ASX Share rice
Sun 09 Aug 2020 - 12:59:am (Sydney)

MGT Share Price

MAGNETITE MINES LIMITED.MGTMaterials

MGT Company Information

Name:

Magnetite Mines Limited

Sector:

Basic Materials

Industry:

Other Industrial Metals & Mining

GIC Industry:

Metals & Mining

GIC Sub Industry:

Diversified Metals & Mining

Address:

22 Greenhill Road Wayville SA Australia 5034

Phone:

61 8 8427 0516

Exec. Chairman:

Mr. Peter James Schubert

CFO & Company Sec.:

Mr. Frank DeMarte BBus(Acct), FCIS, FGIA, FCSA, FAICD

Company Overview:

Magnetite Mines Limited engages in the exploration and development of magnetite iron ore in South Australia. Its flagship projects include the Razorback Iron Project comprising the Razorback Ridge, Razorback West, Interzone, and Iron Peak prospects located in Adelaide, South Australia, as well as the Ironback Hill prospect situated in 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.

MGT Share Price Information

Shares Issued:

2.17B

Market Capitalisation:

$6.51M

Revenue (TTM):

$142

Earnings per Share:

$-0.002

Operating Margin (TTM):

$-9,746.47

Return On Assets (TTM):

$-0.09

Return On Equity (TTM):

$-0.08

Quarterly Revenue Growth (YOY):

42.242

Diluted Earnings Per Share (TTM):

$-0.001

MGT CashFlow Statement

CashFlow Date:

2019-06-30

Investments:

$-327,495

Change To Liabilities:

$-308,496

Total Cashflow From Investing Activities:

$-327,495

Net Income:

$-1,344,664

Total Cash From Operating Activities:

$-1,486,156

Depreciation:

$28.43K

Other Cashflow From Investing Activities:

$-111,936

Change To Account Receivables:

$94.64K

Capital Expenditures:

$220.48K

MGT Income Statement

Income Date:

2019-06-30

Income Before Tax:

$-1,344,664

Net Income:

$-1,344,664

Operating Income:

$-1,155,925

Other Operating Expenses:

$57.90K

Interest Expense:

$176.13K

Total Operating Expenses:

$1.16M

MGT Balance Sheet

Balance Sheet Date:

2019-06-30

Intangible Assets:

$215

Total Liabilities:

$2.76M

Total Stockholder Equity:

$6.67M

Total Assets:

$9.43M

Common Stock:

$52.62M

Retained Earnings:

$-56,502,383

Cash:

$227.74K

Total Current Liabilities:

$2.76M

Short-Term Debt:

$2.50M

Property - Plant & Equipment:

$9.16M

Net Tangible Assets:

$6.67M

Long-Term Investments:

$32.59K

Total Current Assets:

$242.65K

Net Receivables:

$8.36K

Short-Term Investments:

$9.19M

Accounts Payable:

$37.80K

Non Currrent Assets (Other):

$9.19M

Short-Term Investments:

$9.19

Non Current Liabilities Total:

$0

MGT Share Price History

MGT News

31 Mar, 2020
As an investor, mistakes are inevitable. But you have a problem if you face massive losses more than once in a while...
02 Oct, 2019
The big shareholder groups in Magnetite Mines Limited (ASX:MGT) have power over the company. Insiders often own a...