Magnetite Mines Limited (ASX:MGT)

Australia flag Australia · Delayed Price · Currency is AUD
0.0310
+0.0030 (10.71%)
Apr 29, 2026, 3:29 PM AEST
-71.82%
Market Cap 6.99M
Revenue (ttm) 301.00
Net Income (ttm) -3.88M
Shares Out 225.53M
EPS (ttm) -0.03
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,484,408
Average Volume 777,515
Open 0.0290
Previous Close 0.0280
Day's Range 0.0270 - 0.0310
52-Week Range 0.0270 - 0.2900
Beta 0.13
RSI 42.65
Earnings Date Jun 11, 2026

About Magnetite Mines

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. [Read more]

Sector Materials
Founded 2004
Country Australia
Stock Exchange Australian Securities Exchange
Ticker Symbol MGT
Full Company Profile

Financial Performance

In fiscal year 2025, Magnetite Mines's revenue was 1,223, a decrease of -99.43% compared to the previous year's 214,494. Losses were -4.19 million, -13.62% less than in 2024.

Financial Statements

News

There is no news available yet.