MGT · ASX

Magnetite Mines Ltd. (ASX:MGT)

AU$0.14

 0.005 (3.704%)
ASX:Live
21/11/2024 03:57:58 PM
HALO Ords GROWTH AUS Engulfing Bullish All-Companies
Consensus Score
/10
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MGT Overview

MGT Health Scores

Short Term

Mean Reversion

Very Weak

Trend

Neutral

Event

Neutral

Halo Model

MQV

Very Strong

GARP

Very Strong

MQV Small

Neutral

Valuation

Value

Consensus

Momentum

Price

Very Strong

Earnings

Very Strong

Growth

Earnings

Very Strong

Dividends

Very Strong

Quality

Capital Efficiency

Very Strong

Balance Sheet

Very Strong

About MGT

Website

Magnetite Mines Ltd.

Telephone

61.8.8427.0516

Address

Suite 3, Level 3 30 Currie Street Adelaide, South Australia (SA) 5000

Description

Magnetite Mines Ltd. operates as a mineral exploration company, which explores and develops mineral properties. The firm's projects include Razorback Iron Ore and Muster Dam Iron Ore. The company was founded on February 23, 2004, and is headquartered in Wayville, Australia.

MGT Price Chart

Key Stats

Market Cap

AU$16.15M

PE

N/A

EV/EBITDA

N/A

Dividends Overview

DIV Yield

N/A

Franking

N/A

Ex Dividend Date (est.)

N/A

Market Data

52 weeks range

Low 0.11 - 0.42

Trade Value (12mth)

AU$10,276.00

1 week

-6.9%

1 month

-20.59%

YTD

-54.9%

1 year

-67.4%

All time high

15.74

Key Fundamentals

EPS 3 yr Growth

81.20%

EBITDA Margin

N/A

Operating Cashflow

-$4m

Free Cash Flow Return

-10.10%

ROIC

-13.40%

Interest Coverage

-44.00

Quick Ratio

1.00

Other Data

Shares on Issue (Fully Dilluted)

98m

HALO Sector

Mining

Next Company Report Date

25-Sep-25

Ex Dividend Date (est.)

N/A

Next Dividend Pay Date (est.)

N/A

Reporting Currency

AUD

Short Sell (% of issue)

0.00

MGT Announcements

Latest Announcements

Date Announcements

06 November 24

Units on Issue Disclosure - October 2024 (ROY-AU)

×

Units on Issue Disclosure - October 2024 (ROY-AU)

30 October 24

1st Quarter Activities Report and App 5B

×

1st Quarter Activities Report and App 5B

29 October 24

Resignation of Director - Jim McKerlie

×

Resignation of Director - Jim McKerlie

29 October 24

IMARC Conference Presentation

×

IMARC Conference Presentation

29 October 24

Notice of General Meeting/Proxy Form

×

Notice of General Meeting/Proxy Form

25 October 24

Appendix 3Y - Change of Directors' Interest Notice x 6

×

Appendix 3Y - Change of Directors' Interest Notice x 6

24 October 24

Cancellation of Loyalty Options Issued to Directors

×

Cancellation of Loyalty Options Issued to Directors

24 October 24

Notification of cessation of securities - MGT

×

Notification of cessation of securities - MGT

24 October 24

Top 20 Option Holders & Distribution Schedule - MGTOA

×

Top 20 Option Holders & Distribution Schedule - MGTOA

22 October 24

Green Iron SA alliance launched for Green Iron revolution

×

Green Iron SA alliance launched for Green Iron revolution

04 October 24

Units on Issue Disclosure - September 2024 (ROY-AU)

×

Units on Issue Disclosure - September 2024 (ROY-AU)

04 October 24

Appendix 3Y - Change of Directors' Interest Notice x 6

×

Appendix 3Y - Change of Directors' Interest Notice x 6

04 October 24

Section 708A(5)(e) Notice

×

Section 708A(5)(e) Notice

02 October 24

Rights Issue closes securing $2.4M

×

Rights Issue closes securing $2.4M

02 October 24

Supplementary Prospectus

×

Supplementary Prospectus

02 October 24

Application for quotation of securities - MGT

×

Application for quotation of securities - MGT

02 October 24

Top 20 Option Holders & Distribution Schedule - MGTOA

×

Top 20 Option Holders & Distribution Schedule - MGTOA

02 October 24

Application for quotation of securities - MGT

×

Application for quotation of securities - MGT

02 October 24

Notification of cessation of securities - MGT

×

Notification of cessation of securities - MGT

30 September 24

Annual Report to shareholders

×

Annual Report to shareholders

30 September 24

2024 Corporate Governance Statement & Appendix 4G

×

2024 Corporate Governance Statement & Appendix 4G

30 September 24

Magnetite Mines Ltd. - Annual Report to shareholders (MGT-AU)

×

Magnetite Mines Ltd. - Annual Report to shareholders (MGT-AU)

30 September 24

Magnetite Mines Ltd. - 2024 Corporate Governance Statement & Appendix 4G (MGT-AU)

×

Magnetite Mines Ltd. - 2024 Corporate Governance Statement & Appendix 4G (MGT-AU)

27 September 24

Annual Report (ROY-AU)

×

Annual Report (ROY-AU)

24 September 24

Appendix 3X - Tim Dobson

×

Appendix 3X - Tim Dobson

MGT Fundamentals

Per Share Records

Historical data

Forecast data

AUD 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027
Per Share, Growth & Valuations
EPS (Basic) $ Lock Lock Lock Lock -0.06 -0.07 -0.05 Lock Lock Lock
EPS (Fully Diluted) $ Lock Lock Lock Lock -0.06 -0.07 -0.05 Lock Lock Lock
     Growth % Lock Lock Lock Lock -88.3 -23.4 22.0 Lock Lock Lock
     PE X Lock Lock Lock Lock N/A N/A N/A Lock Lock Lock
     EV/EBITDA X Lock Lock Lock Lock N/A N/A N/A Lock Lock Lock
CFPS $ Lock Lock Lock Lock -0.03 -0.05 -0.04 Lock Lock Lock
FCFPS $ Lock Lock Lock Lock -0.04 -0.05 -0.04 Lock Lock Lock
     Growth % Lock Lock Lock Lock -55.1 -49.2 18.3 Lock Lock Lock
     Yield % Lock Lock Lock Lock -3.6 -13.4 -15.6 Lock Lock Lock
DPS $ Lock Lock Lock Lock 0.00 0.00 0.00 Lock Lock Lock
     Growth % Lock Lock Lock Lock N/A N/A N/A Lock Lock Lock
     Yield % Lock Lock Lock Lock N/A N/A N/A Lock Lock Lock
     Payout Ratio % Lock Lock Lock Lock 0 0 0 Lock Lock Lock
BPS $ Lock Lock Lock Lock 0.51 0.46 0.37 Lock Lock Lock
BPS (Tangible) $ Lock Lock Lock Lock 0.51 0.46 0.37 Lock Lock Lock
     Growth % Lock Lock Lock Lock 26.4 -10.4 -18.2 Lock Lock Lock
Shares Outstanding
Diluted m Lock Lock Lock Lock 66 77 90 Lock Lock Lock
Basic m Lock Lock Lock Lock 66 77 90 Lock Lock Lock

Financial Records

Historical data

Forecast data

AUD 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027
Income Statement
Sales $m Lock Lock Lock Lock 0 0 0 Lock Lock Lock
     Growth % Lock Lock Lock Lock N/A N/A N/A Lock Lock Lock
Selling & General Expenses $m Lock Lock Lock Lock 3 5 4 Lock Lock Lock
Gross Income $m Lock Lock Lock Lock 0 0 0 Lock Lock Lock
     Growth % Lock Lock Lock Lock -1,062.2 -139.5 -55.9 Lock Lock Lock
     Margin % Lock Lock Lock Lock N/A N/A N/A Lock Lock Lock
Cost of Goods Sold to Sales % Lock Lock Lock Lock 0 0 0 Lock Lock Lock
EBITDA $m Lock Lock Lock Lock -3 -5 -4 Lock Lock Lock
     Growth % Lock Lock Lock Lock -119.8 -49.2 13.8 Lock Lock Lock
     Margin % Lock Lock Lock Lock N/A N/A N/A Lock Lock Lock
Depreciation & Amortisation $m Lock Lock Lock Lock 0 0 0 Lock Lock Lock
EBIT $m Lock Lock Lock Lock -3 -5 -5 Lock Lock Lock
     Growth % Lock Lock Lock Lock -125.4 -52.0 10.4 Lock Lock Lock
     Margin % Lock Lock Lock Lock N/A N/A N/A Lock Lock Lock
Pretax Income $m Lock Lock Lock Lock -4 -5 -5 Lock Lock Lock
Income Taxes $m Lock Lock Lock Lock 0 0 0 Lock Lock Lock
Net Income $m Lock Lock Lock Lock -4 -5 -5 Lock Lock Lock
     Growth % Lock Lock Lock Lock -111.3 -45.6 9.1 Lock Lock Lock
     Margin % Lock Lock Lock Lock N/A N/A N/A Lock Lock Lock
Cash Flow Statement
Net Operating Cash Flow $m Lock Lock Lock Lock -2 -4 -4 Lock Lock Lock
Capital Expenditures $m Lock Lock Lock Lock 10 10 4 Lock Lock Lock
Net Investing Cash Flow $m Lock Lock Lock Lock -10 -10 -4 Lock Lock Lock
Net Financing Cash Flow $m Lock Lock Lock Lock 15 0 4 Lock Lock Lock
Free Cash Flow $m Lock Lock Lock Lock -2 -4 -4 Lock Lock Lock
     Growth % Lock Lock Lock Lock -108.0 -61.1 5.3 Lock Lock Lock
     Margin % Lock Lock Lock Lock N/A N/A N/A Lock Lock Lock
Franking Balance $m Lock Lock Lock Lock 0 0 0 Lock Lock Lock
Balance Sheet
Cash & Short-Term Investments $m Lock Lock Lock Lock 19 5 1 Lock Lock Lock
Total Assets $m Lock Lock Lock Lock 46 39 38 Lock Lock Lock
Long Term Debt $m Lock Lock Lock Lock 2 0 0 Lock Lock Lock
Net Debt $m Lock Lock Lock Lock -17 -3 -1 Lock Lock Lock
Total Liabilities $m Lock Lock Lock Lock 6 4 1 Lock Lock Lock
Equity $m Lock Lock Lock Lock 39 35 37 Lock Lock Lock
Invested Capital Lock Lock Lock Lock 41 35 37 Lock Lock Lock
     Growth % Lock Lock Lock Lock 43.6 -14.5 4.1 Lock Lock Lock
Return Ratios
Return on Assets % Lock Lock Lock Lock -8.0 -13.7 -12.7 Lock Lock Lock
Return on Equity % Lock Lock Lock Lock -9.3 -15.1 -13.2 Lock Lock Lock
Return on Total Capital % Lock Lock Lock Lock -9.8 -13.2 -12.5 Lock Lock Lock
Return on Invested Capital % Lock Lock Lock Lock -10.4 -13.9 -13.4 Lock Lock Lock
Cash Flow Return on Invested Capital % Lock Lock Lock Lock -6.5 -10.1 -10.1 Lock Lock Lock

Ratios Records

Historical data

Forecast data

AUD 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027
Leverage
Interest Cover X Lock Lock Lock Lock -30.4 -36.2 -44.0 Lock Lock Lock
Debt to EBITDA X Lock Lock Lock Lock 5.1 0.5 0.3 Lock Lock Lock
Net Debt to Equity % Lock Lock Lock Lock -43.5 -7.7 -3.0 Lock Lock Lock
Liquidity
Current Ratio X Lock Lock Lock Lock 4.6 1.5 1.0 Lock Lock Lock
Quick Ratio X Lock Lock Lock Lock 4.6 1.5 1.0 Lock Lock Lock
Cash & ST Inv/Current Assets % Lock Lock Lock Lock 96.3 94.9 88.6 Lock Lock Lock
CFO/Current Liabilities % Lock Lock Lock Lock -53.0 -109.9 -273.9 Lock Lock Lock
Balance Sheet Efficiency
Receivables Turnover X Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock
Inventory Turnover X Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock
Working Capital Turnover X Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock
Payables Turnover X Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock
Asset Turnover X Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock
Du Pont
Asset Turnover X Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock
x Pretax Margin % Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock
= Pretax Return on Assets % Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock
x Tax Rate Complement (1-Tax Rate) % Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock
Return on Assets % Lock Lock Lock Lock -8.0 -13.7 -12.7 Lock Lock Lock
x Equity Multiplier (Assets/Equity) % Lock Lock Lock Lock 1.2 1.1 1.0 Lock Lock Lock
Return on Equity % Lock Lock Lock Lock -9.3 -15.1 -13.2 Lock Lock Lock
x Earnings Retention (1-Payout) % Lock Lock Lock Lock 100.0 100.0 100.0 Lock Lock Lock
= Reinvestment Rate (%) % Lock Lock Lock Lock -9.3 -15.1 -13.2 Lock Lock Lock
Operating Cycle
Days of Inventory on Hand Days Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock
+ Days of Sales Outstanding Days Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock
Operating Cycle Days Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock
- Days of Payables Outstanding Days Lock Lock Lock Lock 6,588.4 2,805.5 376.2 Lock Lock Lock
Net Operating Cycle Days Lock Lock Lock Lock -6,588.4 -2,805.5 -376.2 Lock Lock Lock

Dividends

Key Stats

Ex Dividend Date (est.)

N/A

DIV Yield

N/A

Franking Level

N/A

DPSg

N/A

Quality Yield

Lock

Falling Divs over next 2

Lock

Values and Recommendations

Key Stats

Consensus Score

Lock

Recommendation

Lock

EPS 1 month Change

Lock

Quality Yield

Lock

Falling Divs over next 2

Lock

Halo Consensus Score

Lock Chart

PEG Ratio

Lock Chart

Consensus EPS Revisions

Lock Chart

Short selling

Key Stats

Percent of Issue

0.00%

Value ($M)

0

Prior Change

N/A

7 Day Change

N/A

1 Month Change

N/A

3 Month Change

N/A

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Frequently Asked Questions

The current share price of Magnetite Mines Ltd. (MGT:ASX) is AU$0.14.
The 52-week high share price for Magnetite Mines Ltd. (MGT:ASX) is AU$0.42.
The 52-week low share price for Magnetite Mines Ltd. (MGT:ASX)? is AU$0.11.
Magnetite Mines Ltd. (MGT:ASX) does not pay a dividend.
Magnetite Mines Ltd. (MGT:ASX) does not pay a dividend.
Magnetite Mines Ltd. (MGT:ASX) has a franking level of 0.0%.
Magnetite Mines Ltd. (MGT:ASX) is classified in the Mining.
The current P/E ratio for Magnetite Mines Ltd. (MGT:ASX) is .
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HALO Technologies Pty Ltd ABN 54 623 830 866 is a Corporate Authorised Representative No 1261916 of Macrovue Pty Ltd ABN 98 600 022 679 AFSL 484264. Macrovue Pty Ltd is a wholly owned subsidiary of HALO Technologies Pty Ltd.