Magnetite Mines Limited (ASX:MGT)

Market Cap	8.08M
Revenue (ttm)	261.29K
Net Income (ttm)	-4.28M
Shares Out	126.31M
EPS (ttm)	-0.04
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	179,125
Average Volume	709,530
Open	0.0630
Previous Close	0.0620
Day's Range	0.0630 - 0.0640
52-Week Range	0.0600 - 0.2900
Beta	0.32
RSI	38.87
Earnings Date	Sep 26, 2025

About Magnetite Mines

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.

• Industry: Other Industrial Metals & Mining
• Sector: Materials
• Founded: 2004
• Country: Australia
• Stock Exchange: Australian Securities Exchange
• Ticker Symbol: MGT

Financial Performance

In 2024, Magnetite Mines's revenue was 214,494, an increase of 0.90% compared to the previous year's 212,587. Losses were -4.85 million, -9.07% less than in 2023.