Magnetite Mines (MGT) Stock Price, News & Analysis

Company Overview

Magnetite 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.

Key Stats

• Today's Range: N/A
• 50-Day Range: N/A
• 52-Week Range: N/A
• Volume: 7,000 shs
• Average Volume: N/A
• Market Capitalization: $10.94 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

MGT Stock Analysis - Frequently Asked Questions

How were Magnetite Mines' earnings last quarter?

Magnetite Mines Limited (ASX:MGT) issued its quarterly earnings data on Friday, February, 15th. The company reported $0.00 earnings per share 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 Earnings: 2/15/2019
• Today: 5/14/2025

Industry, Sector and Symbol

• Stock Exchange: ASX
• Sector: Basic Materials
• Industry: Other Industrial Metals & Mining
• Sub-Industry: N/A
• Current Symbol: ASX:MGT
• CIK: N/A
• Web: www.magnetitemines.com
• Phone: +61-8-84270516
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): A($0.05)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-4,850,000.00
• Net Margins: -2,260.14%
• Pretax Margin: N/A
• Return on Equity: -12.80%
• Return on Assets: -7.95%

Debt

• Debt-to-Equity Ratio: 0.32
• Current Ratio: 1.02
• Quick Ratio: 4.63

Sales & Book Value

• Annual Sales: $195,444.00
• Price / Sales: 0.00
• Cash Flow: N/A
• Price / Cash Flow: 5.00
• Book Value: A$0.36 per share
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 115,350,000
• Free Float: N/A
• Market Cap: $10.94 million
• Optionable: Not Optionable
• Beta: 2.88