Companies: 48,687 Total Market Cap: 127340395454683.93

Magnetite Mines Limited

ASX-MGT

Materials Other Industrial Metals & Mining

Rank #40066

Market Cap 8.64 M

Volume 116,848.53

Price 0.07

Change (%) 0.00%

Country or region

Australia

Magnetite Mines Limited's latest marketcap:

8.64 M

As of May 5, 2025, Magnetite Mines Limited's market capitalization has reached $8.64 M. According to our data, Magnetite Mines Limited is the 40066th most valuable company globally by market capitalization. Market capitalization, commonly referred to as market cap, represents the total market value of all outstanding shares of a publicly traded company and is often used as a measure of company value.

Market Cap	8.64 M
Revenue (ttm)	169,600.08
Net Income (ttm)	-2,779,875.92
Shares Out	121.00 M
EPS (ttm)	-0.03
Forward PE	0.00
Ex-Dividend Date	n/a
Earnings Date	June 10, 2025

Market Cap Chart

Data Updated: May 5, 2025

Magnetite Mines Limited's yearly market capitalization.

Magnetite Mines Limited has seen its market value drop from A$39.99 M to A$13.31 M since 2020, representing a total decrease of 66.72% and an annual compound decline rate (CAGR) of 22.42%.

Date	Market Cap	Change (%)
May 2, 2025	A$13.31 M	-3.85%
December 30, 2024	A$13.84 M	-54.64%
December 29, 2023	A$30.51 M	-34.57%
December 30, 2022	A$46.64 M	-45.17%
December 31, 2021	A$85.07 M	112.73%
December 31, 2020	A$39.99 M

Company Profile

About Magnetite Mines Limited

Magnetite Mines Limited is an exploration company focused on developing mineral properties in South Australia. The company specializes in high-grade iron ore projects, with a primary emphasis on its flagship asset.

Flagship Project: Razorback Iron Ore

The company's key project is the Razorback Iron Ore Project, which comprises the Razorback and Iron Peak deposits. Located near Adelaide, South Australia, this project represents a significant opportunity in the iron ore sector.

Corporate History

Originally incorporated in 2004 as Royal Resources Limited.
Rebranded to Magnetite Mines Limited in December 2015.
Headquartered in Adelaide, Australia.

Frequently Asked Questions

As of May 5, 2025, Magnetite Mines Limited (including the parent company, if applicable) has an estimated market capitalization of $8.64 M USD. This figure represents the total market value of its outstanding shares, including different share classes. Please note that market capitalization fluctuates based on market conditions, and the actual valuation may differ from the latest estimate.

Magnetite Mines Limited global market capitalization ranking is approximately 40066 as of May 5, 2025. This ranking is relative to all publicly traded companies worldwide and can fluctuate based on market dynamics and the performance of other companies. You can refer to our Global companies market cap ranking for the most up-to-date ranking.

Stock Detail

Country or region	Australia
Founded	2004
IPO Date	n/a
Employees	n/a
CEO	Timothy Dobson
Sector	Materials
Industry	Other Industrial Metals & Mining
Address	30 Currie Street Adelaide, 5000 Australia