Magnetite Mines is an other industrial metals & mining business based in Australia. Magnetite Mines shares (MGT) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Magnetite Mines has a trailing 12-month revenue of around $236,311. If you're looking to buy shares, check out the steps below.
To buy shares listed in Australia such as Magnetite Mines , you'll need to sign up to a broker with access to the ASX. Our table can help you compare share trading platforms and choose. Then follow these steps.
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| 52-week range | $0.24 - $0.6025 |
|---|---|
| 50-day moving average | $0.2686 |
| 200-day moving average | $0.3225 |
| Target price | N/A |
| PE ratio | N/A |
| Dividend yield | N/A (0%) |
| Earnings per share (TTM) | $-0.07 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Historical closes compared with the last close of A$0.275
| 1 week (2024-04-15) | 1.85% |
|---|---|
| 1 month (2024-03-22) | 7.84% |
| 3 months (2024-01-23) | -1.79% |
| 6 months (2023-10-23) | -32.10% |
| 1 year (2023-04-21) | -48.11% |
|---|---|
| 2 years (2022-04-22) | -82.26% |
| 3 years (2021-04-23) | -91.27% |
| 5 years (2019-04-23) | 10.00% |
| Revenue TTM | $236,311 |
|---|---|
| Gross profit TTM | $212,587 |
| Return on assets TTM | -8.23% |
| Return on equity TTM | -13.77% |
| Profit margin | 0% |
| Book value | 0.395 |
| Market capitalisation | $28.1 million |
TTM: trailing 12 months
We're not expecting Magnetite Mines to pay a dividend over the next 12 months.
Magnetite Mines 's shares were split on a 1:50 basis on 6 December 2022. So if you had owned 50 shares the day before the split, the next day you would own 1 share. This wouldn't directly have changed the overall worth of your Magnetite Mines shares – just the quantity. However, indirectly, the new 4900% higher share price could have impacted the market appetite for Magnetite Mines shares which in turn could have impacted Magnetite Mines 's share price.
Over the last 12 months, Magnetite Mines 's shares have ranged in value from as little as $0.24 up to $0.6025. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Magnetite Mines 's is 2.759. This would suggest that Magnetite Mines 's shares are significantly more volatile than the average for this exchange and represent a higher risk.
Magnetite Mines Limited engages in the exploration of mineral properties in South Australia. Its 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 headquartered in Adelaide, Australia.
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