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Magnetite Mines Limited (ASX: MGT) - Share Price

- Current share price for MGT : $0.007

Magnetite Mines Limited (MGT) is an ASX-listed company and is not held by any exchange traded funds (ETFs). It is a Company that is engaged in mineral exploration in Australia

MGT General Information +

ASX Code MGT
Website http://magnetitemines.com
Industry/Sector Steel
Market Cap ($M) 2
MGT Share Price $0.007
Day High $0.007
Day Low $0.007
Last Close $0.007
MGT Share Price Movement - ( No change )
Prices as at 16:40, 6 Nov 2026
+Security prices are delayed by at least 20 minutes and are indicative only.

Magnetite Mines Limited (MGT) Upcoming Dividends & Yields

Distribution Type Dividend Franking Ex-dividend date Payment date Current Price+ Price 7D Avg Dividend Yield

See all dividends from Magnetite Mines Limited (MGT) or use our Upcoming Dividends tool to search for dividends across all ASX-listed securities.

Magnetite Mines Limited (MGT) price-sensitive announcements

MGT - MGT Raises $1.32M through Fully Subscribed SPP and Placement
Magnetite Mines Limited (ASX: MGT) announced that it raised a total of $1.32 million throu
Magnetite Mines Limited (MGT)
28 Oct 2026 | 10:18 AM
MGT - Trading Halt
On 26 October 2026, ASX announced a trading halt for Magnetite Mines Limited (ASX: MGT) at
Magnetite Mines Limited (MGT)
26 Oct 2026 | 9:12 AM
MGT - Share Purchase Plan to Close Early
Magnetite Mines Limited announced that the closing date for its Share Purchase Plan, origi
Magnetite Mines Limited (MGT)
22 Oct 2026 | 9:57 AM
MGT - Share Purchase Plan - Extension of Offer Period
Magnetite Mines Limited (ASX: MGT) announced an extension to the offer period for its Shar
Magnetite Mines Limited (MGT)
16 Oct 2026 | 1:54 PM

Magnetite Mines Limited (MGT) Recent ASX Announcements

Company Sector Market Cap ($m) Headline Release
date/time+		 Price at
release+		 Current
price+		 Gain/Loss View
Magnetite Mines Limited (MGT)
ORDINARY FULLY PAID
 Materials $2 Appendix 3Y - Change of Directors' Interest Notice x 2 3 Nov 2026 6:46PM n/a $0.007 n/a
Magnetite Mines Limited (MGT)
ORDINARY FULLY PAID
 Materials $2 Application for quotation of securities - MGT 3 Nov 2026 11:04AM $0.009 $0.007 fallen by 22.22%
Magnetite Mines Limited (MGT)
ORDINARY FULLY PAID
 Materials $2 First Quarter Activities and Cash Flow Reports 30 Oct 2026 11:13AM $0.009 $0.007 fallen by 22.22%
Magnetite Mines Limited (MGT)
ORDINARY FULLY PAID
 Materials $2 Notice of Annual General Meeting/Proxy Form 30 Oct 2026 11:06AM $0.009 $0.007 fallen by 22.22%
Magnetite Mines Limited (MGT)
ORDINARY FULLY PAID
 Materials $2 Application for quotation of securities - MGT 30 Oct 2026 10:29AM $0.011 $0.007 fallen by 36.36%
Magnetite Mines Limited (MGT)
ORDINARY FULLY PAID
 Materials $2 Change of Registered Office Address 28 Oct 2026 4:32PM $0.012 $0.007 fallen by 41.67%

MGT Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2026A -$3.91 -$1.70 -52.20% 0.00 0.00 0.00% 0.0%
2025A -$4.19 -$3.60 -31.60% 0.00 0.00 0.00% 0.0%
2024A -$4.85 -$5.30 -22.00% 0.00 0.00 0.00% 0.0%

MGT Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2024 A 2025 A 2026 A 2024 A 2025 A 2026 A 2024 A 2025 A 2026 A
BlueScope Steel Limited (BSL) $13,975M 0.9576 0.8875 -0.0948 17.3728 9.2040 10.1677 9.40% 4.08% 4.08%
Fortescue Ltd (FMG) $47,693M 0.0208 -0.3868 0.0015 9.0606 14.7763 14.7538 6.97% 4.37% 4.36%
Magnetite Mines Limited (MGT) $2M -0.5222 0.0000 0.0000 0.0000 0.0000 0.0000 0.00% 0.00% 0.00%
Sims Limited (SGM) $4,093M 1.3724 0.2024 0.1647 13.6215 11.3286 9.7263 1.61% 2.81% 3.28%
Stanmore Resources Limited (SMR) $2,253M -1.1775 0.0000 0.0000 0.0000 0.0000 0.0000 5.32% 0.00% 0.00%

MGT Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.00 0.00 0.04 0.00
Market 0.30 13.40 1.03 0.75
Sector 1.50 12.50 1.34 0.44

MGT Directors

Name Position Start Date
Mr Scott Frederick Lowe Chief Executive Officer, Managing Director, Executive Chairman 26 May 2026
Mr Paul M White Non-Executive Director 12 Jan 2022
Mr Simon Charles Wandke Non-Executive Director 6 Jun 2022

Magnetite Mines Limited (MGT) Changes in Directors' Interest & Trades

Date of change Director Buy/Sell Security Type Qty Trade Price Value
30 Oct 2026 WANDKE, Simon Issued Direct Shares 333,333 $0.012 $4,000.000
30 Oct 2026 WHITE, Paul Issued Indirect Shares 416,666 $0.012 $5,000.000
2 Jul 2026 WHITE, Paul Issued Indirect Shares 817,885 $0.028 $22,500.000

See all changes in directors' interest & trades for Magnetite Mines Limited (MGT) or use our Changes in directors' interest tool to search for changes & trades across all ASX-listed securities.

MGT Management

Name Position
Inthu Siva Company Secretary

MGT Substantial Shareholders

Under ASX rules large investors and investment funds must disclose when they own more than a 5% stake in Magnetite Mines Limited (MGT). However, you won't necessarily see their names in the company’s annual report, as many trade under nominee names. These shareholders are obliged to provide ongoing substantial notices relating to any change of 1% or more.

Holding Name
18,397,007 (9.90%) Citicorp Nominees Pty Limited

MGT Calendar of Events

Date Event
29 October 2027 Report (Quarterly)
29 September 2027 Report (Annual)
29 July 2027 Report (Quarterly)
28 April 2027 Report (Quarterly)
29 January 2027 Report (Quarterly)

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