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ASX:MGTMagnetite Mines Stock Price, Forecast & News

Today's Range N/A
50-Day Range N/A
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.
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Beat the Market (BTM) Rank

Analyst Opinion: 0.0Community Rank: 2.5Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

0.50 out of 5 stars

Industry, Sector and Symbol

Industry Industrial Metals & Minerals



Sales & Book Value

Annual Sales$142.00
Book ValueA$0.01 per share



Outstanding Shares2,171,040,000
Market Cap$2.96 million
Next Earnings DateN/A
OptionableNot Optionable

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Magnetite Mines (ASX:MGT) Frequently Asked Questions

How were Magnetite Mines' earnings last quarter?

Magnetite Mines Ltd (ASX:MGT) released its quarterly earnings results on Friday, February, 15th. The company reported $0.00 earnings per share for the quarter. View Magnetite Mines' earnings history.

Has Magnetite Mines been receiving favorable news coverage?

News stories about MGT stock have been trending negative this week, InfoTrie reports. The research firm ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Magnetite Mines earned a coverage optimism score of -2.2 on InfoTrie's scale. They also gave headlines about the company a news buzz of 5.0 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the company's share price in the next few days. View the latest news about Magnetite Mines.

Who are some of Magnetite Mines' key competitors?

Who are Magnetite Mines' key executives?

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

What is Magnetite Mines' stock symbol?

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

How big of a company is Magnetite Mines?

Magnetite Mines has a market capitalization of $0.00 and generates $142.00 in revenue each year.

What is Magnetite Mines' official website?

The official website for Magnetite Mines is www.magnetitemines.com.

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.

This page was last updated on 7/5/2020 by MarketBeat.com Staff

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