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Magnetite Mines Limited (ASX: MGT) - Share Price

- Current share price for MGT : $0.013

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) 2
MGT Share Price $0.013
Day High $0.014
Day Low $0.013
Last Close $0.013
MGT Share Price Movement - ( No change )
Prices as at 16:40, 15 Oct 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 - Share Purchase Plan Closing
Magnetite Mines Limited (ASX:MGT) announced that its Share Purchase Plan (SPP) with free a
Magnetite Mines Limited (MGT)
12 Oct 2026 | 9:41 AM
MGT - Notice of Access - Share Purchase Plan
Magnetite Mines Limited (ASX: MGT) issued a Notice of Access advising eligible shareholder
Magnetite Mines Limited (MGT)
5 Oct 2026 | 9:18 AM
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

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 $3 Share Purchase Plan Closing 12 Oct 2026 9:41AM $0.015 $0.013 fallen by 13.33%
Magnetite Mines Limited (MGT)
ORDINARY FULLY PAID
Materials $3 Target Market Determination 5 Oct 2026 9:31AM $0.014 $0.013 fallen by 7.14%
Magnetite Mines Limited (MGT)
ORDINARY FULLY PAID
Materials $3 Options Prospectus 5 Oct 2026 9:28AM $0.014 $0.013 fallen by 7.14%
Magnetite Mines Limited (MGT)
ORDINARY FULLY PAID
Materials $3 Cleansing Notice - Share Purchase Plan 5 Oct 2026 9:19AM $0.014 $0.013 fallen by 7.14%
Magnetite Mines Limited (MGT)
ORDINARY FULLY PAID
Materials $3 Notice of Access - Share Purchase Plan 5 Oct 2026 9:18AM $0.014 $0.013 fallen by 7.14%
Magnetite Mines Limited (MGT)
ORDINARY FULLY PAID
Materials $3 Share Purchase Plan Offer Opens 5 Oct 2026 9:12AM $0.014 $0.013 fallen by 7.14%

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) $13,515M 0.9576 0.4433 -0.0263 16.8010 11.6406 11.9546 9.72% 4.21% 4.21%
Fortescue Ltd (FMG) $47,170M 0.0208 -0.3151 0.0043 8.9612 13.0840 13.0283 10.26% 4.91% 4.95%
Magnetite Mines Limited (MGT) $3M -0.5222 0.0000 0.0000 0.0000 0.0000 0.0000 0.00% 0.00% 0.00%
Sims Limited (SGM) $4,164M 1.3724 0.2024 0.1647 13.8594 11.5265 9.8962 1.58% 2.76% 3.23%
Stanmore Resources Limited (SMR) $2,389M -1.1775 0.0000 0.0000 0.0000 0.0000 0.0000 5.02% 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 September 2027 Report (Annual)
29 July 2027 Report (Quarterly)
28 April 2027 Report (Quarterly)
29 January 2027 Report (Quarterly)
29 October 2026 Report (Quarterly)

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