Magnetite Mines Limited

Magnetite Mines Limitedverified

MGT.AX

Price:

$0.056

Market Cap:

$7.32M

Magnetite Mines Limited explores for mineral properties in South Australia. Its flagship project is Razorback Iron project that includes the Razorback Ridge, Iron Peak, and Ironback Hill deposits located in Adelaide, South Australia. The company was formerly known as Royal Resources Limited and changed its name to Magnetite Mines Limited in December 2015. Magnetite Mines Limited was incorporated in 2004 and is headquartered in Wayville, Australia.

Industry

Industrial Materials

IPO Date

2006-04-05

Stock Exchange

ASX

Ticker

MGT.AX

The Enterprise Value as of December 2025 (TTM) for Magnetite Mines Limited (MGT.AX) is 9.03M

According to Magnetite Mines Limited’s latest financial reports and current stock price. The company's current Enterprise Value is 9.03M. This represents a change of -50.47% compared to the average of 18.22M of the last 4 quarters.

Magnetite Mines Limited (MGT.AX) Historical Enterprise Value (quarterly & annually)

How has MGT.AX Enterprise Value performed in the past?

The mean historical Enterprise Value of Magnetite Mines Limited over the last ten years is 4.03M. The current 9.03M Enterprise Value has changed 22.31% with respect to the historical average. Over the past ten years (40 quarters), MGT.AX's Enterprise Value was at its highest in in the December 2022 quarter at 39.44M. The Enterprise Value was at its lowest in in the June 2022 quarter at -16001333.96.

Quarterly (TTM)
Annual

Average

4.03M

Median

1.55M

Minimum

-16041111.32

Maximum

26.42M

Magnetite Mines Limited (MGT.AX) Enterprise Value by Quarter and Year

Discovering the peaks and valleys of Magnetite Mines Limited Enterprise Value, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 166.64%

Maximum Annual Enterprise Value = 26.42M

Minimum Annual Increase = -937.89%

Minimum Annual Enterprise Value = -16041111.32

Quarterly (TTM)
Annual
YearEnterprise ValueChange
202511.10M-56.26%
202425.39M-3.92%
202326.42M-264.71%
2022-16041111.3217.53%
2021-13648108.66-937.89%
20201.63M-35.41%
20192.52M166.64%
2018945.85K94.88%
2017485.35K-66.88%
20161.47M-189.61%

Magnetite Mines Limited (MGT.AX) Average Enterprise Value

How has MGT.AX Enterprise Value performed in the past?

The current Enterprise Value of Magnetite Mines Limited (MGT.AX) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

20.97M

5-year avg

6.64M

10-year avg

4.03M

Magnetite Mines Limited (MGT.AX) Enterprise Value vs. Peers

How is MGT.AX’s Enterprise Value compared to its peers?

Magnetite Mines Limited’s Enterprise Value is greater than Olympio Metals Limited (4.27M), greater than Juno Minerals Limited (1.76M), greater than Heavy Rare Earths Limited (6.39M), greater than Patriot Resources Limited (8.07M), greater than Western Yilgarn NL (4.89M), greater than Carbine Resources Limited (5.65M), greater than Yari Minerals Limited (6.13M), greater than Cosmo Metals Limited (4.76M), greater than GreenTech Metals Limited (8.49M), less than Greenwing Resources Ltd (10.35M),

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Frequently asked questions❓

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