MGT logo

Magnetite Mines Limited Stock Price

ASX:MGT Community·AU$11.0m Market Cap
  • 0 Narratives written by author
  • 0 Comments on narratives written by author
  • 1 Fair Values set on narratives written by author

MGT Share Price Performance

AU$0.059
-0.11 (-65.29%)
AU$0.059
-0.11 (-65.29%)
Price AU$0.059

MGT Community Narratives

There are no narratives available yet.

Snowflake Analysis

Excellent balance sheet with moderate risk.

5 Risks
0 Rewards

Magnetite Mines Limited Key Details

AU$1.2k

Revenue

AU$0

Cost of Revenue

AU$1.2k

Gross Profit

AU$4.2m

Other Expenses

-AU$4.2m

Earnings

Last Reported Earnings
Jun 30, 2025
Next Reporting Earnings
n/a
-0.022
100.00%
-342,407.85%
7.7%
View Full Analysis

About MGT

Founded
2004
Employees
n/a
CEO
Timothy Dobson
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.

Recent MGT News & Updates

Does Magnetite Mines (ASX:MGT) Have A Healthy Balance Sheet?

Oct 01
Does Magnetite Mines (ASX:MGT) Have A Healthy Balance Sheet?

Recent updates

No updates