Magnetite Mines Share Price and Company Fundamentals



Price
$0.052
Change
0.000 (0.000%)
52 week range
0.05 - 0.29

Last traded: Today at 4:48 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

0.17

Dividend yield

-

Beta

0.07

Market cap

$10.19M

Enterprise value

$11.37M

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 Feb 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

1116.48%

Return on assets

-6.45%

Return on equity

-11.34%

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 10.19M and its enterprise value is 11.37M. The enterprise value to revenue ratio of MGT is 9299.35. The enterprise value to EBITDA ratio of MGT is -2.80.

The MGT's stocks Beta value is 0.07 making it 93% less volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Companies similar to Magnetite Mines (MGT)

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 $0.052.

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.