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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.

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Sector

Materials

CEO

-

Industry

Metals & Mining

Website

magnetitemines.com

Market Capitalisation

$16M

Price-earnings ratio

-2.50

Dividend yield

-

High today

$0.14

Low today

$0.14

Open price

$0.14

52-week high

$0.41

52-week low

$0.11

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MGT FAQs

  1. Find the right investing platform for you. To buy MGT shares in Australia, you’ll need to open an account with an investing platform that offers the security. Try Stake, you can sign up in minutes.
  2. Fund your brokerage account. Once you are set up you can deposit into your account with different payment methods.
  3. Search for MGT or Magnetite Mines Limited. Find the stock by using the search function and go to the MGT page.
  4. Place an order to buy MGT. Press the ‘Buy’ button and choose an order type to place your trade. Depending on the order type, the trade will go through straight away or when a price target is hit.
  5. Monitor your portfolio. You’ve now purchased some MGT shares. Stay on top of your portfolio and monitor its performance. You may be eligible for dividends and shareholder voting rights that affect your stock.
The ticker symbol for Magnetite Mines Limited is MGT.
One share of MGT is valued at $0.14 as of 12 December 2024.
As of 12 December 2024 Magnetite Mines Limited has a market cap of $16M.
The Price to Earnings ratio of MGT is -2.50.
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 $0.11.
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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