MGT Share Price Performance
AU$0.065
-0.11 (-62.86%)
Price AU$0.065
Share PriceAU$0.065
Does Magnetite Mines (ASX:MGT) Have A Healthy Balance Sheet?
Oct 01
Magnetite Mines Limited Stock Price
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Magnetite Mines Limited Key Details
Last Reported Earnings
Jun 30, 2025
Next Reporting Earnings
n/a
- Earnings per share (EPS)
- -0.023
- Gross Margin
- 100.00%
- Net Profit Margin
- -342,407.85%
- Debt/Equity Ratio
- 7.7%
Magnetite Mines Limited Competitors
Snowflake Analysis
About MGT
- Founded
- 2004
- Employees
- n/a
- CEO
- WebsiteView website
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.
Market Insight
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Australian Market Performance
- 7 Days: 2.3%
- 3 Months: 5.3%
- 1 Year: 10.1%
- Year to Date: 9.7%
The market has climbed 2.3% in the last 7 days, lead by the Financials sector with a gain of 2.9%. As for the past 12 months, the market is up 10%. Looking forward, earnings are forecast to grow by 11% annually. Market details ›