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Magnetite Mines Limited (ASX: MGT) - Share Price

- Current share price for MGT : $0.018

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 N/A
Industry/Sector Steel
Market Cap ($M) 4
MGT Share Price $0.018
Day High $0.018
Day Low $0.018
Last Close $0.018
MGT Share Price Movement - ( No change )
Prices as at 16:40, 22 Sep 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 - Convertible Notes Maturity Extended by 12 Months
Magnetite Mines Limited has announced a 12-month extension on the maturity dates of their
Magnetite Mines Limited (MGT)
12 Aug 2026 | 11:11 AM
MGT - Quarterly Activities/Appendix 5B Cash Flow Report
Magnetite Mines Limited reported a strategic transition during the quarter ending 30 June
Magnetite Mines Limited (MGT)
30 Jul 2026 | 11:35 AM
MGT - Ironback Hill Rare Earths Drilling Results
Magnetite Mines Limited has reported the first assay results from its 2026 air core drilli
Magnetite Mines Limited (MGT)
22 Jun 2026 | 9:32 AM
MGT - Leadership Transition and Strategic Reset
Magnetite Mines Limited has announced a strategic reset and leadership transition to addre
Magnetite Mines Limited (MGT)
26 May 2026 | 10:09 AM

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 $4 New Razorback Project Scoping Study and Funding Options 4 Sep 2026 9:43AM $0.019 $0.018 fallen by 5.26%
Magnetite Mines Limited (MGT)
ORDINARY FULLY PAID
Materials $4 Proposed issue of securities - MGT 12 Aug 2026 1:42PM $0.018 $0.018 fallen by 0%
Magnetite Mines Limited (MGT)
ORDINARY FULLY PAID
Materials $4 Convertible Notes Maturity Extended by 12 Months 12 Aug 2026 11:11AM $0.018 $0.018 fallen by 0%
Magnetite Mines Limited (MGT)
ORDINARY FULLY PAID
Materials $4 Quarterly Activities/Appendix 5B Cash Flow Report 30 Jul 2026 11:35AM $0.019 $0.018 fallen by 5.26%
Magnetite Mines Limited (MGT)
ORDINARY FULLY PAID
Materials $4 Section 708A(5)(e) Notice 3 Jul 2026 4:53PM $0.021 $0.018 fallen by 14.29%
Magnetite Mines Limited (MGT)
ORDINARY FULLY PAID
Materials $4 Appendix 3Y - Change of Directors' Interest Notice x 2 3 Jul 2026 4:51PM $0.021 $0.018 fallen by 14.29%

MGT Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
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%
2023A -$5.33 -$6.70 23.70% 0.00 0.00 0.00% 0.0%

MGT Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2023 A 2024 A 2025 A 2023 A 2024 A 2025 A 2023 A 2024 A 2025 A
BlueScope Steel Limited (BSL) $13,120M 0.9576 0.4433 -0.0263 16.3109 11.3010 11.6058 10.02% 4.34% 4.34%
Fortescue Ltd (FMG) $51,480M 0.0208 -0.2283 -0.0929 9.7801 12.6734 13.9718 9.40% 5.05% 4.56%
Magnetite Mines Limited (MGT) $4M -0.3156 0.0000 0.0000 0.0000 0.0000 0.0000 0.00% 0.00% 0.00%
Sims Limited (SGM) $4,688M 1.3724 0.2024 0.1647 15.6023 12.9760 11.1407 1.40% 2.46% 2.87%
Stanmore Resources Limited (SMR) $2,443M -1.1775 0.0000 0.0000 0.0000 0.0000 0.0000 4.91% 0.00% 0.00%

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
2 Jul 2026 WHITE, Paul Issued Indirect Shares 817,885 $0.028 $22,500.000
2 Jul 2026 WANDKE, Simon Issued Direct Shares 272,628 $0.028 $7,500.000
2 Apr 2026 WANDKE, Simon Issued Direct Shares 283,333 $0.046 $13,000.000

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 July 2027 Report (Quarterly)
28 April 2027 Report (Quarterly)
29 January 2027 Report (Quarterly)
29 October 2026 Report (Quarterly)
25 September 2026 Report (Annual)

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