Market research
MGT.AU Magnetite Mines Limited
AU AUD Basic Materials
Latest close
Loading market data…
Test a moving-average rule with historical data.
- Market cap
- 4M
- P/E ratio
- Not available
- Analyst target
- Not available
- Dividend yield
- Not available
- Beta
- 0.06
Profile
Company facts
- Exchange
- AU
- Currency
- AUD
- Sector
- Basic Materials
- Industry
- Other Industrial Metals & Mining
- ISIN
- AU000000MGT5
- Market cap
- 4M
- P/E ratio
- Not available
- Analyst target
- Not available
- Dividend yield
- Not available
- Beta
- 0.06
About
About Magnetite Mines Limited
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.
Visit company websiteCommunity
Investor discussion
1 comment
Sign in to join the MGT.AU discussion.
5 years, 5 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.