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Magnetite Mines Limited Stock Price

ASX:MGT Community·AU$4.5m Market Cap
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MGT Share Price Performance

AU$0.02
-0.07 (-77.27%)
AU$0.02
-0.07 (-77.27%)
Price AU$0.02

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Snowflake Analysis

Excellent balance sheet with moderate risk.

5 Risks
0 Rewards

Magnetite Mines Limited Key Details

AU$301.0

Revenue

AU$0

Cost of Revenue

AU$301.0

Gross Profit

AU$3.9m

Other Expenses

-AU$3.9m

Earnings

Last Reported Earnings
Dec 31, 2025
Next Reporting Earnings
n/a
-0.017
100.00%
-1,287,382.39%
6.0%
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About MGT

Founded
2004
Employees
n/a
CEO
Scott Lowe
WebsiteView website
magnetitemines.com

Magnetite Mines Limited engages in the exploration of mineral properties in South Australia. The company’s 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.

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