MGT.AU · Magnetite Mines Limited

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Admin

3 years, 7 months ago

Magnetite Mines Limited is currently in a long term uptrend where the price is trading 63.3% above its 200 day moving average.

From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.0.

Magnetite Mines Limited's total revenue rose by 1676.2% to $7K since the same quarter in the previous year.

Its net income has dropped by 36047.3% to $-795K since the same quarter in the previous year.

Finally, its free cash flow fell by 46.0% to $-651K since the same quarter in the previous year.

Based on the above factors, Magnetite Mines Limited gets an overall score of 3/5.

Sector	Basic Materials
ISIN	AU000000MGT5
CurrencyCode	AUD
Exchange	AU
Industry	Other Industrial Metals & Mining

Market Cap	45M
Dividend Yield	0.0%
Target Price	None
PE Ratio	0.0
Beta	3.05

ABOUT

Magnetite Mines Limited

Magnetite Mines Limited explores for mineral properties in South Australia. Its flagship project is Razorback Iron project that includes the Razorback Ridge, Iron Peak, and Ironback Hill 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 headquartered in Wayville, Australia.

MGT.AU · Magnetite Mines Limited

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Magnetite Mines Limited

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