Mesabi Trust (MSB)
|Net Income (ttm)||50.45M|
|Ex-Dividend Date||Jul 29, 2021|
|Day's Range||29.10 - 30.95|
|52-Week Range||18.89 - 39.51|
|Price Target||33.00 (+10.8%)|
|Est. Earnings Date||Dec 9, 2021|
Mesabi Trust, a royalty trust, engages in iron ore mining business in the United States. The company was incorporated in 1961 and is based in New York, New York. [Read more...]
In 2020, Mesabi Trust's revenue was $25.95 million, a decrease of -18.88% compared to the previous year's $31.99 million. Earnings were $23.41 million, a decrease of -22.12%.Financial Statements
NEW YORK--(BUSINESS WIRE)--The Trustees of Mesabi Trust (NYSE:MSB) declared a distribution of nine cents ($0.09) per Unit of Beneficial Interest payable on August 20, 2021 to Mesabi Trust Unitholders of...
Murray Stahl (Trades, Portfolio), co-founder of Horizon Kinetics, disclosed this week that his firm's top five buys during the first quarter were in West Fraser Timber Co. Ltd. ( WFG , Financial), Brigh...
NEW YORK--(BUSINESS WIRE)--On April 30, 2021, the Trustees of Mesabi Trust (NYSE: MSB) received the quarterly royalty report of iron ore shipments from Silver Bay, Minnesota during the quarter ended Mar...
Mesabi Trust is likely to enjoy a strong 2021 on iron ore pricing offering a favorable setup for yield centric-investors. On a macro view, should investors look beyond fixed income for yield, MSB is a l...
Horizon Kinetics leader Murray Stahl (Trades, Portfolio) disclosed earlier this week he expanded the firm's stake in Mesabi Trust (NYSE:MSB) by 18.04%.
NEW YORK--(BUSINESS WIRE)--The Trustees of Mesabi Trust (NYSE:MSB) declared a distribution of thirty-six cents ($0.36) per Unit of Beneficial Interest payable on November 20, 2020 to Mesabi Trust Unitho...
Stay Away From Mesabi Trust Due To Poor Short-Term Dividend Outlook
Mesabi Trust: It Will Come Back
Mesabi Trust: A 12% Dividend With A Positive Outlook On Iron Ore