Picture of Magnetite Mines logo

MGT Magnetite Mines Share Price

0.000.00%
au flag iconLast trade - 00:00
Basic MaterialsSpeculativeMicro CapNeutral

Momentum

Relative Strength (%)
1m-4.17%
3m-13.28%
6m-29.14%
1yr-61.07%
Volume Change (%)
10d/3m-52.57%
Price vs... (%)
52w High-58.65%
50d MA-4.78%
200d MA-23.98%

Growth & Value

Shareholder Activity

TypeBuy / Hold / Sell
Institutions
Directors
Community

Guru Screens

Quality

NameIndustryMarket
Return on Capital-13.06%
Return on Equity-13.77%
Operating Margin-1106.11%

Health Trend(F-Score)

12345678910

Bankruptcy Score(Z-Score)

Distress
Cautious
Safe

Earnings Manipulation Risk(M-Score)

Other Ratios

Leverage (ttm)Total- Intang+ Pension
Gross Gearing
Net Gearing
Cash / Assets

Recent History

Latest interim period vs. prior periodIndustryMarket
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EPS Growth
3yr Compound Annual Growth RateIndustryMarket
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DPS CAGR

Graphical History

Revenue
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Net Income
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Normalised EPS
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PE Ratio Range
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Dividend Yield Range
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Analyst Forecasts

Price target
( price)
30th Jun 202430th Jun 2025
Est. Long Term Growth Rate: Net Profit
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EPS
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DPS
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Consensus Estimate
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Analyst Consensus

Strong SellSellHoldBuyStrong Buy

EPS 2024 / 2025

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Profile Summary

Magnetite Mines Limited is an Australia-based iron ore company. The Company is focused on the development of magnetite iron ore resources in the highly prospective Braemar iron region of South Australia. Its projects include Razorback Iron Ore Project and Muster Dam Iron Ore Project. The Razorback Iron Ore Project is a magnetite iron ore deposit capable of producing a high-grade iron ore concentrate product for use in steel production. The Project is situated approximately 45 kilometers (km) from open-user rail, 120 km from the power grid and 200 km to existing deep water ports. The project consists of two magnetite iron ore deposits, the Razorback and the Ironback Hill deposits. The Muster Dam Iron Ore Project is hosted by the same Braemar Iron Formation as the Razorback Iron Ore Project. The project is located approximately 110 km to the northeast of Razorback. The Company has a total mineral resource of six billion tons of iron ore located approximately 240 km from Adelaide.

Directors

Last Annual
June 30th, 2023
Last Interim
December 31st, 2023
Incorporated
February 23rd, 2004
Public Since
April 6th, 2006
No. of Shareholders
6,253
Sector
Metals & Mining
Industry
Basic Materials
Exchange
au flag iconAustralian Stock Exchange - SEATS
Shares in Issue
98,434,525

MGT Share Price Performance

Upcoming Events for MGT

Magnetite Mines Ltd at Vertical Events Future Facing Commodities Conference

Full Year 2024 Magnetite Mines Ltd Earnings Release

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FAQ