Magnetite Mines Limited (ASX: MGT)

Market Cap	13.27M
Revenue (ttm)	214.49K
Net Income (ttm)	-4.85M
Shares Out	115.35M
EPS (ttm)	-0.05
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	137,617
Open	0.120
Previous Close	0.115
Day's Range	0.110 - 0.120
52-Week Range	0.110 - 0.410
Beta	2.88
Analysts	n/a
Price Target	n/a
Earnings Date	Dec 6, 2024

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.