscope.
The LIS3MDL has already been discontinued and is no longer available. It was a magnetometer that measures magnetic field, while a gyroscope measures angular rate. To approximate gyro-like behaviour, you would need a known magnetic reference field, careful calibration, and usually sensor fusion with other sensors such as an accelerometer.
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Regards
/Peter
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