Magnetite Mines Ltd (MGT)

Currency in AUD
0.086
+0.001(+1.18%)
Closed·
MGT Scorecard
Full Analysis
Trading at a low Price / Book multiple
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Fair Value
Day's Range
0.0860.088
52 wk Range
0.0710.300
Key Statistics
Bid/Ask
0.086 / 0.09
Prev. Close
0.085
Open
0.088
Day's Range
0.086-0.088
52 wk Range
0.071-0.3
Volume
31.78K
Average Volume (3m)
114.57K
1-Year Change
-69.66%
Fair Value
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Fair Value Upside
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Company’s Health
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Fair Value
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Fair Price
Upside
Analysts Sentiment
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Members' Sentiments
Bearish
Bullish
ProTips
Quickly burning through cash

Magnetite Mines Ltd News & Analysis

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Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Neutral
Technical Indicators
Sell
Moving Averages
Neutral

Magnetite Mines Ltd Company Profile

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 based in Adelaide, Australia.

Compare MGT to Peers and Sector

Metrics to compare
MGT
Peers
Sector
Relationship
P/E Ratio
−2.4x−0.8x2.6x
PEG Ratio
−0.060.000.00
Price/Book
0.3x1.1x1.6x
Price / LTM Sales
39.9x7.0x1.3x
Upside (Analyst Target)
-14.7%17.5%
Fair Value Upside
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Earnings

Latest Release
Mar 12, 2025
EPS / Forecast
-0.02 / --
Revenue / Forecast
170.83K / --
EPS Revisions
Last 90 days

MGT Income Statement

FAQ

What Stock Exchange Does Magnetite Mines Trade On?

Magnetite Mines is listed and trades on the Sydney Stock Exchange stock exchange.

What Is the Stock Symbol for Magnetite Mines?

The stock symbol for Magnetite Mines is "MGT."

What Is the Magnetite Mines Market Cap?

As of today, Magnetite Mines market cap is 10.56M.

What Is Magnetite Mines's Earnings Per Share (TTM)?

The Magnetite Mines EPS (TTM) is -0.04.

From a Technical Analysis Perspective, Is MGT a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Neutral.

How Many Times Has Magnetite Mines Stock Split?

Magnetite Mines has split 7 times.

How Many Employees Does Magnetite Mines Have?

Magnetite Mines has 0 employees.

What is the current trading status of Magnetite Mines (MGT)?

As of 25 Jul 2025, Magnetite Mines (MGT) is trading at a price of 0.09, with a previous close of 0.09. The stock has fluctuated within a day range of 0.09 to 0.09, while its 52-week range spans from 0.07 to 0.30.
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