Magnetite Mines Share Price and Company Fundamentals
Last traded: Yesterday at 4:59 AM
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.
Key Metrics
PE ratio
-
PB ratio
0.20
Dividend yield
-
Beta
-0.08
Market cap
$7.84M
Enterprise value
$7.61M
Company profile
| Industry / Sector | Other Industrial Metals & Mining / Basic Materials |
|---|---|
| Website | https://magnetitemines.com |
| Mailing address | 30 Currie Street Suite 3, Level 3 Adelaide SA 5000 Australia |
| Phone / Fax | 61 8 8427 0516 / |
Dividends
More: Magnetite Mines Dividend history, yield and payout ratio
Dividend yield
-
Dividend amount
$-
Payout ratio
0.00%
5Y Avg. yield
-%
Magnetite Mines paid $- dividend and the ex-dividend date was -.The dividend payout ratio is 0.00%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.MGT dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
Company Executives
As of Mar 2026, following are the company executives and directors listed on Magnetite Mines.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. Timothy Leigh Dobson BAppSc, GAICD, MAusIMM | CEO, MD & Director | ||
| Allan Kane | Director of Sustainability | ||
| Ms. Inthu Siva | Company Secretary & Financial Controller | ||
| Gemma Brosnan | Director of External Affairs |
Profitability and management effectiveness
Profit margin
0.00%
Operating margin
-1207492.80%
Return on assets
-5.46%
Return on equity
-9.96%
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Magnetite Mines is 7.84M and its enterprise value is 7.61M. The enterprise value to revenue ratio of MGT is 25283.90. The enterprise value to EBITDA ratio of MGT is -2.12.
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Magnetite Mines (ASX:MGT) Frequently Asked Questions
1. What is Magnetite Mines's Stock Symbol?
Magnetite Mines trades on ASX under the ticker symbol "MGT".
2. What is Magnetite Mines's stock price today?
One share of MGT stock can currently be purchased for approximately $0.04.
3. How can I contact Magnetite Mines?
Magnetite Mines's mailing address is 30 Currie Street Suite 3, Level 3 Adelaide SA 5000 Australia. The company can be reached via phone at 61 8 8427 0516.
4. What is Magnetite Mines's official website?
The official website of Magnetite Mines is https://magnetitemines.com.