Magnetite Mines Ltd.

As of June 30, 2024, Magnetite Mines Ltd. has 101.05M shares outstanding.

As of June 30, 2024, Magnetite Mines Ltd. maintains a current ratio of 1.02, meaning it holds 1.0x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 0.32, indicating conservative leverage, while an interest coverage ratio of -65.09 demonstrates limited ability to service its debt obligations.

Over the twelve months ended June 30, 2024, Magnetite Mines Ltd. posted a negative return on equity (ROE) of -13.44, meaning shareholder capital produced losses rather than profits. Return on assets (ROA) is negative at -12.54, reflecting losses generated across the asset base.

As of the close on October 14, 2026, Magnetite Mines Ltd.'s stock has declined approximately 66.84% over the past 52 weeks.

These figures cover the twelve months ended June 30, 2024. EBITDA reached -3.15M, while operating income came in at -3.42M.

As of June 30, 2024, Magnetite Mines Ltd. holds 809,338.09 in cash and equivalents against 78,290.52 in total debt, resulting in a net debt position of -809,338.09. Total book value stands at 24.58M, with working capital of 20,872.09 providing operational flexibility.

These figures cover the twelve months ended June 30, 2024.

Magnetite Mines Ltd.'s most recent stock split took place on March 5, 2026.