Magnetite Mines Ltd (MGT)

Sydney
0.025
-0.001(-1.92%)
  • Volume:
    3,572,912
  • Bid/Ask:
    0.025/0.026
  • Day's Range:
    0.026 - 0.027

MGT Overview

Prev. Close
0.026
Day's Range
0.026-0.027
Revenue
30K
Open
0.026
52 wk Range
0.019-0.044
EPS
-0.001
Volume
3,572,912
Market Cap
94.79M
Dividend (Yield)
N/A
(N/A)
Average Volume (3m)
8,989,147
P/E Ratio
-24.12
Beta
4.21
1-Year Change
-22.59%
Shares Outstanding
3,791,763,906
Next Earnings Date
-
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Magnetite Mines Ltd Company Profile

Magnetite Mines Ltd Company Profile

Sector
Materials
Employees
0
Market
Australia

Magnetite Mines Limited is an Australia-based iron ore company. The Company is focused on the development of magnetite iron ore resources in the highly prospective Braemar iron region of South Australia. Its projects include Razorback Iron Ore Project and Muster Dam Iron Ore Project. Its 100% owned Razorback Iron Ore Project is a magnetite iron ore deposit capable of producing a high-grade iron ore concentrate product for use in steel production. Its Razorback Iron Ore Project consists of two magnetite iron ore deposits, the Razorback and the Ironback Hill deposits hosted in the Braemar Iron Formation. It is located approximately 240 km northeast of Adelaide, South Australia, near the regional town of Yunta. Its Muster Dam Iron Ore Project is hosted by the same Braemar Iron Formation as the Razorback Iron Ore Project and is located approximately 110km to the northeast of Razorback. The Company has a total mineral resource of approximately 5.7 billion tons of iron ore.

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  • Very nice day.
    0