ASX:MGT - Magnetite Mines Stock Price, News & Analysis

Today's Range N/A
50-Day Range
MA: A$0.01
52-Week Range N/A
Volume7,000 shs
Average Volume94,414 shs
Market Capitalization$2.96 million
P/E RatioN/A
Dividend YieldN/A
Magnetite Mines Limited engages in the exploration and development of magnetite iron ore in South Australia. Its flagship projects include the Razorback Iron Project comprising the Razorback Ridge, Razorback West, Interzone, and Iron Peak prospects located in Adelaide, South Australia, as well as the Ironback Hill prospect situated in 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 is headquartered in Wayville, Australia.

Industry, Sector and Symbol

Industry Industrial Metals & Minerals
SectorBasic Materials



Sales & Book Value

Annual Sales$-568.00
Book ValueA$0.01 per share



Market Cap$2.96 million
Next Earnings DateN/A
OptionableNot Optionable

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Magnetite Mines (ASX:MGT) Frequently Asked Questions

What is Magnetite Mines' stock symbol?

Magnetite Mines trades on the ASX under the ticker symbol "MGT."

Has Magnetite Mines been receiving favorable news coverage?

News stories about MGT stock have trended positive on Monday, according to InfoTrie Sentiment. The research group rates the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Magnetite Mines earned a media sentiment score of 2.5 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 6.0 out of 10, meaning that recent news coverage is somewhat likely to have an effect on the company's share price in the next few days. View News Stories for Magnetite Mines.

Who are some of Magnetite Mines' key competitors?

Who are Magnetite Mines' key executives?

Magnetite Mines' management team includes the folowing people:
  • Mr. Peter James Schubert, Exec. Chairman
  • Mr. Frank DeMarte BBus(Acct), FCIS, FGIA, FCSA, FAICD, Company Sec., CFO & Exec. Director (Age 57)

How big of a company is Magnetite Mines?

Magnetite Mines has a market capitalization of $0.00 and generates $-568.00 in revenue each year. View Additional Information About Magnetite Mines.

What is Magnetite Mines' official website?

The official website for Magnetite Mines is

How can I contact Magnetite Mines?

Magnetite Mines' mailing address is 118B Glen Osmond Rd, PERTH, SA 5063, Australia. The company can be reached via phone at +61-8-84270516.

MarketBeat Community Rating for Magnetite Mines (ASX MGT)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  25 (Vote Outperform)
Underperform Votes:  25 (Vote Underperform)
Total Votes:  50
MarketBeat's community ratings are surveys of what our community members think about Magnetite Mines and other stocks. Vote "Outperform" if you believe MGT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MGT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/26/2019 by Staff

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