ASX:MGT Magnetite Mines (MGT) Stock Price, News & Analysis Add Compare Share Share Stock Analysis Stock AnalysisBuy This Stock About Magnetite Mines Stock (ASX:MGT) 30 days 90 days 365 days Advanced Chart Get Magnetite Mines alerts:Sign Up Key Stats Today's Range N/A50-Day Range N/A52-Week Range N/AVolume7,000 shsAverage VolumeN/AMarket Capitalization$10.94 millionP/E RatioN/ADividend YieldN/APrice TargetN/AConsensus RatingN/A Company OverviewMagnetite Mines Limited engages in the exploration of mineral properties in South Australia. Its flagship project is the Razorback Iron Ore project that includes the Razorback and Iron Peak deposits located in Adelaide, South Australia. The company was formerly known as Royal Resources Limited and changed its name to Magnetite Mines Limited in December 2015. Magnetite Mines Limited was incorporated in 2004 and is headquartered in Adelaide, Australia.Read More… Receive MGT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Magnetite Mines and its competitors with MarketBeat's FREE daily newsletter. Email Address MGT Stock News HeadlinesMagnetite Mines Advances Razorback Project with Strategic Partnerships and Innovative ProcessingApril 28, 2025 | tipranks.comMagnetite Mines Issues Shares to Directors as Part of Remuneration StrategyApril 3, 2025 | tipranks.comThis Is The Moment You Betray Trump (Or Prove Them Wrong)They said you wouldn’t last—that Bidenflation, Wall Street selloffs, and DEI funds would break your loyalty to Trump’s economic plan. But now there’s a way to protect your retirement without backing down. This free 2025 Wealth Protection Guide reveals how you can use a legal IRS loophole—nicknamed “Piggy Bank”—to shield your savings.May 13, 2025 | Colonial Metals (Ad)Magnetite Mines Files Patent for Saline Water Flotation MethodApril 1, 2025 | tipranks.comMagnetite Mines Advances Razorback Project with Mining Lease ProposalMarch 26, 2025 | tipranks.comMagnetite Mines Limited Announces Cessation of Performance RightsMarch 14, 2025 | tipranks.comMagnetite Mines Secures Shareholder Approval for Key ResolutionsMarch 4, 2025 | tipranks.comMayur Resources, Pacific Unison finalise financing deal for Orokolo Bay magnetite projectFebruary 11, 2025 | msn.comSee More Headlines MGT Stock Analysis - Frequently Asked Questions How were Magnetite Mines' earnings last quarter? Magnetite Mines Limited (ASX:MGT) announced its quarterly earnings data on Friday, February, 15th. The company reported $0.00 earnings per share (EPS) for the quarter. Magnetite Mines had a negative net margin of 2,260.14% and a negative trailing twelve-month return on equity of 12.80%. What other stocks do shareholders of Magnetite Mines own? Based on aggregate information from My MarketBeat watchlists, some other companies that Magnetite Mines investors own include WAM Leaders (WLE), Green Organic Dutchman (TGOD), Syrah Resources (SYR), McMillan Shakespeare (MMS), MGT Capital Investments (MGTI), Magnite (MGNI) and Imugene (IMU). Company Calendar Last Earnings2/15/2019Today5/13/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeASX SectorBasic Materials Industry Other Industrial Metals & Mining Sub-IndustryN/A Current SymbolASX:MGT CIKN/A Webwww.magnetitemines.com Phone+61-8-84270516FaxN/AEmployeesN/AYear FoundedN/AProfitability EPS (Most Recent Fiscal Year)A($0.05) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-4,850,000.00 Net Margins-2,260.14% Pretax MarginN/A Return on Equity-12.80% Return on Assets-7.95% Debt Debt-to-Equity Ratio0.32 Current Ratio1.02 Quick Ratio4.63 Sales & Book Value Annual Sales$195,444.00 Price / Sales0.00 Cash FlowN/A Price / Cash Flow5.00 Book ValueA$0.36 per share Price / BookN/AMiscellaneous Outstanding Shares115,350,000Free FloatN/AMarket Cap$10.94 million OptionableNot Optionable Beta2.88 A Beginner's Guide to Investing in CannabisUnlock your free copy of MarketBeat's comprehensive guide to pot stock investing and discover which cannabis companies are poised for growth. Plus, you'll get exclusive access to our daily newsletter with expert stock recommendations from Wall Street's top analysts.Get This Free Report This page (ASX:MGT) was last updated on 5/13/2025 by MarketBeat.com Staff From Our PartnersMarket Panic: Trump Just Dropped a Bomb on Your Stockstock Market Panic: Trump Just Dropped a Bomb on Your Stocks The market is in freefall—and Trump's new tarif...American Alternative | SponsoredTrump wipes out trillions overnight…Is there anybody more powerful than Donald Trump right now? In a single tariff announcement, he wiped out n...Porter & Company | SponsoredGold Hits New Highs as Global Markets SpiralWhen Trump took office in 2017, gold was just $1,100 an ounce. 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