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MGT

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Magnetite Mines Limited

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About MGT

Magnetite Mines Limited (MGT) is an iron ore company focused on the development of magnetite iron ore resources in the prospective Braemar iron region of South Australia.

Find out what a historical investment in Magnetite Mines Limited would be worth today using our MGT stock calculator.

Sector

Materials

CEO

-

Industry

Metals & Mining

Website

magnetitemines.com

Market Capitalisation

$12M

Price-earnings ratio

-2.04

Dividend yield

-

High today

$0.11

Low today

$0.10

Open price

$0.11

52-week high

$0.41

52-week low

$0.09

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MGT FAQs

Buying MGT shares in Australia can be done through an online investing platform, such as Stake. Follow the simple steps below to start investing in Magnetite Mines Limited in minutes.
  1. Sign up with some I.D. and zero paperwork
  2. Add funds to your account
  3. Make your first investment in MGT
The ticker symbol for Magnetite Mines Limited is MGT.
One share of MGT is valued at $0.10 as of 17 May 2025.
As of 17 May 2025 Magnetite Mines Limited has a market cap of $12M.
The Price to Earnings ratio of MGT is -2.04.
The Earnings Per Share of MGT is -$0.05.
The Magnetite Mines Limited 52-week high stock price is $0.41.
The Magnetite Mines Limited 52-week low stock price is $0.09.
Yes, the Stake investing platform allows you to buy MGT shares and over 12,000 more stocks and ETFs across the ASX and Wall St.

This is not financial product advice nor a recommendation to invest in the securities listed. Past performance is not a reliable indicator of future performance. As always, do your own research and consider seeking financial, legal and taxation advice before investing. No representation is made as to the timeliness, reliability, accuracy or completeness of the market data provided.

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