Magnetite Mines Ltd
MGT
Company Profile
Business description
Magnetite Mines Ltd is a mineral exploration company. It shows interest in the Razorback Iron Project located in the province of South Australia. The Group operates in one operating segment and one geographical area, which is Mineral Exploration in Australia. The company's other projects includes Muster Dam Iron Ore Project and Global Drivers For High-Grade Iron Ore project.
Contact
30 Currie Street
Suite 3, Level 3
AdelaideSA5000
AUST: +61 884270516
Sector
Basic Materials
Stock type
Cyclical
Industry
Other Industrial Metals & Mining
Fiscal Year End
30 June 2025
Employees
Stocks News & Analysis
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3 "buy the dip" candidates with wide moats
Share price pullbacks can present an opportunity to buy high quality companies at attractive prices.
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Undervalued ASX share hampered by delays in foreign expansion
A near monopoly in Australia pushes this company into global markets but progress has been slow.
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Ask the analyst: Why has MinRes fallen so far?
Mineral Resources shares are down almost 50% year to date. Mark Taylor weighs in on some of the reasons why.
Morningstar Investment Ideas
Markets
Index | Last price | Change | % Change |
|---|---|---|---|
| All Ordinaries | 8,515.20 | 3.70 | -0.04% |
| CAC 40 | 7,226.98 | 199.90 | -2.69% |
| DAX 40 | 19,033.64 | 414.96 | -2.13% |
| Dow JONES (US) | 43,910.98 | 382.15 | -0.86% |
| FTSE 100 | 8,025.77 | 99.42 | -1.22% |
| HKSE | 19,846.88 | 580.05 | -2.84% |
| NASDAQ | 19,281.40 | 17.36 | -0.09% |
| Nikkei 225 | 39,376.09 | 157.23 | -0.40% |
| NZX 50 Index | 12,660.11 | 89.25 | -0.70% |
| S&P 500 | 5,983.99 | 17.36 | -0.29% |
| S&P/ASX 200 | 8,255.60 | 10.60 | -0.13% |
| SSE Composite Index | 3,421.97 | 48.10 | -1.39% |