Create Free Account

By creating account you will get access to hot stocks & personalised emails

Magnetite Mines Ltd

Basic Materials AU MGT

0.115AUD
-0.005(4.17%)

Last update at 2025-01-21T03:51:00Z

Day Range

0.110.12
LowHigh

52 Week Range

0.110.41
LowHigh

Fundamentals

  • Previous Close 0.12
  • Market Cap15.00M
  • Volume164941
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA-4.84599M
  • Revenue TTM0.21M
  • Revenue Per Share TTM0.002
  • Gross Profit TTM 0.21M
  • Diluted EPS TTM-0.05

Analyst Recommendations

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Type yearly yearly yearly yearly yearly
Date 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Income before tax -5.33119M -3.66166M -1.73283M -0.37351M -1.34466M
Minority interest - - - - -
Net income -5.33119M -3.66166M -1.73283M -0.37351M -1.35085M
Selling general administrative 4.39M 2.84M 1.27M 0.67M 0.77M
Selling and marketing expenses 3.74M 2.48M 1.10M 0.52M -
Gross profit 0.21M 0.20M -0.75945M 0.58M -0.52174M
Reconciled depreciation 0.26M 0.11M 0.00919M 0.00998M 0.02M
Ebit -5.22620M -3.55129M -1.62866M -0.25855M -1.16235M
Ebitda -4.97052M -3.44451M -1.61943M -0.24846M -1.14688M
Depreciation and amortization 0.26M 0.11M 0.00924M 0.01M 0.02M
Non operating income net other - - - - -
Operating income -5.46579M -3.59895M -1.68630M -1.29761M -1.16235M
Other operating expenses 5.68M 3.80M 1.65M 0.28M 1.16M
Interest expense 0.10M 0.11M 0.10M 0.12M 0.18M
Tax provision 0.00000M 0.00000M 0.00000M 0.00000M 0.00000M
Interest income 0.14M 0.05M 0.02M 0.00074M 0.00113M
Net interest income 0.14M -0.06171M -0.08073M -0.11774M -0.16058M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 0.32M 0.30M 0.14M 0.02M 0.00618M
Total revenue 0.21M 0.20M 0.02M 1.04M 0.02M
Total operating expenses 5.68M 3.79M 1.69M 1.30M 1.16M
Cost of revenue 2.41M 1.43M 0.78M 0.46M 0.54M
Total other income expense net 0.21M 0.19M 0.03M 1.04M -0.18232M
Discontinued operations - - - - -
Net income from continuing ops -5.33119M -3.66166M -1.73283M -0.37351M -1.34466M
Net income applicable to common shares -5.33119M -3.66166M -1.73283M -0.37351M -1.34466M
Preferred stock and other adjustments - - - - -
Breakdown 2024-06-30 2023-06-30 2022-06-30 2021-06-30 2020-06-30
Type yearly yearly yearly yearly yearly
Date 2024-06-30 2023-06-30 2022-06-30 2021-06-30 2020-06-30
Total assets 38.23M 38.97M 45.79M 29.70M 10.42M
Intangible assets - 0.00000M 0.00003M 0.00005M 0.00011M
Earning assets - - - - -
Other current assets 0.12M - 0.02M 0.00976M 0.00961M
Total liab 1.38M 3.66M 6.44M 2.81M 2.29M
Total stockholder equity 36.84M 35.31M 39.35M 26.89M 8.14M
Deferred long term liab - - - - -
Other current liab 0.00400M 3.12M 0.80M 0.51M 0.27M
Common stock 95.35M 89.51M 89.55M 74.55M 54.39M
Capital stock - 89.51M 89.55M 74.55M 54.39M
Retained earnings -72.44943M -67.60158M -62.27038M -58.60873M -56.87589M
Other liab - - - - -
Good will - - - - -
Other assets - 0.11M 0.11M 0.03M 0.03M
Cash 1.21M 5.13M 19.35M 16.59M 0.83M
Cash and equivalents - - 16.96M 16.59M 0.83M
Total current liabilities 1.34M 3.53M 4.33M 0.83M 0.31M
Current deferred revenue 0.84M -2.28885M -0.10082M -0.10082M -0.10208M
Net debt -1.13952M -2.71047M -17.13481M -14.61292M 1.25M
Short term debt 0.07M 2.29M 0.10M 0.10M 0.10M
Short long term debt - 1.98M - - 0.10M
Short long term debt total 0.07M 2.42M 2.21M 1.98M 2.08M
Other stockholder equity - -21.91171M -27.28106M -15.94557M 10.62M
Property plant equipment - 33.45M 25.59M 12.91M 9.53M
Total current assets 1.37M 5.41M 20.09M 16.76M 0.86M
Long term investments - 0.11M 0.11M 0.03M -
Net tangible assets - 35.31M 39.35M 26.89M 8.14M
Short term investments - 3.13M 16.96M - -
Net receivables 0.12M 0.25M 0.72M 0.16M 0.02M
Long term debt - 0.00000M 1.98M 1.98M 1.98M
Inventory -0.07684M - - - -
Accounts payable 0.42M 0.40M 3.53M 0.33M 0.04M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 13.95M 13.40M 12.07M 10.95M 10.62M
Additional paid in capital - - - - -
Common stock total equity - - - - 54.39M
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other - - -25.59349M -12.90832M -9.52856M
Deferred long term asset charges - - - - -
Non current assets total 36.86M 33.56M 25.71M 12.94M 9.56M
Capital lease obligations - 0.45M 0.24M - -
Long term debt total - 0.14M 2.11M 1.98M 1.98M
Breakdown 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Type yearly yearly yearly yearly yearly
Date 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Investments -9.98089M -10.04252M -3.17211M -0.33165M -0.32749M
Change to liabilities -0.60871M 0.77M 0.40M -0.04457M -0.30850M
Total cashflows from investing activities -9.98089M -10.04252M -3.17211M -0.33165M -0.32749M
Net borrowings -0.23425M -0.06962M -0.10000M 0.10M 0.10M
Total cash from financing activities -0.35820M 15.10M 20.06M 1.81M 0.30M
Change to operating activities - - - - -
Net income -5.33119M -3.66166M -1.73283M -0.37351M -1.35085M
Change in cash -14.21273M 2.76M 15.76M 0.60M -1.51661M
Begin period cash flow 19.35M 16.59M 0.83M 0.23M 1.74M
End period cash flow 5.13M 19.35M 16.59M 0.83M 0.23M
Total cash from operating activities -3.87364M -2.30332M -1.13437M -0.87793M -1.48616M
Issuance of capital stock 0.00083M 16.12M 21.02M 1.89M 0.30M
Depreciation 0.27M 0.11M 0.02M 0.19M 0.02M
Other cashflows from investing activities 0.00475M -0.08000M 0.00300M 0.00606M -0.11194M
Dividends paid 0.36M 15.11M 20.06M 1.61M -
Change to inventory - - - - -
Change to account receivables 0.46M -0.56491M -0.14120M -0.01746M 0.09M
Sale purchase of stock -0.12479M -0.95583M -0.85543M -0.18142M -0.18142M
Other cashflows from financing activities 0.72M 15.11M -3.17211M 1.81M 0.28M
Change to netincome 1.33M 1.05M 0.33M -0.63418M 0.04M
Capital expenditures 9.99M 9.97M 3.18M 0.34M 0.22M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital 0.46M -0.56491M -0.14120M -0.01746M 0.01M
Stock based compensation 1.33M 1.04M 0.32M 0.06M -
Other non cash items 1.19M 1.24M 0.58M -0.69611M 1.33M
Free cash flow -13.85928M -12.26975M -4.30948M -1.21564M -0.22048M

Peer Comparison

Sector: Basic Materials Industry: Other Industrial Metals & Mining

Company Change (AUD) Price (AUD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
MGT
Magnetite Mines Ltd		 -0.005 4.17% 0.12 - - 69.91 0.39 - -9.027
BHP
BHP Group Limited		 0.36 0.89% 40.60 15.90 10.57 3.61 2.88 2.39 5.65
RIO
Rio Tinto Ltd		 0.73 0.61% 120.82 11.25 14.86 3.59 2.17 2.30 5.60
FMG
Fortescue Ltd		 0.15 0.81% 19.32 6.34 10.15 3.19 1.84 2.01 3.46
S32
South32 Ltd		 0.06 1.71% 3.57 - 30.58 2.81 1.06 1.87 72.76

Reports Covered

Stock Research & News

View All

Profile

Magnetite Mines Limited engages in the exploration of mineral properties in South Australia. Its flagship project is the Razorback Iron Ore project that includes the Razorback and Iron Peak 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 based in Adelaide, Australia.

Magnetite Mines Ltd

30 Currie Street, Adelaide, SA, Australia, 5000

Key Executives

Name Title Year Born
Mr. Ian Bruce Kirkham A.Aus.I.M.M., CA, Ec. Company Sec. & CFO 1965
Mr. Peter James Schubert Non-Exec. Director NA
Mr. Timothy Dobson BAppSc, GAICD, MAusIMM Chief Exec. Officer NA
Gemma Brosnan Gen. Mang. of External Affairs NA
Allan Kane GM of Sustainability NA
Mr. Timothy Dobson BAppSc, GAICD, MAusIMM Chief Executive Officer NA
Mr. Simon David Lee Smith B.Bus, B.Com., C.A., CA CFO & Joint Company Secretary 1973
Mr. Timothy Dobson BAppSc, GAICD, MAusIMM Chief Executive Officer NA
Mr. Simon David Lee Smith B.Bus, B.Com., C.A., CA CFO & Joint Company Secretary 1973
Ms. Inthu Siva Company Secretary & Financial Controller NA

Disclaimer - This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on ‘as is’ basis, using their API. The information and data provided on this page, as well as via the API, are not guaranteed to be real-time or accurate. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general informational purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine does not assume any responsibility for any trading losses you might incur as a result of using this information, data, or any analyst rating or recommendation provided. Kalkine will not accept any liability for any loss or damage resulting from reliance on the information, including but not limited to data, quotes, charts, analyst ratings, recommendations, and buy/sell signals sourced via the API.
Please be fully informed about the risks and costs associated with trading in the financial markets, as it is one of the riskiest forms of investment. Kalkine does not provide any warranties regarding the information on this page, including, without limitation, warranties of merchantability or fitness for a particular purpose or use.

Our Company

Useful Links

Contact Us

ISO Certified Market Research

Kalkine Solutions Private Limited, authorized representative of Kalkine Pty Ltd, holds ISO 27001:2022 certification bearing Certificate No.- IC-IS-2404072

Our Company

Useful Links

Contact Us

Disclaimer

The information given by Kalkine Pty Ltd ABN34 154 808 312 (Australian Financial Services License Number 425376) on this website is general information or advice only.

It does not take into account any of your personal objectives, circumstances or needs. Choosing an investment is an important decision. If you do not feel confident making a decision based on the recommendations Kalkine has made in our reports, you should consider obtaining personal advice from an authorised adviser.

There may be a product disclosure statement or other offer document for the securities and financial products we write about in Kalkine Reports. You should obtain a copy of the product disclosure statement or offer document before making any decision about whether to acquire the security or product. Terms & Conditions have been provided for our services, please go through them and also read our Financial Services Guide.

Our website may contain information on past performance of particular investments. Past performance is not an indicator of future performance. Hypothetical returns may not reflect actual performance. Any displays of potential investment opportunities are for sample purposes only and may not actually be available to investors.

The information on the website does not constitute an offer to sell securities or a solicitation of an offer to buy securities. Our reports contain general recommendations to invest in securities.

Copyright 2025 Krish Capital Pty. Ltd. All rights reserved. No part of this website, or its content, may be reproduced in any form without our prior consent.