Magnetite Mines Ltd.

Magnetite Mines Ltd.

0.01
AUD
+0.00
(-7.14%)
-0.05EPS
26.09MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
-0.26
0.05
-2.63
-0.15
-0.32
-0.21
-0.06
-0.01
-0.03
-0.05
-0.07
-0.05
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
3.21
3.28
0.63
0.52
0.48
0.36
0.29
0.15
0.39
0.5
0.45
0.36
- -
Tangible Book Value per Share
3.2
3.27
0.63
0.52
0.48
0.36
0.29
0.15
0.39
0.5
0.45
0.36
- -
Basic Weighted Avg Shares
10
11
11
12
14
17
22
27
59
67
79
92
116
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
-3
1
-28
-2
-4
-4
-1
- -
-2
-4
-5
-5
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
4
3
2
1
2
1
-3
- -
16
16
2
- -
- -
LT Debt
- -
- -
- -
3
3
3
- -
4
4
4
- -
- -
- -
Total Equity
34
35
7
7
8
8
7
8
27
39
35
37
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
-7.69
1.62
-135.71
-26.37
-59.47
-44.98
-18.72
-5.04
-9.89
-11.06
-14.28
-13.44
- -

Capital Structure

AUD

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

AUD

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

AUD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
- -
Free Cash Flow
- -
- -
- -
Net Income, GAAP
- -
- -
- -
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

AUD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -

Semi-annual Earnings Per Share

AUD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-0.07
2024
- -
- -
-0.05
2025
- -
- -
- -

Semi-annual Dividends Per Share

AUD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -

Company Description

CEO
Scott Lowe
Full Time Employees
- -
Sector
Non-energy minerals
Industry
Other metals/Minerals
Address
30 Currie Street Adelaide SA Australia 5000
IPO Date
Apr 6, 2006
Business
Magnetite Mines Limited (ASX:MGT) explores and develops magnetite iron ore resources in the Braemar Iron Region of South Australia. The company focuses on its flagship Razorback Iron Ore Project, a 100% owned asset with a 3.8 billion tonne mineral resource capable of producing premium direct reduction-grade concentrates at 68.5% Fe with low impurities including silica, alumina, and phosphorus; and the Muster Dam Iron Ore Project with a 1.2 billion tonne resource offering further exploration potential. Overall mineral resources total 6.6 billion tonnes across 100 owned tenements, targeting steelmakers transitioning to low-carbon production via electric arc furnace technologies. Founded in 2004 and headquartered in Adelaide, South Australia, the company operates exclusively in Australia with proximity to rail, renewable grid power, and Spencer Gulf ports. Recent developments include the October 2024 launch of the Green Iron SA consortium with Aurizon Holdings, Flinders Port Holdings, and GHD to advance South Australia's green iron industry; a fully subscribed rights issue and placement raising A$3.87 million in September 2025 to fund definitive feasibility studies, technical optimization, mining lease approvals, and exploration for gold and critical minerals; and progress toward Razorback production highlighted in March 2025.

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